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.
Category Archives: FOOD & BEVERAGE
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.
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.
The U.S. Government Accountability Office (GAO) said in a report issued Friday that cargo preference for food aid (CPFA) requirements increased the overall cost of shipping food aid by an average of 23 percent between April 2011 through fiscal year 2014, or $107 million over what the cost would have been had had cargo preference for food aid requirements not been in place.
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.
Certain shippers tapping southbound U.S. – Mexico intermodal services offered by Schneider National won’t have to wait on protracted clearance processes at the border, thanks to new streamlined customs processes announced Tuesday. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
Demand for freight transportation is expected to rise sharply in the coming decades. The Federal Highway Administration estimates total U.S. freight shipments will rise to 28.5 billion tons in 2040 — a 45 percent increase from 20121. As demand grows, intermodal rail will play a critical role in the current and future freight transportation landscape.
In reporting weekly U.S. rail traffic as well as volumes for August 2015 and the first eight months of 2015, the Association of American Railroads said that traffic is beginning to show some signs of growth.
Many executives are attracted to the potential cost savings of moving production closer to the end market. But concerns about safety, security, and the availability of skilled labor in these locations are giving some pause