Economic growth was stronger during the final three months of 2017 than earlier estimated, but a key measure of U.S. corporate profits weakened against a backdrop of significant changes to the tax code. (This article requires a subscription to the Wall Street Journal. To subscribe, please click on the above link.)
While China slams the brakes on buying trophy properties and the retail apocalypse draws nigh, something less sexy but striking is going on in real estate. Warehouses are now worth more than office buildings.
US surface freight volumes and spending on trucking and intermodal rail remained higher in February than year-ago levels, resembling the 2014 marketplace in which the balance strongly tipped in favor of the carriers, according to new monthly data from Cass Information Systems. (This article requires a subscription to the Journal of Commerce. To subscribe, please […]
A 2017 report by the American Trucking Association noted that the industry needs to hire almost 900,000 more drivers to meet rising demand, while the latest jobs report noted that 185,000 jobs have been added over the past four months alone. Bottom line: this sector is getting desperate for talent, and the problem is only […]
As time runs out for most truckers to install a digital device that tracks their driving time ahead of the April 1 deadline, the Federal Motor Carrier Safety Administration granted agriculture industry truckers a second 90-day reprieve from complying with the new rule.
Home delivery is poised on the edge of revolution. Last-mile delivery – as it’s referred to by logistics insiders – is one of the costliest links in the delivery chain. That’s why a handful of determined delivery startups aim to offer fast, efficient, on-demand home delivery. The goal is to eliminate the cost of delivery […]
At the Rail Equipment Finance 2018 conference in early March, a session on autonomous trucking with Cowen and Company analysts Matt Elkott, Jeff Osborne and Matthew Frankel, moderated by Railway Age Editor-in-Chief William C. Vantuono, examined the implications for railroads-both real and perceived-of this emerging transportation technology.
It was a busy conference for dangerous goods (DG) last week at IATA’s World Cargo Symposium. In an effort to encourage electronic management DG handling and improve safety, IATA introduced both its Dangerous Goods AutoCheck (DG AutoCheck) platform and its e-Dangerous Goods Declaration (e-DGD) standards.
Air freight appears to have entered a period of sustainable growth with steadily increasing volume from the e-commerce and pharmaceuticals sectors over the past few years leading to a decoupling of air cargo demand from goods trade growth and muddying the research waters in the process. (This article requires a subscription to the Journal of […]
Hong Kong-based blockchain solution provider 300cubits has completed the first trial shipment in its smart contract deployed on the Ethereum blockchain, the company said.
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