On the eve of Senate hearings regarding the safety of rail tankers carrying approximately one million barrels of crude oil across American railways per day, the U.S. Department of Transportation issues new safety regulations. However, both officials and industry experts agree that these regulations don’t address the most serious safety concerns.
Work stopped on the Panama Canal expansion because contractors went over budget. Before the expansion began, many officials and diplomats expressed concern over the contract because the winning bid was $1 billion lower than the others. However, the contract was awarded to the consortium GUPC, which includes Sacyr Vallehermoso, S.A (Spain), Impregilo, S.p.A. (Italy), Jan…
The NAFTA trade agreement among the United States, Canada, and Mexico accounted for $91.1 billion over the past year. Trucks carry most of these goods, hauling 57.2 percent of all NAFTA imports and exports, equating to $26.3 billion in U.S. exports and $25.2 billion in U.S. imports. Overall, NAFTA trade transport by trucks was up…
Alabama Gov. Robert Bentley and officials from Remington Arms Co. announced Monday that the famed gunmaker will soon be opening a new factory in Huntsville, Ala. The plant is expected to bring more than 2,000 jobs to the area, including jobs at the plant as well as support industries. Though no immediate plans to shut…
In a vote of 626 for and 712 against, the workers at the Volkswagen plant in Chattanooga, Tenn. rejected the United Auto Workers union, or UAW, despite the fact that Volkswagen did not actively try to prevent workers from joining the union. Most of the arguments against unionization came from the state government, where Tennessee…
Providing chassis for deliveries at U.S. ports is not exactly lucrative, which is why a number of large ocean shipping companies (such as Maersk Line, Yang Ming, CMA CGM, OOCL, NYK Line, and Evergreen) have decided to quit providing this service at several U.S ports, including those at Long Beach and Los Angeles. Now port…
Following just the first complete month of 2014, a survey conducted by Bloomberg Industries called the Internet Truckstop survey shows a positive outlook among trucking companies in regards to the remainder of the year. Respondents to the survey included freight brokers and small owner operator trucking companies. An increase in the overall volumes expected, combined…
The National Weather Service has issued a Winter Storm Warning for much of the Southern United States and Eastern United States in anticipation of a line of snow and ice extending from Texas to the Atlantic Coast. It was expected to hit early Tuesday morning. A secondary front is expected between Tuesday and Wednesday, bringing…
An upturn in consumer spending combined with greater investments by companies is expected to drive up demand for trucking during the course of 2014, according so new economic analysis reports. Bob Costello, a chief economist who works with the American Trucking Association, expects the number of truck loads to grow by 2.3 to 2.7 percent…
As crude oil shipments across railways and along waterways ramp up due to increased shale oil productivity, lawmakers in the state of Washington take a look at what additional safety measures might need to be put into place to safeguard the public. Devastating railroad accidents involving crude oil shipments in Canada and North Dakota have…