Archive for December, 2019

US Economy Grew at Moderate 2.1% Annual Rate Last Quarter

The U.S. economy grew at a moderate 2.1% rate over the summer, slightly faster than first estimated. But many economists say they think growth is slowing sharply in the current quarter. The Commerce Department says the July-September growth rate in the gross domestic product, the economy’s total output of goods and services, slightly exceeded its […]

Brexit explained: What US shippers need to know

Brits head to the polls next week (Dec. 12) in a general election which should bring more clarity to the endless Brexit saga ahead of the U.K.’s scheduled departure from the European Union (EU) at the end of January. In an exclusive interview with FreightWaves, U.K.-based Andy Cliff, managing director of freight and international logistics […]

Analysis: US Railroad System Is Great for Freight

In most of the world’s affluent countries, railroads either were built by the government or eventually claimed by it. Beset by growing losses due to high labor costs, bureaucratic inefficiency and the rise of automobiles and airplanes, those governments began reforming their rail systems in 1980s and 1990s with a mix of privatization, competition and […]

CVSA confirms hard enforcement of ELD transition

Taking its cue from federal regulators, the Commercial Vehicle Safety Alliance (CVSA) confirmed it will begin fully enforcing the electronic logging device (ELD) rule on Dec. 17, with no “soft enforcement” grace period. The Federal Motor Carrier Safety Administration (FMCSA) previously has stated there will be no grace period allowed for carriers that have been […]

2020: Future of Manufacturing Technology

Technology is an ever-evolving field, constantly mixing in new iterations and innovations to create exciting new opportunities for today’s manufacturers to reimagine their operations. In some instances, new technologies open the door for progressive manufacturers release truly innovative offerings of their own.

Cyber Monday 2019 By The Numbers: A Record $9.4 Billion Haul

With the busy holiday shopping season well under way, Cyber Monday raked in a new record of more than $9 billion in sales, marking the first day in history when consumers spent over $3 billion using their smartphones, the latest report from Adobe Analytics shows. Total sales hit $9.4 billion—up nearly 19% from a $7.9 billion […]