Current news, information and trends in the commercial motor freight industry covering trucking, freight lines and carriers, logistics and classification.
Posted 11/16 · 05:00 AM · LM Editorial
A confluence of positive economic events is causing trucking industry officials and economists to predict tighter trucking capacity perhaps as soon as the second quarter of 2011, experts are saying. The effects will be most noticeable in the $290 billion truckload sector, which has more severe capacity restraints on drivers and equipment than the $26.5 billion LTL sector, which still has overcapacity stemming from the last recession.
Posted 11/15 · 10:37 AM · LM Editorial
Four organizations have signed a letter of intent committing to work towards the formation of an industry advisory group to ensure the air cargo industry has a strong, unified voice in its dealings with worldwide regulatory authorities and other bodies.
Posted 11/15 · 05:00 AM · LM Editorial
The trucking industry could lose significant capacity as more drivers are facing disqualification as the federal government initiates tough safety standards in December and truly rolls them out during 2011. That’s because the federal government is poised to launch the toughest safety crackdown on the estimated 3 million long-haul truck drivers and 800,000 carriers in the history of the industry.
Posted 11/11 · 07:13 PM · LM Editorial
A.P. Moller-Maersk has indicated that ocean cargo rates are not only firming up, but will remain robust in the coming year
Posted 11/11 · 05:22 AM · LM Editorial
While unemployment remained high and foreclosures were on the rise, California’s exporters turned in another strong performance in September.
Posted 11/10 · 04:26 PM · LM Editorial
In a move that was widely anticipated, the European Commission imposed heavy fines on eleven air cargo carriers today for price fixing
Posted 11/10 · 11:53 AM · LM Editorial
Tech-savvy private fleet operators are able to justify the cost of their complex operations through high service levels, smart maintenance programs, and revenue generating backhaul opportunities that can make even the toughest CFO smile.
Posted 11/09 · 04:14 PM · LM Editorial
Law 154, which imposes a discriminatory tax on multinational companies operating in Puerto Rico, may pose serious consequences for shippers, said The National Association of Manufacturers
Posted 11/08 · 10:36 AM · LM Editorial
In an effort to involve more air cargo players in the “security dialogue,” the National Industrial Transportation League has invited some key players to participate in its annual conference next week.
Posted 11/01 · 12:00 PM · LM Editorial
Following two straight months of growth, the October edition of the Cass Information Systems Freight Index fell in October.