A year ago, shippers were tightening their belts, preparing for a potential truck capacity crunch and another round of rate increases as they struggled to expedite containerized freight around congested West Coast ports. Trucking companies were ordering scads of new, fuel-efficient Class 8 tractors and raising truck driver pay by…
Despite some design challenges along the way, Toyota Transport, the automaker’s in-house vehicle transportation trucking company, now has its first car hauler that runs on Compressed Natural Gas (CNG). The truck, based in Long Beach, Calif., emits 85 percent less overall particulate matter and 10 percent less carbon dioxide than…
For-hire trucking adds 5,300 jobs in December: The for-hire trucking industry in December added 5,300 jobs, according to the Labor Department’s monthly preliminary employment report, pushing the trucking industry to another all-time employment high and continuing a now multi-year trend of steady employment growth in the trucking industry. December’s total…
Exel, the Westerville, Ohio, firm ranked No. 6 on the Transport Topics list of the Top 50 largest logistics companies in North America, has announced it is changing its name to DHL Supply Chain in 2016. The change reflects an expansion of focus “to enable a global customer experience,” the company said. “Transitioning…
Port officials in Virginia and Cuba have signed a pact expected to increase agricultural exports to the Caribbean nation, Gov. Terry McAuliffe announced Jan. 5. Under terms of a “memorandum of understanding,” the Virginia Port Authority and the Cuban National Port Authority will weigh commercial opportunities between the Port of…
FTR’s Shippers Conditions Index (SCI) for October declined from the previous month to a reading of minus-3.1. The SCI, which has a forward-looking aspect, will fall further in 2016 with truck freight forecasted to grow at a robust 3.6 percent. Shippers will ultimately be negatively affected by tight capacity in…
Employers: expect a bit of a shakeup at your work site in 2016, as 21 percent of employees plan to look for greener pastures. A CareerBuilder survey found that one in five employees are pledging to leave their current employers in 2016, which is a 5 percent increase since last…
TORONTO – The trials and tribulations that both drivers and fleet face, how to prepare for truck safety crackdowns and videos about trucking are just a few of the most popular stories with readers of the Today’s Trucking website for 2015. Yes, it’s that time of year when we’ve warmed…
Ryan Petersen, as CEO of the freight forwarder Flexport, sees a constant flow of shipping prices every day. But two weeks ago, he heard a number that stopped him short: $150. That’s a spot rate offered by an unnamed Chinese carrier to ship 20-foot containers from Shenzhen to Rotterdam. That…
Apple’s newly appointed chief operating officer has been a major force behind some of the company’s biggest initiatives. Jeff Williams has for years overseen Apple’s sprawling, complex global supply chain, assuming that role after Tim Cook was named the company’s chief executive. His responsibilities have expanded over time to include work…
