Nominations open for Shipper of Choice 2020 Industry News Nominations open for Shipper of Choice 2020 Nominate your Shipper of Choice right here.Stephanie L. BondFebruary 3, 2020
Regional Rail to acquire Carolina Coastal Railway Industry News Regional Rail to acquire Carolina Coastal Railway The acquisition will expand Regional Rail’s short line operations into North Carolina.Stephanie L. BondFebruary 3, 2020
Dry bulk shipping rates poised to hit a new all-time low Industry News Dry bulk shipping rates poised to hit a new all-time low Dry bulk rates were already terrible — then came the coronavirus, and they’re getting even…Stephanie L. BondFebruary 3, 2020
Slowing Chinese demand due to coronavirus hits oil prices Industry News Slowing Chinese demand due to coronavirus hits oil prices World's second largest oil consumer taking extended holiday to deal with virus, keeping businesses shuttered.Stephanie L. BondFebruary 3, 2020
Today’s pickup: Amazon taking more logistics work in-house; steer clear of the ATL Industry News Today’s pickup: Amazon taking more logistics work in-house; steer clear of the ATL Is Amazon moving more logistics work in-house; everyone is moving to Atlanta but trucks should…Stephanie L. BondFebruary 3, 2020
Airbus agrees to pay record $3.9 billion to settle bribery claims Industry News Airbus agrees to pay record $3.9 billion to settle bribery claims Airbus will pay penalties in France, the U.S. and U.K. for using go-betweens to bribe…Stephanie L. BondFebruary 3, 2020
US orders vessel crew restrictions in wake of coronavirus Industry News US orders vessel crew restrictions in wake of coronavirus Ships recently in China considered a “hazardous condition”Stephanie L. BondFebruary 3, 2020
Freight Futures daily curve: 2/3 Industry News Freight Futures daily curve: 2/3 Trucking Freight Futures are mostly lower as the spot month contracts rolled from January 2020…Stephanie L. BondFebruary 3, 2020
Why are truck orders a cyclical, seasonal and lagging demand indicator? Industry News Why are truck orders a cyclical, seasonal and lagging demand indicator? Why are Class 8 orders a deeply cyclical, lagging indicator of truck demand?Stephanie L. BondFebruary 3, 2020
Teamsters Canada Rail Conference ratifies collective agreement Industry News Teamsters Canada Rail Conference ratifies collective agreement Members overwhelmingly ratified the agreement with Canadian National. The collective agreement will last through July…Stephanie L. BondFebruary 3, 2020