The U.S. Department of Transportation has awarded $273.9 million to 12 projects that are designed to improve safety and freight movement on rural roadways in several states.
December 29, 2022No rankings are available for this year.
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Rural Freight Corridors Among $273.9 Million in Grant Funding
Shippers Remain in Control of Rates, but 2023 Could Bring Balance
Shippers are in the driver’s seat as spot and contract rates continue to soften, but industry analysts said rates likely will stabilize throughout 2023.
Ascend Adds Georgia Terminal
Ascend — a dry van, full truckload carrier that offers middle-mile supply chain solutions — announced it acquired a new terminal in McDonough, Ga.
December 29, 2022New Pocket Guide Includes Key Transportation Metrics
A 72-page “Pocket Guide to Transportation 2023” from the federal government is available online and in print with key statistical data and highlights of major national transportation data trends.
DOT Gets Funding Increase in $1.7 Trillion Federal Budget
The spending budget for the federal government’s fiscal 2023 includes an increase in funding for the Department of Transportation that is higher than the level requested by the White House.
Shipping Insurers Back Off of Russia-Ukraine Trade
A host of shipping insurers altered their policies for 2023 to exclude claims linked to Russia’s war in Ukraine, a further sign of the industry’s growing concerns about losses stemming from the conflict.
Freight Trends Continue to Affect Driver Recruitment
The trucking industry likely will see a continued slowdown in driver recruitment efforts as freight demand continues to normalize in 2023.
Arizona’s Cross-Border Project Gets $8.9 Million State Grant
Arizona’s governor has allocated $8.9 million to help modernize the port of entry in Douglas, where a new commercial one is being built to bolster the state’s trade with Mexico.
Amazon Builds Last-Mile Shipping Facility in Montana
Amazon .com Inc. is creating its first big foothold in Montana with a last-mile shipping delivery facility for the entire state, Gov. Greg Gianforte announced Dec. 16.
Five States Extend Driving Hours for Heating Fuel Deliveries
Colorado, North and South Dakota, Utah and Wyoming have declared temporary emergency exemptions of federal driving hours for deliveries of heating fuel.