Driver turnover rates in the third quarter followed the second quarter’s lead, with things heading up again, according to data issued this week by the American Trucking Associations (ATA).
Nearly a year into President Trump’s term, NAFTA remains intact, but it also comes with various uncertainties as the United States and its NAFTA trade partners, Mexico and Canada, continue negotiations with the future of the trade pact at stake, to be sure.
The joint interline service formally rolled out in October by Class I railroad carriers CN and Norfolk Southern appears to be off to a good start so far. That was the word from CN Executive Vice President and Chief Marketing Officer Jean-Jacques Ruest at last week’s RailTrends conference.
It is no secret that the short line railroad sector would benefit greatly for a tax credit, known in railroad circles as 45G, to become permanent. But there is a question of if that will happen in Congress.
After the strong upwards correction of freight rates witnessed in global ocean container transportation during 2017, the question now is whether the trend will continue for another year or whether rates will stabilize.
An otherwise stable outlook for U.S. transportation infrastructure next year will be clouded somewhat by questions surrounding tax reform, according to Fitch Ratings in its 2018 outlook report.
The Department of Energy’s Energy Information Administration (EIA) reported this week that the average price per gallon of diesel gasoline dipped 0.4 cents to $2.922 per gallon.
The index ISM uses to measure non-manufacturing growth—known as the NMI––fell 2.7% to 57.4 1 (a reading above 50 indicates growth) in November. This follows October’s 60.1, which is the highest reading since the report’s inception in 2008, as well as the highest reading compared to pre-2008 composite index calculations, with an August 2005 high…Details
Energy and logistics analysts are telling shippers to expect higher rates in every mode of transport.
The Logistics Management editors have hand picked the most influential news stories impacting the market in 2017. Most Read Logistics Stories 2017. Logistics News 2017, Supply Chain Top Stories 2017