Trucking and Logistics News for August 2017

Electronic logging devices, NAFTA negotiations, trucking growth and more industry news for shippers.

Aug 30, 2017

Imports Reach Near-Record Levels in July

From The Wall Street Journal—Ports across the U.S. took in about 1.72 million containers last month as retailers and manufacturers are adding inventory ahead of the holiday season. Importers and logistics firms attributed July’s strong growth to rising consumer confidence, which recently hit its second-highest level since 2000:

What to Expect When ELDs Become Law

From Transport Topics—When the federal electronic logging device mandate takes effect on Dec. 18, 2017, the winners may be carriers who adopted ELDs early on:

The Supply Chain Link That Both Amazon and Walmart are Missing

From Supply Chain 24/7—“Amazon vs. Walmart” has become shorthand for the battle between online and bricks-and-mortar retailers. However, both sides lack the “perfect order” as a metric to improve order execution and fulfillment:

EPA to Review Emissions Regulations

From Overdrive—The Environmental Protection Agency announced that it will “revisit” proposed emission standards for tractor-trailers and glider kits. The so-called Phase 2 rule, finalized last year under the Obama Administration, requires truck, engine and trailer manufacturers to make significant gains in boosting tractor-trailer fuel economy:

ATA Forecasts Continued Trucking Growth

From Logistics Management—The American Trucking Associations estimates that the trucking industry will average 3.4% annual growth between now and 2023. The organization’s Transportation Forecast 2017 also projects that the total tonnage hauled by trucks will increase by more than 26% by the year 2028:

TMS Market Could Pass $30 Billion by 2025

From DC Velocity—The global market for transportation management system (TMS) software is on track to more than triple, to $30.04 billion by 2025. The rise of mobile platforms, intermodal transportation and cloud-based solutions will drive that growth, per a report from Transparency Market Research:

NAFTA Renegotiation Begins

From The Detroit News—U.S. officials pushed for major changes to the North American Free Trade Agreement during initial negotiations with their counterparts from Canada and Mexico. During the five-day negotiation process in Washington, U.S. Trade Representative Robert LIghthizer said the U.S. seeks wholesale changes to NAFTA, which has been blamed for lost jobs in the U.S. auto industry:

Last-Mile Deliveries Generate New Jobs

From The Wall Street Journal—Increased online sales have sparked a hiring surge at package delivery companies, pushing overall payroll to a new high in July:

How Blockchain Technology Fits with Supply Chains

From Supply Chain 24/7—With useful tools like smart contracts that all suppliers can see, blockchain technology can help enhance companies’ supply chain management:

Traffic Costs Trucking Over $63 Billion a Year

From Fleet Owner—A new study from the American Transportation Research Institute found that traffic congestion created $63.4 billion in expenses for trucking companies in 2015. Using a variety of sources from its truck GPS database, ATRI estimated heavy traffic led to more than 996 million hours in lost productivity:

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