Tuesday, December 16, 2014
The Highway Trust Fund is irretrievably broken and should be eliminated in favor of a new system of revenue streams or by dedicating a portion of the federal income tax to pay for transportation. That’s the conclusion of a new multi-year report by the Eno Foundation, an influential Washington transportation think tank. The report, released in early December, was funded by the Rockefeller Foundation.
Monday, December 15, 2014
The biggest issue for transport in 2015 is funding for Interstate highways. That current funding will expire in May after a stop-gap nine-month continuing resolution expires. Whether the new Congress has the gumption to tackle the sticky problem of how to pay for much-needed highway and bridge reconstruction is an open question, however.
Trucking sector warmly endorses move to suspend two consecutive 1 a.m.-5 a.m.rest periods during 34-hour restart period.
Posted on 12/15 at 10:04 AM
Friday, December 12, 2014
The most recent edition of the Trucking Conditions Index from freight transportation forecasting firm FTR continue to echo the ongoing theme that current market conditions continue to support carriers.
Posted on 12/12 at 11:23 AM
Non asset-based third-party logistics (3PL) services provider Transplace recently announced it has expanded its Canadian division operations, opening up new locations in Calgary and the Greater Montreal area.
Posted on 12/12 at 10:27 AM
Carloads were up 11.7 percent compared to the same timeframe a year ago at 311,955, and intermodal was up 2.1 percent at 268,153 container and trailers.
Posted on 12/12 at 02:39 AM
Thursday, December 11, 2014
Commerce reported that November retail sales at $449.3 billion were up 0.7 percent compared to October and up 5.1 percent compared to November 2013, and the NRF said that November retail sales, which exclude automobiles, gas stations, and restaurants, were up 0.6 percent seasonally-adjusted month-to-month over October and increased 3.2 percent annually on an unadjusted basis.
Full service 3PL and non asset-based 3PL services provider Pilot Freight Services recently announced it will open new stations on Mexico City, Mexico and Vancouver, British Columbia during the first quarter of 2015.
For October, the most recent month for which data is available, the Freight TSI hit 121.8, topping September’s 121.4, which was downwardly revised from 121.5.
Posted on 12/11 at 09:31 AM
Freight TSI •
Wednesday, December 10, 2014
A one-year suspension of certain components of the federal motor carriers hours-of-service (HOS) rule was included as part of a $1.1 trillion fiscal year 2015 appropriations bill introduced yesterday by the House of Representatives.
Posted on 12/10 at 02:20 PM