Some shippers may consider “collaboration” a buzzword that’s been stale since the 1990s, but it’s slipping off their lips more and more often. Concern about future truck capacity coupled with more complex demands from customers are pushing US shippers to make transportation suppliers partners.That’s tough for those companies that pressed transport operators for deep cuts […]
Archive for April, 2017
Global average airfreight rates increased in March against a year ago as aircraft cargo utilisation has improved. The latest figures from Drewry’s Sea and Air Shipper Insight report show that average ‘all-in’ airfreight rates across 21 major east-west trade lanes increased by 7.9% year on year in March to reach $2.84 per kg. Prices were […]
With no end in sight to the burgeoning growth of global e-commerce, the worldwide growth in narrowbody freighters is anticipated to reach 1,178 aircraft by 2036, up from just 656 narrowbody freighters at the end of 2016, according to the 20-year “Freighter Forecast for 2017 – 2036,” released today at the sixth-annual Cargo Facts Asia […]
Tesla Inc. has two passenger cars in the auto market and at least three near production or under development. So why does its Chief Executive Elon Musk want to get into heavy-duty trucking? Investment house Morgan Stanley Research published an extensive report on Tesla’s nascent trucking venture Thursday and the answer is pretty simple – […]
Intermodal pricing increased 4.8 percent for the month compared with the same 2016 period, just the six year-over-year increase since December 2014 and the second largest since January 2012, according to the latest Cass Intermodal Price Index.
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 22, 2017. For this week, total U.S. weekly rail traffic was 515,131 carloads and intermodal units, up 4.7 percent compared with the same week last year. Total carloads for the week ending April 22 were 257,283 carloads, up 11.6 […]
The roll-on, roll-off shipping business is riding a wave, with rising cargo volumes delivering increasing profits despite the fragile economic situation in its core European market. The industry took “a big step forward” in 2016, building on the previous 12 months of stabilization and recovery, according to Pris-based ship broker and consulting firm Barry Rogliano […]
A turnover survey of women truck drivers has found that dissatisfaction with tractors topped a list of reasons why they leave a motor carrier. That’s according to an annual survey conducted by Stay Metrics. Women make up only 6% of the truck driver population, according to the Department of Labor, and it is a segment […]
In a time dominated by smart technology and automation being applied across the board, from industrial production to our homes and smart phones, we are witnessing an advancement of this technology in the marine sector as well aimed at making even ships autonomous.
Four senators from New York and New Jersey are calling on U.S. Transportation Secretary Elaine Chao to visit aging rail and transit infrastructure in their states to see the “urgent need” for federal investment.