Archive for May, 2016

Truck Cargo Thefts on The Rise

The number of truck cargo thefts in the U.S. increased in the first quarter of the year but the average value of each heist declined, according to a new report from the logistics security services provider FreightWatch International.

Container lines’ costs jump on tougher green fuel rules

Ocean carriers’ operating costs increased by $500 million in 2015 due to tougher fuel emissions regulations for ships sailing in North European and North American waters that came into effect last year, according to the Organisation for Economic Co-operation and Development. (This article requires registration at the Journal of Commerce. To access, please click on […]

More container cargo moving with NVOCCs

Approximately 37.5 percent of imports to the United States were contracted by non-vessel operating common carriers in the first quarter of 2016, according to research firm Datamyne.

U.S. not alone with driver shortage; it’s a global issue

The U.S. is not the only place struggling with a shortage of truck drivers, one which is forecast to only get worse as the years pass and current drivers retire or quit and fewer young drivers enter the profession. A neighbor to the north has the same concern, and so do folks down under. Same […]

Retail Sales Gain Is Fueled by Web

Consumers boosted spending in April to the highest levels in more than a year, accelerating their turn toward online shopping and widening the divide between in-store retailers and Internet outlets pitching lower prices and convenience. (This article requires a subscription to the Wall Street Journal. To access, please click on the above link.)

Oil Hit by Stronger Dollar, Increase in U.S. Crude Stocks

Oil prices are drifting lower Thursday on a stronger dollar and an unexpected increase in U.S. crude inventories. The fall comes after a rally in recent sessions fueled by production outages in Africa and Canada. Production declines across the globe have propelled expectations of shrinking the global oversupply, but many countries are still pumping at […]

Trucking Industry Celebrates a Decade of Clean Diesel Fuel

A truck driver who climbs aboard a new Class 8 tractor and drives 140 miles produces less fine particle emissions than a chef grilling a one-third pound hamburger. This fun fact comes just 10 years after the introduction of ultra-low sulfur diesel fuel for commercial trucks in 2006, according to the Diesel Technology Forum. The […]