SEATTLE — The Department of Transportation this past weekend introduced a National Freight Strategic Plan that showed a number of challenges in the coming years including 70 million more people in the next 30 years; a 40 percent increase in freight volume by 2040; increasingly larger vessels and more containers at our ports; a tripling of air freight and a doubling of multimodal shipments and volumes of imports/exports.
Category Archives: CHEMICAL
There will be a shortage of nearly 50,000 truckers in the United States by the end of this year, according a new report by the American Trucking Associations (ATA). That’s up from a shortage of 30,000 drivers just two years ago, and 20,000 drivers a decade ago.
A recovering U.S. economy is driving record demand for trucking. But many smaller operators, who make up the vast majority of the roughly 470,000 for-hire fleets on the road today, say they’re missing out on the boom. (This article requires a subscription with The Wall Street Journal. To access, please click on the above link.)
A new trucking advocacy group is trying to buff up and modernize the image of the 7 million Americans involving in the domestic trucking industry.
Rising equipment costs and driver wages led to an increase in operational costs in 2014, according to a comprehensive report from the American Transportation Research Institute.
WASHINGTON, D.C. – Sep. 23, 2015 – The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending Sep. 19, 2015. For this week, total U.S. weekly rail traffic was 566,734 carloads and intermodal units, down 2.5 percent compared with the same week last year.
On news of slightly decreased U.S. oil supplies Tuesday oil prices rose, with Brent crude up 55 cents to $47.89 a barrel after sinking 2.5 percent Monday. U.S. light crude was up 45 cents to $44.88.
The value of U.S.-NAFTA freight totaled $93.0 billion in July 2015 as all modes except air carried less freight than in July 2014, according to the TransBorder Freight Data released today by the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS
Consumer confidence unexpectedly rose in September as a resilient labor market helped American shake off the effects of tumbling stock prices.
Truckload rates increased 3.7 percent in August 2015 compared to August 2014 following year-over-year increases of 3.6 percent in June and July, according to the latest Cass Truckload Linehaul Index.