Name: Federal policy impact on small trucking carriers
Uploaded: Jun 7, 2024, 11:58 AM EDT

For years, the trucking industry has been facing a driver shortage. This is especially prevalent in the breakbulk sector due to port congestion and parking shortages creating long working hours. Craig McGraw, vice president of sales and marketing at Trans American Trucking & Warehouse, discusses the positive influence federal policies can have on the breakbulk industry, Trans American’s growing customer relationships and how atomic verdicts impact small businesses. Breakbulk24, New Orleans, Louisiana Sponsored by Trans American Trucking & Warehouse

<div class="phx-topic abstract-wrapper"><p>Carriers were due to restart flights to hubs in the region later in the summer, but a collapse of the ceasefire between the US and Iran has extended route suspensions.</p></div>

Carriers were due to restart flights to hubs in the region later in the summer, but a collapse of the ceasefire between the US and Iran has extended route suspensions.

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Airlines put Middle East return on hold as hostilities resume

<div class="phx-topic abstract-wrapper"><p>Air freight carriers are scrambling to address the demand, injecting capacity into the fast-growing corridors out of Southeast Asia and Taiwan.</p></div>

Air freight carriers are scrambling to address the demand, injecting capacity into the fast-growing corridors out of Southeast Asia and Taiwan.

AI equipment competes with e-commerce for limited air cargo space

<div class="phx-topic abstract-wrapper"><p>The integrator’s positive earnings momentum was led by its air cargo-focused Express division that saw pre-tax profit increase 63% year over year in the quarter. </p></div>

The integrator’s positive earnings momentum was led by its air cargo-focused Express division that saw pre-tax profit increase 63% year over year in the quarter.

DHL raises full-year profit forecast after Q2 revenue, earnings gains

<div class="phx-topic abstract-wrapper"><p>But despite the initial drop in capacity, sources are not expecting a long-term decline in business on the westbound trade lane. </p></div>

But despite the initial drop in capacity, sources are not expecting a long-term decline in business on the westbound trade lane.

China-Europe air cargo capacity drops sharply as EU scraps duty-free import rule

<div class="phx-topic abstract-wrapper"><p>The takeover means CMA CGM subsidiary CEVA Logistics will become one of the top contract logistics providers in North America. </p></div>

The takeover means CMA CGM subsidiary CEVA Logistics will become one of the top contract logistics providers in North America.

CMA CGM acquires FedEx Supply Chain in $1.4 billion deal

<div class="phx-topic abstract-wrapper"><p>Trades most impacted by the Red Sea diversions and closure of the Strait of Hormuz are getting more new ships, offsetting longer and delayed voyages, data shows.</p></div>

Trades most impacted by the Red Sea diversions and closure of the Strait of Hormuz are getting more new ships, offsetting longer and delayed voyages, data shows.

Most 2026 newbuilds head into disrupted container trades

<div class="phx-topic abstract-wrapper"><p>With vessel space increasingly scarce, cargo rollovers on certain premier westbound services out of India’s key gateway ports of Nhava Sheva and Mundra have been as high as 2,000 to 3,000 TEUs per sailing in recent weeks, industry sources say.</p></div>

With vessel space increasingly scarce, cargo rollovers on certain premier westbound services out of India’s key gateway ports of Nhava Sheva and Mundra have been as high as 2,000 to 3,000 TEUs per sailing in recent weeks, industry sources say.

Carriers attempt extra-loaders to US, Europe to capitalize on Indian export rush

<div class="phx-topic abstract-wrapper"><p>Treating project cargoes as a return cargo bucks traditional breakbulk shipping strategy, but G2 Ocean is looking to provide a unique solution to the backhaul dilemma.</p></div>

Treating project cargoes as a return cargo bucks traditional breakbulk shipping strategy, but G2 Ocean is looking to provide a unique solution to the backhaul dilemma.

