Ports across the United States are reporting record volumes, but transportation officials are raising concern that economic tariffs being imposed against other countries by the Trump administration — and retaliatory efforts those nations are enacting in response — could affect the longer-term global trade outlook.
July 19, 2018Extras
Nation’s Ports Set Records, but Concerns Heighten Over Tariffs
Heartland Profits Jump 22% in 2Q as Revenue Rises
Heartland Express reported second-quarter net income of $17.8 million, or 22 cents per share, a 22% increase from $14.6 million, or 18 cents, recorded in the second quarter of 2017.
July 19, 2018Fed Beige Book Cites Trucking Woes as Drivers Prove Hard to Find
American businesses want to keep trucking along, but they’re running into a persistent roadblock: a driver shortage amid high demand for freight services.
Amazon Logistics Seen as Way to Owning a Delivery Business
Amazon.com has nearly 200 warehouses, a fleet of trucks and airplanes, and even its own delivery drones — yet the company has determined that is not enough to satiate its booming demand.
Appeals Court Temporarily Stays EPA Decision to Not Enforce Glider Kit Truck Regulation
A federal appeals court has issued a temporary stay blocking a decision by the Environmental Protection Agency to not enforce an Obama administration regulation that limits glider kit truck manufacturers to building no more than 300 of the trucks a year.
Canadian Pacific Reports Second-Quarter Revenue Growth of 7%
Canadian Pacific Railway Ltd. announced second-quarter revenues of C$1.75 billion, an increase of 7% from $1.64 billion when compared with the same period of 2017.
July 18, 2018ODW Opens E-Commerce Center in Columbus, Ohio
ODW Logistics is opening a 200,000-square-foot logistics center near Columbus, Ohio, to expand its e-commerce capabilities. The facility on Interstate 71 in Grove City is within a 10-hour drive of about 50% of the U.S. population and one-third of the Canadian population, according to ODW.
July 18, 2018New York County Might Seek Control of Long-Awaited Inland Port
Onondaga County, N.Y., officials will consider seeking control of the long-awaited “inland port’’ at a DeWitt rail yard, under a proposal from Onondaga County Legislature Chairman Ryan McMahon.
Boeing’s Faith in Airfreight Pays Off With $18 Billion in Sales
Boeing Co. stood by the air-cargo market during a withering downturn a decade ago, and that decision is paying off handsomely now.
Connecticut Governor Orders Highway Toll Study
Despite his lame-duck status, Connecticut Gov. Dannel P. Malloy is ordering a $10 million study on placing electronic tolls on the state’s highways and finding ways to fund needed transportation improvements.