Terminal operators and equipment managers on the West Coast intend to form a discussion agreement that will allow them to work with industry stakeholders such as shipping lines, motor carriers and railroads to reduce congestion and improve cargo velocity.
The recent plunge in U.S. diesel fuel prices is mixed news for less-than-truckload carriers, who are spending less at the pump but getting less in fuel surcharges.
Hefty increases in truck driver wages will propel truckload rates higher in 2015 and beyond, potentially pushing pricing up by double digits, a transportation analyst warns. Truckload rates may need to rise as much as 12 to 18 percent to pay for higher driver wages.
Volumes moved by truck in the U.S. declined in February, the result of severe winter weather and lingering effects of the West Coast port congestion crisis, according to the American Trucking Associations.
YRC Worldwide is preparing to shed some old equipment and replace it with new tractor-trailers. The $5.1 billion less-than-truckload operator is trading up both trucks and technology, CEO James Welch said at the Truckload & Logistics Council’s 41st annual conference here Monday.
When the polar vortex unleashed storm after winter storm last year, the network of distribution centers and third-party warehouses Butterball uses to ship whole turkeys and other products across the U.S. suffered serious disruptions. Butterball moved quickly to shore up its transportation network and protect its supply chain, using a new transportation management system to optimize loads across its lanes.
The ports of Los Angeles and Long Beach are partnering with cargo interests, terminal operators, harbor truckers and the railroads to hasten the day when marine terminals become transit facilities rather than storage sites for containers.
Shippers are being warned to prepare for major and potentially costly changes in the way they contract or hire trucking companies to move freight across the U.S., as economic, regulatory and legal pressures reshape the transportation landscape.
Signs that the container logjam in Southern California is beginning to break are showing up on the truck spot market, as deconsolidated loads come up for grabs at West Coast warehouses.
Net orders for trailers in the U.S. dropped for the second month in February, but manufacturers will be busy for several months fulfilling an immense backlog of orders.