Diesel prices head up for third week in a row, reports EIA

The average price per gallon for diesel gasoline headed up for the third week in a row, according to data issued by the Department of Energy’s Energy Information Administration (EIA).

OECD Leading Indicators Point to Slowing Global Growth

The global economy is set to slow over coming months, with growth weakening in most developed economies even as it stabilizes in China, according to leading indicators released Tuesday by the Organization for Economic Cooperation and Development.
(This article requires a subscription to the Wall Street Journal. To access, please click on the above link.)

Proposed entry level training rule includes 30 hours behind the wheel

The Federal Motor Carrier Safety Administration is set to publish today, March 8, a proposed rule that, if made final, would implement a required core training curriculum for prospective truckers before they receive their CDL. The curriculum notably includes at least 30 hours of behind-the-wheel training before being issued a CDL.

Decline in China exports accelerates in February

China’s exports tumbled 25.4 percent year-over-year in February and imports fell 13.8 percent as the country’s trade slowdown accelerated, catching some analysts by surprise.
(This article requires registration at the Journal of Commerce. To access, please click on the above link.)

FMCSA Redefining “High Risk” Motor Carrier

The Federal Motor Carrier Safety Administration is adopting a new “High Risk” motor carrier definition along with investigative procedural changes aimed at enabling investigators “to take more immediate action against carriers with the highest crash risk.”

AAR reports mixed volumes for February 2016

The Association of American Railroads (AAR) reported this week that United States rail carload and intermodal volumes for the month of February were mixed on an annual basis.

The CMA CGM Group commits huge new fleet to the Transpacific

The six 18,000 TEU vessels named after the Great Explorers will be deployed on the trans-Pacific market, the most dynamic one, to accelerate its growth

Consumer spending in U.S. continues to be strong

Speaking at the TPM Conference in Long Beach this week, an economist noted that consumer spending was extremely strong in January, but even over a three month period consumer spending has been strong.

Intermodal service improves, but shippers say problems remain

Intermodal service may have improved last year, but for some shippers, those improvements aren’t enough.
(This article requires registration at the Journal of Commerce. To access, please click on the above link.)

FedEx joins UPS in opposing potential CP-NS merger

FedEx, the largest less-than-truckload carrier in North America and the second-largest trucking operator in the U.S., has joined the league of logistics movers and shakers, including rival UPS, opposed to a proposed Canadian Pacific-Norfolk Southern railway merger.
(This article requires registration at the Journal of Commerce. To access, please click on the above link.)