Associations representing truckers and motorists joined the U.S. Chamber of Commerce in asking the new Congress for a federal fuels tax hike to replenish the U.S. Highway Trust Fund before funding runs out May 31.
Congestion and delays at U.S. West Coast ports meant UPS had to scramble to get containerized goods into its inland delivery network and to customers. Higher purchased transportation costs were a factor in lower fourth-quarter earnings.
The U.S. average spot rate for a dry van truck on DAT load boards dropped below $2 per mile last week for the fist time since May, as a slower post-holiday freight season began.
A dramatic drop in U.S. oil and fuel prices is proving a temporary salve for shippers pinched by rising transportation costs. The relief is only be temporary, analysts warn.
Higher rates, better utilization, more drivers and new holiday business meant more revenue and profit for Covenant Transportation in 2014.
UPS is considering "new pricing strategies," including targeted peak-season surcharge prices, after spending $200 million more than expected to deliver packages this holiday season.
Three straight quarters of stronger U.S.
The Teamsters union suffered a pair of setbacks this week in its drive to organize FedEx Freight, the largest U.S. less-than-truckload carrier.
More “solid” and steady U.S. economic growth will increase freight demand and boost shipping costs and domestic transportation rates in 2015, economists and analysts said at the SMC3 JumpStart 2015 conference in Atlanta.
Trucks serving various container terminals on the left bank of the Brazilian port of Santos are expected to see shorter trips thanks to a new 3 million reais ($1.15 million) access road.