July truck tonnage sees mild decline, reports ATA
July trucks tonnage saw a mild decline, according to data issued today by the American Trucking Associations (ATA). ATA reported that trucking tonnage fell 1% in July, following a 1.5% June gain, in its advanced seasonally-adjusted For-Hire Truck Tonnage Index. ATA reported that its July Seasonally Adjusted (SA) For-Hire Truck Tonnage Index reading, at 113.5 […]
Transport leaders tell Congress to fully fund transport in stop-gap legislation
Transportation interests are urging Washington to fully fund projects for the current fiscal year with a stopgap continuing resolution while this current do-little Congress gets ready for its autumn election-year recess with precious few working days left on its Congressional calendar. Congress is currently considering the BUILD America 250 Act ahead of the Sept. 30, […]
U.S. retail sales post 10th consecutive month of annual gains
United States retail sales were down sequentially and up annually in July, according to data issued today by the United States Department of Commerce’s Census Bureau. Total July retail sales, at $763.6 billion were down 0.6%, from June to July, and rose 5.0% annually, Commerce reported. And it added that, from May through July, total […]
Six state AGs oppose UP-NS merger, call proposed competitive benefits insufficient
In a letter to Surface Transportation Board Chair Patrick Fuchs, Vice Chair Michelle Schulz, Member Richard Kloster, and Member Karen Hedlund, attorney generals from six Republican states made their collective case for the STB to not sign off on the proposed $85 billion merger between Union Pacific (UP) and Norfolk Southern (NS). This represents the […]
FTR Trucking Conditions Index remains continues to show growth
The new edition of the Trucking Conditions Index, which was recently issued by FTR, remained in very strong territory. According to FTR, a TCI reading above zero represents an adequate trucking environment, with readings above 10 indicating that volumes, prices and margin are in a good range for carriers. And it explained that the TCI tracks […]
White House issues new Jones Act extension waiver
The White House issued a 90-day extension of a waiver related to the Jones Act this week. This follows an April announcement, in which the White House issued a 90-day extension to the Jones Act waiver, which was initially put in place for 60 days on March 18. The Jones Act is a law that regulates […]
USPS reports $2.5 million fiscal third quarter net loss
Fiscal third quarter earnings results issued late last week by the United States Postal Service (USPS), again saw steep declines. Quarterly operating revenue, at $19.9 billion, fell 6.1% annually, following a 2.3% annual fiscal second quarter gain. And its net loss under generally accepted accounting principles came in at $2.5 billion, down from $3.1 for […]
U.S.-bound imports are expected to trend down over balance of 2026, following an earlier peak season
An earlier than usual Peak Season is nearing the finish line this month, prior to an anticipated decline in United States-bound container import volumes over the balance of the year, according to the new edition of the Global Port Tracker report, which was issued today by the National Retail Federation (NRF) and maritime consultancy Hackett […]
Schneider Electric’s Jackie Zhu explains why the best leaders build careers across the business
When Jackie Zhu took over Schneider Electric’s North American Supply Chain earlier this year, he stepped into one of the industry’s most demanding leadership roles. Schneider Electric has topped Gartner’s Supply Chain Top 25 rankings for four consecutive years, earning global recognition for operational excellence, innovation and execution. For Zhu, the promotion wasn’t simply the […]
Freight capacity tightens as shipping demand demains uneven, U.S. Bank Freight Payment Index finds
The second quarter edition of the U.S. Bank Freight Payment, which was released this week, highlighted tightening over-the-road capacity amid ongoing pricing gains. This report, which was initially launched in the third quarter of 2017, is comprised of data on freight shipping volumes and spending on both a national and regional basis. The report’s […]