December 6, 2013
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.
December 5, 2013
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.
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.
December 4, 2013
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.
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.
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.
December 3, 2013
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.
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.
December 1, 2013
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.
November 25, 2013
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.
November 21, 2013
The Long Beach Board of Harbor Commissioners this week unanimously repealed a cargo fee that has been on the Southern California seaport’s books since 2008 but implementation was delayed repeatedly and the fee was never collected.
November 20, 2013
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
It notes year after year the holiday shipping season shows an increase in cargo theft risks for transportation companies, shippers and manufacturers.
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.
November 18, 2013
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.
November 7, 2013
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%.
November 6, 2013
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%.
October 28, 2013
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.
October 23, 2013
The logistics security services company, FreightWatch International, reports in the third quarter of the year it recorded a total of 231 thefts in the United States, the same amount as a year ago, but the value of each theft averaged less.
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.
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