December 6, 2013 - Industry News
UPDATED -- Nearly 10% of the nation’s freight brokers no longer have their licenses following new federal regulations that took effect requiring a higher bonding amount, while another source says the number is even higher.
Tags: FMCSA, ATA, TIA, OOIDA, Freight, Brokers, AIPBA
December 5, 2013 - Industry News
Two container shipping companies have acknowledged they are in talks about a possible merger that would create the world’s fourth largest such shipping fleet.
Tags: Intermodal, Freight, Ports, Port Trucking
Border crossings into the U.S. from Canada and Mexico in 2012 included 10.7 million truck crossings, along with with personal vehicles entering the U.S. nearly 96 million times (33.1 million from Canada, and 62.7 million from Mexico.) The stats also include 320,000 buses and 37,000 trains.
Tags: Canada, Economy, Cross-Border Trucking, Mexico, Surface Trade, Freight
December 4, 2013 - Industry News
Freight rates have posted their first across the board increases for the first time in several weeks on one of the nation’s largest spot markets.
Tags: Freight, Spot Freight, DAT Transcore
The U.S. Department of Transportation’s Maritime Administration recently released a study on shipping patterns and industry costs that will help the United States prepare for the anticipated impact on its ports, waterways and intermodal freight systems from the Panama Canal expansion.
Tags: Intermodal, Freight, Panama Canal, Port Trucking
Union Pacific Railroad recently introduced a new intermodal service offering between Chicago and Monterrey, Mexico, giving companies another option to move goods across the border six days a week.
Tags: Intermodal, Freight
December 3, 2013 - Industry News
A woman has pleaded guilty to charges in U.S. District Court in Macon, Ga., for her involvement in a double-brokering freight scam. On Nov. 20, Pauline Robinson-Kirkland, of Donalsonville, Ga., admitted to mail fraud. She was indicted in July 2012.
Tags: Freight, Brokers, Fraud
Less-than-truckload carrier Old Dominion Freight Line on Tuesday updated its expectations for growth in tons per day and revenue per hundredweight for the fourth quarter of this year, saying it now expects a larger increase in tons per day.
Tags: Old Dominion Freight Line, Fleets, Freight, Fleet Financials, LTL
December 1, 2013 - Industry News
The amount of freight on the spot market has jumped considerably over the last week, but rates have improved little, according to freight matching service provider DAT's latest numbers.
Tags: Freight, Spot Freight, DAT Transcore, Spot Rates
November 25, 2013 - Industry News
A new report from the logistics security services provider, FreightWatch International, shows it recorded a total of 212 cargo thefts in the United States in August through September, with 76 thefts in August, 84 in September and 52 in October.
Tags: Freight, Cargo Theft, FreightWatch
November 21, 2013 - Industry News
The Long Beach Board of Harbor Commissioners this week unanimously repealed a cargo fee that has been on the Southern California seaport’s books since 2008 but implementation was delayed repeatedly and the fee was never collected.
Tags: Port of Los Angeles, California, Port of Long Beach, Freight, Port Trucking
November 20, 2013 - Industry News
While there was more freight to haul over the past week on the spot market, freight rates moved little, according to the freight matching service provider DAT
Tags: Freight, DAT, Spot Freight
It notes year after year the holiday shipping season shows an increase in cargo theft risks for transportation companies, shippers and manufacturers.
Tags: Security, Freight, Cargo Theft, FreightWatch
Despite a partial government shut down last month, resulting in hundreds of thousands of people being out of work and with no paychecks, retail sales in the U.S. unexpectedly increased.
Tags: Economy, Retail Sales, Freight, Consumer Prices, Home Sales
November 18, 2013 - Industry News
The U.S. Department of Transportation proposed a series of key highways to serve as a highway Primary Freight Network, as required by the Moving Ahead for Progress in the 21st Century Act. The notice appeared in today’s Federal Register.
Tags: DOT, FHWA, MAP-21, Freight
November 7, 2013 - Industry News
Trucking, which carries three-fifths of U.S.-NAFTA trade, rose 0.7% while rail rose 3%. Vessel declined 2.6% and air 2.4%.
Tags: NAFTA, Freight, BTS, Cross-Border Trucking
November 6, 2013 - Industry News
Total spot market loads available to haul increased 4.9% Oct. 27 through Nov. 2 compared to the previous seven days, while spot market capacity fell 2.3%.
Tags: Freight, Owner-Operators, Spot Freight, DAT Transcore
October 28, 2013 - Industry News
Industrial production in the United States increased in September, posting its biggest gain in seven months. This follows a report Friday showing shipments of manufactured durable goods hit their highest level on record going back to 1992 -- but consumer confidence took a nosedive.
Tags: Economy, Freight, Industrial Production, Durable Goods, Consumer Sentiment
October 23, 2013 - Industry News
While national average rates for vans and refrigerated rates dipped slightly, spot market capacity and demand on the DAT network of load boards remained seasonally elevated during the week ending Oct. 19.
Tags: Freight, Owner-Operators, DAT, Spot Freight
The suit by small property brokers against new bond requirements is back in motion after a federal magistrate lifted a stay, clearing the way for legal arguments over moving the matter to federal appeals court.
Tags: FMCSA, Congress, Freight, Owner-Operators, Brokers, Litigation
October 22, 2013 - Industry News
The American Trucking Associations just released For-Hire Truck Tonnage Index increased 1.4% in September from the month before, matching the August gain.
Tags: ATA, Freight, Truck Tonnage
October 18, 2013 - Industry News
Activity at the Port of Baltimore started returning to normal Friday afternoon after an arbitrator's ruling put striking workers back on the job. An arbitrator ruled Friday afternoon the strike by the ILA violated a “no-strike” clause in a national master contract the union signed off on earlier in the year.
Tags: Intermodal, Freight, Ports, Strikes
October 16, 2013 - Industry News
Several media outlets Wednesday morning reported operations at the Port of Baltimore have been shut down due to a strike by members of the International Longshoremen’s Association.
Tags: Freight, Ports, Strikes, Intermodal
October 11, 2013 - Industry News
FTR's Trucking Conditions Index reading of 9.52 in August is a full point improvement from the July reading.
Tags: FMCSA, HOS, FTR, TCI, Freight
October 10, 2013 - Industry News
Freight costs continued to rise in September, showing the largest month-to-month increase since March, but it's not due to a raise in rates. Meanwhile, North American shipment volumes also rose for the second month in a row, according to the Cass Freight Index.
Tags: Economy, Freight, Cass Freight Index
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