Archive for December, 2018

2018 Diesel Prices Stay Consistent Around $3 a Gallon

Diesel powers trucking, and as diesel prices fluctuate they can provide boons or headaches for the industry. In 2018, a variety of factors pushed the price of trucking’s main fuel up and down, including capacity crunches, severe weather catastrophes and geopolitical events.

U.S. Durable Goods Orders Up 0.8%, Led by Defense Spending

Orders to U.S. factories for long-lasting goods rose at a modest pace last month, but the gain was driven entirely by demand for military aircraft. Excluding transportation equipment, orders fell. Durable goods orders impact the trucking industry because trucks transport most of the goods once they are produced.

Peak season offers only modest air freight boost in November first look

Hopes last month for a rebound in peak season may have dimmed, as October’s decline in year-over-year air cargo traffic seems to have extended into November. Outliers to this trend include, again, Turkish Airlines, Air China, and China Southern Airlines. Most carriers and airports, however, do show continued positive year-to-date traffic compared to the same […]

Freight Transportation Profits, Prospers

Without a doubt, 2018 was a banner year for trucking and almost every other form of freight transportation. Spurred in part by a cut in corporate taxes, business investment took off, hiring picked up and freight volume soared with both domestic and international shipments sharing in the bounty.

DOT Preempts California Meal and Rest Break Rules, Citing Impact on Interstate Commerce

Trucking’s Hail Mary Pass to make federal hours-of-service laws fully the law of the land, both theoretically and practically, has been successfully completed. The Federal Motor Carrier Safety Administration announced on Dec. 21 that it is granting petitions to preempt the State of California’s meal and rest break rules for truck drivers, which differ from current […]

Top 10 Trucking News Stories of the Year

2018 was a year of new technologies and new regulations for the trucking industry and our 10 most popular news stories of the year covered the gamut. From potential hours of service changes to the legalization of marijuana to global trade deals, we covered it all to keep our readers informed throughout the year.

What the government shutdown means for rail

The effects of the partial shutdown of the federal government on the rail community appear not to be significant, at least for now. The action comes as President Trump and the Republican-controlled Congress remain locked in a budget dispute over funding for a wall along the U.S. border with Mexico.

Sectors Surge in Second Half

A deeper dive into trucking data showed a big year for the industry across three specific sectors, particularly after July. The numbers also portend glad tidings for 2019.

U.S. holiday shopping season best in six years: report

Sales during the U.S. holiday shopping season rose 5.1 percent to over $850 billion in 2018, the strongest in the past six years, according to a Mastercard report, as shoppers were encouraged by a robust economy and early discounts.