Filed in Trucking
Wednesday, June 01, 2011
One week after its single largest weekly drop—of 6.4 cents—in a year, diesel prices headed south for the fourth consecutive week, falling another 4.9 cents to $3.948 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).
Tuesday, May 31, 2011
The Federal Motor Carrier Safety Administration (FMCSA) recently announced that it will not meet its initial goal of publishing a new hours-of-service (HOS) rule—based on changes to the rule it proposed late last year—by its initial deadline of July 26. The primary reason for the delay of the final HOS rule, which has now been pushed back to October 28, is because of four studies issued by FMCSA introduced during the HOS rule comment period that focus on the relationship between fatigue and driver safety.
The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 15.6 percent in March 2011 compared to March 2010 increasing to $80.8 billion.
Friday, May 27, 2011
Proposed changes to truck driver Hours-of-Service (HOS) regulations made by the Federal Motor Carrier Safety Administration (FMCSA) in December have created a potential situation in which the amount of time carriers have to move freight could be significantly curtailed, as well as hinder available trucking capacity.
Wednesday, May 25, 2011
Truck tonnage is continuing its ride on an up and down road, with a slight decline in March, according to the American Trucking Associations (ATA). The ATA’s advance seasonally-adjusted (SA) For-Hire Truck Tonnage index dropped 0.7 percent in April after increasing a revised 1.9 percent (from1.7 percent) gain in March. This index was down 2.7 percent in February and was up 3.8 percent and 2.5 percent, respectively, in January and December.
Even with some signs of economic improvement apparent, capacity in the trucking market remains tight and is likely to remain that way for a while. This is especially true when looking at the possible impact on capacity that may be caused by CSA 2010 by the Federal Motor Carrier Safety Administration (FMCSA).
Tuesday, May 24, 2011
Recent data from TransCore indicated that spot market truck capacity recorded its single highest weekly volume in the last six months. The firm said that truck availability rose 8.0 percent on its DAT Network of load boards, with truck postings for all equipment types seeing gains, including: flatbeds up 8.4 percent; reefer vans up 8.3 percent, and dry vans are up 4.9 percent from the week of May 7 to the week of May 14.
Diesel prices dropped 6.4 cents this week to $3.997 per gallon, according to the Department of Energy’s Energy Information Administration (EIA). This represents the single largest weekly decline since a 7.3 cent dip from the week of May 24, 2010.
Monday, May 23, 2011
While the current fuel situation may not be as dire as it was during the summer of 2008, when prices hit nearly $5 per gallon and $150 per barrel, shippers are bracing for prolonged pain at the pump, according to the results of a recent Logistics Management reader survey of roughly 250 logistics, supply chain, and transportation executives.
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Friday, May 20, 2011
Earlier today, my inbox pointed me to an e-mail from the American Trucking Associations (ATA), which highlighted the fact that the United States freight economy—especially trucking—is poised for liftoff following the depths of the Great Recession. This information is gleaned from the ATA’s U.S. Freight Transportation Forecast to 2022, which was put together by the ATA, IHS Global Insight, and Martin Labbe Associates.