Carrier flips backhaul cargo challenge to ‘disrupt’ MPV sector

<div class="phx-topic abstract-wrapper"><p>Hapag-Lloyd said there’s a 72-hour wait at Shanghai’s Yangshan deepwater port for vessels operating Gemini services, while ships operating non-Gemini services are having to wait six days before being able to berth.</p></div>

Hapag-Lloyd said there’s a 72-hour wait at Shanghai’s Yangshan deepwater port for vessels operating Gemini services, while ships operating non-Gemini services are having to wait six days before being able to berth.

Vessel delays worsen at key Chinese ports after typhoon moves through

<div class="phx-topic abstract-wrapper"><p>Trade between Europe and its partners continues to adjust to the ever-changing geopolitical environment, and that uncertainty is being felt in the port’s container handling business.</p></div>

Trade between Europe and its partners continues to adjust to the ever-changing geopolitical environment, and that uncertainty is being felt in the port’s container handling business.

Antwerp H1 volume falls as disruption, falling exports weigh on throughput

<div class="phx-topic abstract-wrapper"><p>For fleets, the emissions-related proposal announced Thursday changes the economics of purchasing equipment, but it is not likely to fundamentally change the economics of adding capacity, analysts say.</p></div>

For fleets, the emissions-related proposal announced Thursday changes the economics of purchasing equipment, but it is not likely to fundamentally change the economics of adding capacity, analysts say.

EPA proposal likely to cut truck costs, but little impact expected on capacity

<div class="phx-topic abstract-wrapper"><p>The $6 million influx into UK-based artificial intelligence technology provider Nexcade comes as the cost of building AI tools is likely to rise in the coming years.</p></div>

The $6 million influx into UK-based artificial intelligence technology provider Nexcade comes as the cost of building AI tools is likely to rise in the coming years.

Forwarding AI vendor lands funding to automate shipment coordination

<div class="phx-topic abstract-wrapper"><p>But this month will be the end of an early peak season that began in May and increased in intensity, according to the Global Port Tracker, with imports for August through November expected to be lower year over year.</p></div>

But this month will be the end of an early peak season that began in May and increased in intensity, according to the Global Port Tracker, with imports for August through November expected to be lower year over year.

US imports to hit record high in July amid pre-tariff push: retailers

<div class="phx-topic abstract-wrapper"><p>Investment in alternative fuels and electric trucks remains constrained by high upfront costs, infrastructure limits and the difficulty of passing green premiums on to customers, industry leaders say.</p></div>

Investment in alternative fuels and electric trucks remains constrained by high upfront costs, infrastructure limits and the difficulty of passing green premiums on to customers, industry leaders say.

Cost pressures slowing decarbonization drive in UK logistics sector

<div class="phx-topic abstract-wrapper"><p>The sector is adding and expanding terminals, but data shows its overall door count is still almost 5% below its COVID-era 2022 peak.</p></div>

The sector is adding and expanding terminals, but data shows its overall door count is still almost 5% below its COVID-era 2022 peak.

US LTL carriers expanding networks, but still playing catch-up with lost capacity

<div class="phx-topic abstract-wrapper"><p>Hunt set a company record for intermodal volume in the second quarter, with the gains coming as shippers increasingly turn to intermodal as they struggle to secure truckload capacity and absorb fuel price spikes linked to the war with Iran.  </p></div>

Hunt set a company record for intermodal volume in the second quarter, with the gains coming as shippers increasingly turn to intermodal as they struggle to secure truckload capacity and absorb fuel price spikes linked to the war with Iran.

Intermodal’s ‘value proposition’ strongest in a decade: J.B. Hunt

<div class="phx-topic abstract-wrapper"><p>On a second-quarter earnings call, company officials said tightening driver availability, increased regulatory enforcement and rising operating costs are removing capacity from the market faster than freight demand is growing.</p></div>

On a second-quarter earnings call, company officials said tightening driver availability, increased regulatory enforcement and rising operating costs are removing capacity from the market faster than freight demand is growing.

