BNSF joins blockchain alliance, looks to set technology standards of future
BNSF Railway Company (BNSF) recently became the first Class I railroad to join the Blockchain in Transport Alliance (BiTA).
BNSF Railway Company (BNSF) recently became the first Class I railroad to join the Blockchain in Transport Alliance (BiTA).
Most shippers, carriers, and students of the freight market spend most of their time focused on a particular mode. It makes intuitive sense that you would focus on the mode that you spend the most time in which you are buying services or providing services. Net result, there are plenty of experts in rail, truck, and intermodal/container freight, and with the ongoing prodigious growth of e-commerce, there is a growing number of experts in parcel freight. That said, we continue to be surprised how little attention overall is given to airfreight.
Some early adopters of the Tesla Semi are receiving another advantage – help with designing and building electric charging stations for the trucks.
American Trucking Associations President & CEO Chris Spear took to Medium on Thursday to tout the benefits the trucking industry will see from passage of the new tax law, including noting an ATA survey that says 50% of fleets are planning wage increases or one-time bonuses.
After a difficult adjustment period in July/August, CSX improved its performance on key metrics like train speed and dwell time, ending 2017 as an industry leader.
On Saturday, two days after taking medical leave from CSX, CEO Hunter Harrison died. Investors have serious concerns about the railroad’s commitment to executing Harrison’s vision, while some observers disagreed with his approach entirely.
The Owner-Operator Independent Drivers Association (OOIDA) has issued a letter to state attorneys general in all states asking them to review potential problems surrounding upcoming enforcement of the electronic logging device mandate.
Despite continued complaints about CSX’s delays and no-shows, the railroad’s new CEO has made a controversial commitment to raising fees on everything from hazardous materials and overloaded cars to refrigerated cars.
A new report says the U.S. will lose 50,000 auto parts industry jobs if the country pulls out of the North American Free Trade Agreement (NAFTA), according to Reuters.
Amid sluggish freight rates and oil prices, overcapacity issues, and the Baltic Dry Index pointing to a looming slowdown in global trade growth, finding innovative ways to solve repositioning problems is now a major part of a wider effort to reduce costs in the container-shipping industry.
After five days, the port truckers strike in Los Angeles and Long Beach came to an end on Friday with striking truckers delivering a petition with 10,000 signatures on it to LA Mayor Eric Garcetti and Long Beach Mayor Robert Garcia.
The Los Angeles Times Editorial Board has weighed in on the port truckers’ strike taking place in Los Angeles and Long Beach. Its opinion: clean up emissions at the ports, but don’t put the financial burden to do so on truckers.