In a time dominated by smart technology and automation being applied across the board, from industrial production to our homes and smart phones, we are witnessing an advancement of this technology in the marine sector as well aimed at making even ships autonomous.
Overall ro-ro shipping market basking in glow of growth
The roll-on, roll-off shipping business is riding a wave, with rising cargo volumes delivering increasing profits despite the fragile economic situation in its core European market. The industry took “a big step forward” in 2016, building on the previous 12 months of stabilization and recovery, according to Pris-based ship broker and consulting firm Barry Rogliano […]
US shippers expect pinch, not capacity crunch, from ELDs
Shippers and trucking companies are concerned about a potential loss of capacity and productivity that could push up pricing when truck drivers are required to use electronic logging devices (ELDs), but they’re not expecting a massive capacity crunch following the mandate. (This article requires a subscription to the Journal of Commerce. To subscribe, please click […]
March Truck Tonnage Slips; Moderate Growth Forecast
The American Trucking Associations’ advanced seasonally adjusted truck tonnage index fell 1% in March, giving a reading of 137.5. Rough weather in the month was to blame for the depressed truck tonnage numbers, according to ATA. Despite the drop, March’s numbers were slightly better in year-over-year comparisons.
FMCSA seeks comments on autonomous trucks
Have an opinion about autonomous trucks? The feds are all ears. The Federal Motor Carrier Safety Administration Thursday, April 13, announced it will hold a public listening session to solicit information on issues relating to the “design, development, testing, and deployment of highly automated commercial vehicles.”
Trucking Industry Both Skeptical and Wary of Tesla Truck Plans
The trucking industry views plans by Tesla Inc. to develop an electric semi-tractor with a mix of skepticism and trepidation. At first glance, the hurdles the Palo Alto, Calif., automaker must overcome to launch an electric big rig appear huge. There is almost no market for electric trucks now. The highway charging network for heavy-duty […]
AAR Reports Weekly Rail Traffic for the Week Ending April 15, 2017
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 15, 2017. For this week, total U.S. weekly rail traffic was 519,318 carloads and intermodal units, up 3.9 percent compared with the same week last year. Total carloads for the week ending April 15 were 255,485 carloads, up 6.2 […]
New CSX CEO Shakes Up the Railroad, Starting With “Hump Yards”
Barely a month into his job leading CSX Corp., Hunter Harrison is already executing some signature moves from his railroad-turnaround playbook. First among them: doing away with hump yards, longtime fixtures of rail operators where long trains are broken down into individual cars by pushing them over a hill, then letting gravity send them down […]
UP to invest $923.1m in rail infrastructure across five states
The Omaha, Neb.-based Class I railroad’s investment plans stemmed from its $3.1 billion capital plan for 2017. The capital plan was unveiled in February, and since then, the Omaha, Neb.-based Class I railroad said it would invest in Texas, California, Arkansas, Louisiana and Oregon.
Railroads prepare for freight volumes to rise
A freight “tsunami” is sweeping toward Chicago from the Eastern Seaboard, and a proposed train-and-truck facility in suburban Will County could help railroad CSX ride the wave. Logistics and economic development experts predict a rising volume of goods passing through East Coast seaports, thanks to a wider Panama Canal and more shipments coming via the […]