Truck tonnage dropped in June, and didn’t climb as much as previously thought in May, as high inventory levels dampened truck demand, according to the American Trucking Association. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
Category Archives: CHEMICAL
Contract truckload rates increased year-over-year and month-to-month in June, as truckload carriers benefited from shipper concerns about capacity, according to Cass Information Systems. (This article requires registration at the Journal of Commerce. To access, please click on the above link)
Freight shipments within the U.S. slowed in June, rising only .02 percent from May, after climbing 2.3 percent that month, according to the latest Cass Freight index. Freight payments by shippers rose 2.4 percent last month, compared with 1.5 percent and 1.6 percent in May and April. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
WASHINGTON (AP) — Parents may hesitate to hand teens the keys to the family car, but Congress is proposing to allow drivers as young as 18 to get behind the wheel of big rigs on the nation’s interstates.
Recently, The Wall Street Journal posted this blog report on takeaways from the Council of Supply Chain Management Professionals’ annual State of Logistics Report.
Moderate second-quarter economic growth in the U.S. is generating demand for transportation workers, from truck drivers to receiving coordinators to warehouse laborers. Employers are having a tough time finding workers willing to take those jobs. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
Mixed messages appeared to be a key theme in the most recent edition of the Cass Freight Index Report from Cass Information Systems.
Norfolk Southern Corp. released its annual sustainability report that details the company’s efforts at improving locomotive fuel economy, reducing greenhouse gas emissions, improving operating safety and customer service, and increasing workforce diversity.
WASHINGTON — Sen. Cory Booker, D-N.J., has introduced a bill that would require drivers to be paid for hours worked rather than by the mile, increase minimum insurance levels, require a ruling mandating crash avoidance technology and mandate speed limiters.
In the best year for the freight transportation industry since the Great Recession, logistics managers chalk up efficiencies that drive further U.S. economic growth. However, capacity issues persist, causing shippers to worry about rate hikes as carriers continue to be meticulous in their partnerships.