After some two years, rules governing truckers’ use of a 34-hour restart have been settled by a report issued by the Department of Transportation. The new study confirms that truckers’ 34-hour restarts will not require two 1 a.m. to 5 a.m. periods and will not be limited to once per week.
Net orders for North American Class 8 trucks totaled 22,900 units in February 2017, up 5 percent from the previous month and 28 percent from the previous year, according to freight transportation analyst FTR.
Help wanted: America needs truck drivers. In 2015, American Trucking Associations estimated that for-hire trucking companies had nearly 50,000 fewer drivers than they needed. The shortage was less severe in 2016, but the trade group expects it to worsen in coming years. (This article requires a subscription to the Wall Street Journal. To subscribe, please […]
As we roll into 2017, it’s clear that the $36 billion less-than-truckload (LTL) sector is enjoying a financial renaissance as carriers continue their new-found pricing discipline and resist the urge to expand capacity beyond fulfilling immediate shipper needs.
The Association of American Railroads (AAR) today reported weekly U.S. rail traffic, as well as volumes for February 2017. Carload traffic in February totaled 1,044,040 carloads, up 6.7 percent or 65,141 carloads from February 2016. U.S. railroads also originated 1,068,439 containers and trailers in February 2017, up 1.8 percent or 19,350 units from the same […]
The International Air Cargo Association’s (TIACA) Shippers’ Advisory Committee (SAC) said in a new position paper that change is needed, and all sectors of the air cargo supply chain industry must collaborate to drive the adoption of new technology and greater transparency.
The global air cargo rally continued into 2017, with traffic rising 6.9 percent year-over-year in January on strong growth in Europe and the Middle East, according to the International Air Transport Association. While this was down from the 10 percent growth in December, it is still well above the average annual growth rate of 3 […]
The US Federal Maritime Commission (FMC) has voted to amend its rules involving Service Contracts and NVOCC Service Arrangements (NSAs) in order to ease regulatory burdens and make the agency’s rules more consistent with how the ocean shipping business is now practiced.
A bipartisan bill titled Energizing American Maritime Act was introduced last week to the US Congress requiring up to 30 percent of US liquefied natural gas (LNG) exports to be carried on US-flagged ships.
In a move that could have profound implications for supply chain efficiency and visibility, IBM and Maersk have used a blockchain to manage cargo documentation for ocean freight shipments. The two companies have announced a “new collaboration to use blockchain technology to help transform the global, cross-border supply chain”. Using IBM’s open source Hyperledger, the […]
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