The Commercial Vehicle Safety Alliance (CVSA) plans to hold its annual Operation Safe Driver Program campaign between July 15 and 21 this year.
Rail Traffic for the Week Ending April 7, 2018
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 7, 2018. For this week, total U.S. weekly rail traffic was 524,905 carloads and intermodal units, up 3.8 percent compared with the same week last year. Total carloads for the week ending April 7 were 261,898 carloads, up 4.6 […]
Top 20 cargo hubs saw volumes rise 6.8% in 2017
Air cargo volumes at the world’s 20 busiest airports grew 6.8% in 2017, with Hong Kong again the number one freight hub at more than 5m tonnes, a 9.4% year-on-year increase. Airports Council International (ACI) reported that the top 20 cargo hubs handled a combined 51m tonnes last year, representing 43% of global airfreight volumes, […]
Top 5 ocean carriers serving US trades see export share slips
The Top 5 container lines serving the United States slightly increased their combined share of imports in 2017, but dominance of their exports receded. The 1 percentage point decline to 55.2 percent in export share among the Top 5 export carriers in 2017 – Maersk Group (Maersk Line, Hamburg Süd, and SeaLand), Mediterranean Shipping Co., […]
Mixed movement for U.S. fuel prices this week
Prices for diesel and gasoline in the U.S. went in different directions this week depending on the region, per data tracked by the Energy Information Administration (EIA).
Global Debt at Record Level
Global debt rose to a record $237 trillion in the fourth quarter of 2017, more than $70 trillion higher than a decade earlier, according to an analysis by the Institute of International Finance. At the same time, the ratio of debt-to-gross domestic product fell for the fifth consecutive quarter as the world’s economic growth accelerated. […]
Spot Truckload Capacity Tightens, Shipper Demand Jumps
The number of trucks on the spot truckload freight market did not keep pace with demand from shippers wanting to move goods before the end of the first quarter and the start of Easter holidays, sending rates and load-to-truck ratios higher.
ELD Mandate: 10 Things You Need to Know as Full Enforcement Hits
The long, divisive slog is over. As of April 1, the Federal Motor Carrier Safety Administration’s electronic logging device mandate goes into full effect, requiring most commercial vehicles to have a compliant electronic logging device in the cab to track the driver’s hours of service.
ELD mandate spurs innovation in US truck tech
In a few short months, the electronic logging device (ELD) mandate for truck drivers has unveiled a host of inefficiencies in US supply chains. Transit times for shipments have grown longer, especially in lanes ranging from 450 to 550 miles, as drivers keep a tighter rein on their hours. That is spurring innovation aimed at […]
House Bill Aims to Bend 14-Hour Clock for Truck Drivers
A newly proposed bill would allow truck drivers a daily break of up to 3 consecutive hours that would not eat into the 14-hour on-duty allotment afforded them by federal Hours of Service rules.