Archive for February, 2019

US Container Imports Still Strong as Tariff Increase Approaches

Imports at the nation’s major retail container ports have dipped since peaks seen last fall but remain at higher-than-usual levels as a possible increase in tariffs on goods from China approaches in March, the National Retail Federation (NRF) and Hackett Associates said. 

Transpacific airfreight rates decline again in January

Airfreight rates on the transpacific trade lane continued to come under pressure in January as contacts say that demand at the start of 2019 has been lacklustre. Figures from Tac Index show that airfreight rates on services from Hong Kong to North America declined by 0.8% year on year to an average of $3.66 per […]

FTR’s Trucking Conditions Index sees significant gain

For December, the most recent month for which data is available, the TCI came in at 11.46, a significant increase over November’s 5.84 and October’s 3.17. FTR said strong sequential volume gains, as well as a favorable fuel environment paced this growth.

Rail Traffic for the Week Ending February 16, 2019

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending February 16, 2019. For this week, total U.S. weekly rail traffic was 523,915 carloads and intermodal units, down 3 percent compared with the same week last year. Total carloads for the week ending February 16 were 250,236 carloads, down 3.9 […]

Railroads look to PTC to shake out more capacity

For the last 10 years, freight railroads and their regulators have emphasized the safety benefits of Positive Train Control (PTC). But with the technology getting closer to being up and running on every freight track mile required by federal mandate, the nation’s big railroads are starting to consider how PTC may help them make better […]

FRA report: All railroads met statutory PTC requirements by 2018’s end

The Federal Railroad Administration (FRA) late last week released a status update regarding railroads’ self-reported progress toward implementing positive train control (PTC) by 2018’s end. All 41 railroads either met the end-of-2018 statutory deadline for full implementation or submitted requests for an extension up to two additional years by demonstrating they met or exceeded certain criteria for an alternative schedule, […]

Auto industry lines up against possible U.S. tariffs

The U.S. auto industry urged President Donald Trump’s administration on Monday not to saddle imported cars and auto parts with steep tariffs, after the U.S. Commerce Department sent a confidential report to the White House late on Sunday with its recommendations for how to proceed.

Ocean Carrier Trends: Containing capacity while remaining poised for growth

Coinciding with the upswing in the world economy two years ago, global seaborne trade is doing well, note analysts for the Geneva-based United Nations Conference on Trade and Development (UNCTAD). They also observe that containerized shipping expanded by 4% in 2018-the fastest growth in five years.