Tighter truck capacity, not stronger demand, driving freight recovery: J.B. Hunt

<div class="phx-topic abstract-wrapper"><p>The pressure remains far less severe than the shortages that disrupted inland supply chains during the pandemic, but after nearly four years of relative stability, truckers and rail workers say equipment gaps are emerging. </p></div>

The pressure remains far less severe than the shortages that disrupted inland supply chains during the pandemic, but after nearly four years of relative stability, truckers and rail workers say equipment gaps are emerging.

Chicago chassis fleet faces first post-COVID-19 test as West Coast imports rise

<div class="phx-topic abstract-wrapper"><p>Three executives told a webinar they have great expectations for 2027, but shippers keep raising the performance bar.</p></div>

Three executives told a webinar they have great expectations for 2027, but shippers keep raising the performance bar.

LTL CEOs see firmer demand, higher revenue driven by truckload tightness

<div class="phx-topic abstract-wrapper"><p>Brendan Dugan, deputy executive director at South Jersey Port Corporation, discusses how data center construction is supporting structural steel imports, why lumber and plywood cargo has softened, and how investments in rail, indoor storage and electric cargo-handling equipment are positioning Camden for steadier year-round growth.</p></div>

Brendan Dugan, deputy executive director at South Jersey Port Corporation, discusses how data center construction is supporting structural steel imports, why lumber and plywood cargo has softened, and how investments in rail, indoor storage and electric cargo-handling equipment are positioning Camden for steadier year-round growth.

Building momentum amid uncertainty

<div class="phx-topic abstract-wrapper"><p>Craig McGraw, vice president of sales and marketing at Trans American Trucking &amp; Warehouse, discusses his involvement in the Congressional Trucking Caucus, how tech will help to prevent bridge accidents, achieving unified operations across states, and his thoughts on chameleon carriers.</p></div>

Craig McGraw, vice president of sales and marketing at Trans American Trucking & Warehouse, discusses his involvement in the Congressional Trucking Caucus, how tech will help to prevent bridge accidents, achieving unified operations across states, and his thoughts on chameleon carriers.

Making safety a priority

<div class="phx-topic abstract-wrapper"><p>Kristi App, chief commercial officer at the Port of New Orleans, talks about plans for the old terminals when LIT opens and redevelopment opportunities, as well as the recent joint venture between the port, Ports America and Terminal Investment Limited.</p></div>

Kristi App, chief commercial officer at the Port of New Orleans, talks about plans for the old terminals when LIT opens and redevelopment opportunities, as well as the recent joint venture between the port, Ports America and Terminal Investment Limited.

Reinvention and redevelopment

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<div class="phx-topic abstract-wrapper"><p>Craig McGraw, vice president of sales and marketing at Trans American Trucking &amp; Warehouse, discusses the positive influence federal policies can have on the breakbulk industry, Trans American’s growing customer relationships and how atomic verdicts impact small businesses.</p></div>

Craig McGraw, vice president of sales and marketing at Trans American Trucking & Warehouse, discusses the positive influence federal policies can have on the breakbulk industry, Trans American’s growing customer relationships and how atomic verdicts impact small businesses.

<div class="phx-topic"><p>For years, the trucking industry has been facing a driver shortage. This is especially prevalent in the breakbulk sector due to port congestion and parking shortages creating long working hours. Craig McGraw, vice president of sales and marketing at Trans American Trucking &amp; Warehouse, discusses the positive influence federal policies can have on the breakbulk industry, Trans American’s growing customer relationships and how atomic verdicts impact small businesses.</p><p><i>Breakbulk24, New Orleans, Louisiana</i></p><p><b>Sponsored by Trans American Trucking &amp; Warehouse</b></p><div class="wrapper-full"><dynamic-object type="brightcove" resource-id="6354446976112"></dynamic-object></div></div>

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