31 May Cass Freight Index Rises 3.7% in April The Cass Freight Index of shipments rose 3.7% in April over the previous month and 4% year-over-year. Expenditures spiked 6% in April and 3.1% over the prior month. Shipments are up 12% from the baseline period of January 1990; expenditures have risen 142%. Read more...
31 May Expansion of Port of Baltimore's Seagirt Marine Terminal Moves Forward For the first time in 30 years, the Maryland Port Administration has acquired land to accommodate growing business. Read more...
31 May Oceans of Cargo Fueling Growth in Atlanta If you live near Atlanta or other parts of the Southeast, chances are the shoes you bought from Amazon, the chandelier from Home Depot or the shower curtain from Wal-mart probably spent at least some of its life at a metro distribution center. Read more...
31 May 212 House Members Call for Fix to Highway Trust Fund In less than two weeks, three dozen House lawmakers have signed a letter urging tax policy authorizers to guarantee the sustainability of the Highway Trust Fund, bringing the total of signatories to 212, according to the office of Rep. Sam Graves (R-Mo.). Read more...
31 May US Pending Home Sales Falter Housing demand unexpectedly weakened for a second month across most U.S. regions as lean inventory took a toll on affordability, putting a damper on the typically busier spring selling season, according to National Association of Realtors figures released May 31. Read more...
31 May Ryder Launches App to Track Freight in Real Time Ryder System Inc. has launched a new cloud-based app available on iTunes and Google Play called Ryder NaviShare that allows trucking professionals and others in the supply chain to track freight in real time. Read more...
31 May Japan to Finalize Strategy for Self-Driving Trucks, Delivery Drones TOKYO - Japan aims to finalize on June 9 plans to allow package delivery by drone sometime around 2020 and the commercialization of self-driving trucks by 2022, as it scrambles to breathe new life into its corporate sector, sources told Reuters. Read more...
31 May Analysis: The US Has Forgotten How to Do Infrastructure The nation once built things fast and cheaply. Now experts are puzzled why costs are higher and projects take longer than in other countries. Read more...
30 May Diesel Rises 3.2¢ to $2.571 a Gallon The U.S. average retail price of diesel rose 3.2 cents to $2.571 a gallon, the first rise in six weeks, the Department of Energy said May 30. Read more...
30 May Uber Fires Executive at Center of Self-Driving Car Legal Fight Uber Technologies Inc. fired Anthony Levandowski, the engineer hired to lead its self-driving car efforts who is now at the center of a legal spat over the technology with Google parent Alphabet Inc. Read more...