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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.
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The Long Beach Board of Harbor Commissioners this week unanimously repealed a cargo fee that has been on the Southern California seaport’s books since 2008 but implementation was delayed repeatedly and the fee was never collected.
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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.
Read More →It notes year after year the holiday shipping season shows an increase in cargo theft risks for transportation companies, shippers and manufacturers.
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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
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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.
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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%.
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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%.
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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.
Read More →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.
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