Investor expectations continue to influence supply chain decision-making
April 17, 2024
More shareholders are expecting supply chains to become resilient to protect the bottom line.
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The Next Big Steps in Supply Chain Digitalization
April 16, 2024
Technology continues to advance and new developments are building on the foundation that is now in place in many supply chains. Here are five of the most significant advances shaping the next wave of digitalization.
Under-21 driver pilot program a bust with fleets as FMCSA seeks changes
April 16, 2024
The FMSCA says only 113 motor carriers have applied for its under-21 truck driver apprenticeship program since July 2022. That is a very disappointing turnout for an initiative that the government had expected to recruit up to 1,000 carriers and 3,000 drivers.
Diesel back over $4 a gallon; Mideast tensions, other worries cited
April 15, 2024
Diesel prices are back over $4 a gallon, according to the U.S. Energy Information Administration’s (EIA) weekly, on-highway survey of prices at 73,000 service stations and 9,500 truck stops around the country. Average diesel prices rose by 6.5 cents, increasing to $4.06 per gallon as of Monday, April 8. The Western states of Arizona, Nevada, Oregon and Washington saw the highest average price increase for the period, rising 11 cents to $4.26 per gallon.
Four U.S. railroads file challenges against FRA’s two-person crew mandate, says report
April 12, 2024
Following the issuing of a final rule by the United States Department of Transportation’s Federal Railroad Administration (FRA) earlier this month, establishing establishes minimum safety requirements for train crew sizes, with the new rule requiring a second crew member on all trains, four U.S.-based railroads are calling on federal appeals courts to toss out the rule, calling it “arbitrary, capricious, and an illegal abuse of discretion,” according to an Associated Press report.
XPO opens up three new services acquired through auction of Yellow’s properties and assets
April 12, 2024
XPO opened up three of the 28 service center locations it acquired through an early December court-supervised auction, in which a dozen trucking companies bought properties that resold about three-fourths of Yellow’s properties for a total of just under $1.9 billion.
FTR’s Trucking Conditions Index weakens, due to fuel price gains
April 12, 2024
For February, the most recent month for which data is available, the TCI reading came in a -5.31, down from January’s -1.41, which was ahead of December’s -4.3.
U.S. rail carload and intermodal volumes are mixed, for week ending April 6, reports AAR
April 12, 2024
Rail carloads, at 209,142, were off 4.5% annually, and intermodal containers and trailers, at 241,000 units, increased 7.6% annually.
