Winter weather tests US intermodal rail service recovery

Just as Class I railroads announce service has finally recovered to 2013 levels, harsh winter weather is testing their improved train speeds and dwell times. A winter storm swept across the U.S. Midwest and Northeast early this week, blizzard-like wind and snow creating near white-out conditions Tuesday.
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Rate Outlook 2016: Global ripple effect

Trade and transport analysts see a negative market outlook worsen, though some contend that this trend could be reversed later in the year. Meanwhile, logistics managers should brace for a volatile period of rate fluctuation.

Nation’s Truckers Enjoy an Average 3.4-cent Drop in Diesel Prices

Diesel fuel prices dropping nearly 6 cents a gallon in the Rocky Mountain states last week, and with smaller declines seen in all of the other regions of the nation, plenty of smiles could be seen on truck drivers’ faces at truck stops throughout the U.S.

The average per-gallon price for a gallon of diesel fuel dropped 3.4 cents to $2.177, a figure that is more than 87 cents per gallon less expensive than a year ago last week.

Intermodal Shipments Post Surprising Third Quarter Surge

Despite month-to-month variations, third quarter intermodal freight traffic growth of 3.4% was in line with year-to-date results, according to new figures from the Intermodal Association of North America (IANA).

Railroad Technology Credited With Saving Millions in Fuel, Reducing Emissions

GE has delivered more than 500 Evolution Series Tier 4 compliant locomotives to North American customers along with its auto-pilot controls system for railroads called Trip Optimizer. The technology being developed by GE Transportation helps the rail industry optimize networks, minimize downtime and reduce operating costs, the company says.

SMC3 expands offerings with acquisition of Transportation Costing Group

Less-than-truckload and transit technology services provider SMC3 said it has acquired Transportation Costing Group (TCG), a provider of activity-based cost modeling software and other profitability management tools for LTL and truckload shippers.

DOT releases freight plan calling for local road funding, ‘accelerated technologies,’ expediting projects

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.

Truck drivers wanted. Pay: $73,000

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.

Trucking Makes a Comeback, but Small Operators Miss Out

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.)

New trucking initiative seeks to polish industry’s image to nation

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.