China’s exports tumbled 25.4 percent year-over-year in February and imports fell 13.8 percent as the country’s trade slowdown accelerated, catching some analysts by surprise. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
The Federal Motor Carrier Safety Administration is set to publish today, March 8, a proposed rule that, if made final, would implement a required core training curriculum for prospective truckers before they receive their CDL. The curriculum notably includes at least 30 hours of behind-the-wheel training before being issued a CDL.
The global economy is set to slow over coming months, with growth weakening in most developed economies even as it stabilizes in China, according to leading indicators released Tuesday by the Organization for Economic Cooperation and Development. (This article requires a subscription to the Wall Street Journal. To access, please click on the above link.)
FedEx, the largest less-than-truckload carrier in North America and the second-largest trucking operator in the U.S., has joined the league of logistics movers and shakers, including rival UPS, opposed to a proposed Canadian Pacific-Norfolk Southern railway merger. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
Intermodal service may have improved last year, but for some shippers, those improvements aren’t enough. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
Speaking at the TPM Conference in Long Beach this week, an economist noted that consumer spending was extremely strong in January, but even over a three month period consumer spending has been strong.
The six 18,000 TEU vessels named after the Great Explorers will be deployed on the trans-Pacific market, the most dynamic one, to accelerate its growth
The Association of American Railroads (AAR) reported this week that United States rail carload and intermodal volumes for the month of February were mixed on an annual basis.
Since the start of the most recent recession in December 2007, the share of older working women has grown while the percentage of every other category of U.S. worker—by gender and age—has declined or is flat. (This article requires a subscription to the Wall Street Journal. To access, please click on the above link.)
Although activity slowed slightly in the fourth quarter, total deal value for mergers and acquisitions in the transportation and logistics sector spiked 206 percent from the same 2014 period, according to a new report from PwC US.
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