SEATTLE — The Department of Transportation this past weekend introduced a National Freight Strategic Plan that showed a number of challenges in the coming years including 70 million more people in the next 30 years; a 40 percent increase in freight volume by 2040; increasingly larger vessels and more containers at our ports; a tripling […]
Archive for October, 2015
UPS Inc. announced rate increases of 4.9% on average for the majority of its business, citing higher costs and other factors.
Less-than-truckload and transit technology services provider SMC3 said it has acquired Transportation Costing Group (TCG), a provider of activity-based cost modeling software and other profitability management tools for LTL and truckload shippers.
GE has delivered more than 500 Evolution Series Tier 4 compliant locomotives to North American customers along with its auto-pilot controls system for railroads called Trip Optimizer. The technology being developed by GE Transportation helps the rail industry optimize networks, minimize downtime and reduce operating costs, the company says.
FedEx Corp. FDX -0.07 % is raising its fuel surcharge for the second time this year, jolting e-commerce companies, retailers and other shippers with price increases just as they gear up for the make-or-break holiday sales season. (This article required a subscription with The Wall Street Journal. To access, please click on the above link.)
There will be a shortage of nearly 50,000 truckers in the United States by the end of this year, according a new report by the American Trucking Associations (ATA). That’s up from a shortage of 30,000 drivers just two years ago, and 20,000 drivers a decade ago.
A recovering U.S. economy is driving record demand for trucking. But many smaller operators, who make up the vast majority of the roughly 470,000 for-hire fleets on the road today, say they’re missing out on the boom. (This article requires a subscription with The Wall Street Journal. To access, please click on the above link.)