Signs the long-awaited reduction of U.S. inventories is underway are surfacing in the earnings reports of some major retailers, including Wal-Mart, the largest U.S. retailer. But retailers also show signs of struggling to strike a balance between on-line and in-store goods. (This article requires registration at the Journal of Commerce. To access, please click on […]
Shipment volumes were flat from the previous month, and expenditures were down just 0.6 percent, but both still remained well below 2015 levels, according to the latest Cass Freight Index Report.
A limited number of 18- to 21-year-olds with military experience would be allowed to drive interstate tractor-trailers under a pilot program proposed Friday by U.S. regulators. The three-year pilot program would also help direct young veterans to jobs in trucking, which claims it is struggling to attract new talent, especially truck drivers. (This article requires […]
The Energy Department is announcing up to $137 million in investments for two programs designed to develop next-generation fuel-efficiency technologies in commercial and passenger vehicles, including more funding for SuperTruck II.
A major North American intermodal group isn’t expecting a dramatic rebound in business next year, given an already muted year-end forecast and another weak peak season on the horizon. With U.S. consumers spending less on physical goods and inventories still at historic highs – something many are no longer pegging on the West Coast labor […]
The idle container ship fleet is back to more than 1 million 20-foot-equivalent units after a brief dip in July, with rising unemployment impacting all vessel sizes, Alphaliner said. There were 296 unemployed ships of more than 500 TEUs with a total capacity of 1.02 million TEUs, equivalent to 5 percent of the total fleet, […]
Shippers are benefiting from temporary excess capacity in the truckload market, but analysts say this condition is temporary. The driver situation, increasing regulations, and inventory sell-offs all point to a tighter capacity situation in 2017 and beyond.
The American Trucking Associations (ATA) this week released the latest edition of the leading almanac of trucking – ATA American Trucking Trends 2016 – showing the industry posted gains in employment, number of truck drivers and truck sales through 2015.
A new report reveals the number of reported cargo thefts in the U.S. fell during the second quarter of the year compared to the same period in 2015, but the average value of the heists increased, according to the cargo theft prevention and recovery service CargoNet.
The largest U.S. trucking companies saw revenue decline last year, but not the trucking industry as a whole. Total U.S. trucking revenue topped $700 million for the second straight year in 2015, rising 3.7 percent to $726.4 billion, the American Trucking Associations said Thursday. (This article requires registration at the Journal of Commerce. To access, […]
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