The Senate on May 23 easily passed a two-month extension of highway funding authority, sending the measure to the president for his signature.
Iraq Set to Flood Oil Market to Further Undercut US Shale
Iraq is taking OPEC’s strategy to defend its share of the global oil market to a new level.
Truck traffic rises at top US border crossings
The number of tractor-trailers that passed through the top five U.S. border crossings rose 2.4 percent in the first quarter, compared with a 4.1 percent increase a year ago, according to data from the U.S. Bureau of Transportation Statistics. (This article requires registration at the Journal of Commerce. To access, please click on the above […]
Today’s Top Supply Chain and Logistics News From WSJ
Americans stepped up their borrowing in March, as the WSJ’s Eric Morath reports, but the question remains whether the consumers who make figure so prominently in the global economy will start buying in big numbers after taking a break from stores in the first quarter. For planners of retail supply chains, a major part of […]
Annual US trucking revenue tops $700 billion for first time
U.S. trucking companies of all types generated a combined $700.4 billion in revenue last year, fueled by economic growth that led to higher freight demand and higher rates. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
Big data helps shipping lines cut fuel bills and emissions
By focusing on operational improvements, shipping companies are reducing fuel consumption, saving money and cutting greenhouse emissions, while continuing to increase the amount of freight transported.
Trailer orders maxed out for 2015
Original Equipment Manufacturers of trailers have their hands full for the remainder of 2015, according to reports released by both ACT Research and FTR Associates.
Good Growth Predicted for Chemical Industry Throughout 2015
The recovery momentum for the chemical industry is expected to continue this year, backed by a strengthening U.S. economy, strength in the automotive space, healthy demand in emerging geographies and gradually convalescing construction markets.
Truckers Strike Against Four Southern California Fleets
Several hundred truck drivers at the ports of Los Angeles and Long Beach began a strike against four fleets, including two controlled by XPO Logistics, but there were no reports of interrupted cargo flow on the docks at the nation’s two largest ports.
Durable Goods Demand Up 4% in March
Orders for business equipment unexpectedly fell in March for a seventh consecutive month, a sign business investment will remain sluggish. But demand for all durable goods — items meant to last at least three years — rose 4% on aircraft and autos.