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Tag: transportation industry

Industry News, International

What Trump’s Threats to Free Trade Mean for Exporters

  • March 17, 2018
The Trump Administration has made it clear that its “America First” philosophy is incompatible with many of the free trade agreements which have been the cornerstones of American trade policy for decades. In the year since taking power, the Trump White House has walked away from trade deals that had been years in the making, […]
Industry News, International

Sky-high Air Freight Rates Show No Signs of Coming Down

  • January 19, 2018
Shippers trying to secure air freight in recent weeks have found themselves caught in an unexpected rate hike and capacity crunch, as rates doubled and even tripled, particularly for cargo passing through Europe or Asia. The holidays are over, but industry leaders are confident that higher rates are here to stay, fueled by the demands […]
Industry News, Trucking

Women in Trucking Need a #MeToo Moment

  • January 15, 2018
The United States is in the middle of a reckoning about workplace sexual harassment and assault, and from Hollywood to Washington D.C., women in trucking are speaking up about the experiences that traumatized them and the working conditions that stunted their careers. This national conversation is as painful as it is overdue, but there are […]
Trucking

CRISIS: Retiring Truckers Face Bankrupt Pension Funds

  • September 8, 2017
Across the country, union pension funds are going bankrupt, leaving thousands of retiring truckers wondering what is to become of their hard-earned benefits. The Pension Rights Center reports that roughly one million Americans are covered by funds on the verge of insolvency, and unions in Cleveland, Illinois, and New York have already been forced to […]
International, Trucking

Trucking Eyes NAFTA Overhaul with Apprehension and Hope

  • September 1, 2017
Shippers, carriers, and logistics professionals are all watching closely as trade delegations from the U.S., Canada, and Mexico enter the second of seven rounds of negotiations to overhaul the North American Free Trade Agreement (NAFTA). Unfortunately for observers, uncertainty abounds as to what “NAFTA 2.0” will entail. President Trump’s opposition to NAFTA was a cornerstone […]
Industry News, Trucking

In Search of Stability, Trucking Moves to Dedicated

  • July 28, 2017
Dedicated trucking’s popularity is on the rise, as both shippers and carriers embrace it as a way to guarantee capacity and escape the volatility that has engulfed the industry as a whole. According to A.C. Kearney’s 2017 State of Logistics Report (subtitled “Accelerating into Uncertainty”), spending on dedicated and private fleets has risen 0.7 percent […]
International, Shipping

Have We Reached the Peak – Cosco and OOCL Merger

  • July 14, 2017
On July 1, China’s state-owned Cosco Shipping Holdings announced a bid to purchase a controlling share of Orient Overseas (International) Ltd. (OOIL) for a staggering $6.3 billion. Cosco’s acquisition of OOIL marks the latest (and possibly the last) in a wave of carrier consolidation that is reshaping the international shipping industry, which has struggled to […]
Shipping

Congress Moves to Stop Shipping Alliance Collusion

  • June 23, 2017
Congress is eyeing changes to the Shipping Act in an effort to support domestic service providers in rate negotiations with carrier alliances. The tugboat industry has led the charge in protesting the alliances’ plan to jointly negotiate for contracts, which they maintain would foster an anti-competitive environment and force them to accept non-compensatory rates for […]
International, Shipping

Are Carrier Alliances Colluding Against Domestic Service Providers

  • May 19, 2017
The international shipping industry is caught in a dramatic conflict between US legislators and several massive carrier alliances, with the Federal Maritime Commission (FMC) and domestic service providers caught in the crossfire. This conflict raises many questions regarding whether these alliances violate US antitrust law, whether the laws themselves need to be updated, and what […]
Industry News, Trucking

America’s Driver Shortage

  • May 12, 2017
The American trucking industry is in a period of upheaval, contending with a rising wave of consolidation, the impending ELD mandate, and the promise of driver automation on the horizon. In addition to these new issues, trucking is also facing a perennial problem: a serious driver shortage. The American Trucking Association estimates that at present, […]