ACT Research and FTR Transportation Intelligence reported record Class 8 orders for September, a possible sign of recovering new commercial vehicle production that has been restrained the last two years by a clogged supply chain…
Paccar posts record income for 2Q with strong margins defying dour economy, increased deliveries of recently revamped models and profit on its parts business all contributed. Practically everything clicked in the second quarter crushing analyst…
Nation’s warehouses growing old, analysts say the unprecedented boom in logistics warehousing demand is now about a decade old. During most of the past 10 years, it was a safe bet that the aging of…
Rail and trucking join forces to increase efficiencies via an increase in capacity and getting freight moving. It’s no secret the supply chain has been backed up, bottlenecked, scrambled, and …
Warehouse demand at record levels. Driven by rising e-commerce demand and related one and two-day shipping demands, the need for new warehouses has never been higher. Real estate services firm JLL published a survey…
Trucking sees new player surge in the number of newly authorized trucking companies — especially small ones. From July 2020 -Sept, the FMCSA approved more than 104k new for-hire trucking companies, and that’s excluding private fleets…
U.S. liquefied natural gas (LNG) exporters could see cargo cancellations return this summer if the current supply glut cannot be alleviated by then, analysts said recently. According to IHS Markit, 2020 saw an estimated global…
Permanent refining capacity closures expected for 2020-2021 have risen to about 1.7 million barrels per day (bpd) as the COVID-19 pandemic hammers demand for oil products, according to the International Energy Agency (IEA). About a…
Expectations around long-term intermodal margins were the main topic at J.B. Hunt Transport Services’ appearance at the Citi 2021 Global Industrials Virtual Conference in February. John Roberts, the company’s president and chief executive, said management…
Cybersecurity issues have affected less than 10 percent of firms over the past 10 years, compared to 60 percent that have suffered directly as a result of COVID-19 disruption. In 2020 the pandemic has emerged…
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