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Shippers, carriers, and logistics professionals are all watching closely as trade delegations from the U.S., Canada, and Mexico enter the second of seven rounds of negotiations to overhaul the North American Free Trade Agreement (NAFTA). Unfortunately for observers, uncertainty abounds as to what “NAFTA 2.0” will entail. President Trump’s opposition to NAFTA was a cornerstone […]
Dedicated trucking’s popularity is on the rise, as both shippers and carriers embrace it as a way to guarantee capacity and escape the volatility that has engulfed the industry as a whole. According to A.C. Kearney’s 2017 State of Logistics Report (subtitled “Accelerating into Uncertainty”), spending on dedicated and private fleets has risen 0.7 percent […]
On July 1, China’s state-owned Cosco Shipping Holdings announced a bid to purchase a controlling share of Orient Overseas (International) Ltd. (OOIL) for a staggering $6.3 billion. Cosco’s acquisition of OOIL marks the latest (and possibly the last) in a wave of carrier consolidation that is reshaping the international shipping industry, which has struggled to […]
Congress is eyeing changes to the Shipping Act in an effort to support domestic service providers in rate negotiations with carrier alliances. The tugboat industry has led the charge in protesting the alliances’ plan to jointly negotiate for contracts, which they maintain would foster an anti-competitive environment and force them to accept non-compensatory rates for […]
The international shipping industry is caught in a dramatic conflict between US legislators and several massive carrier alliances, with the Federal Maritime Commission (FMC) and domestic service providers caught in the crossfire. This conflict raises many questions regarding whether these alliances violate US antitrust law, whether the laws themselves need to be updated, and what […]
The American trucking industry is in a period of upheaval, contending with a rising wave of consolidation, the impending ELD mandate, and the promise of driver automation on the horizon. In addition to these new issues, trucking is also facing a perennial problem: a serious driver shortage. The American Trucking Association estimates that at present, […]
Earlier last month, Phoenix-based trucking firms Knight Transportation and Swift Transportation caught the industry by surprise when they announced their merger, which will make them one of the largest trucking companies in North America. The merger has been hailed as a positive move for both companies, but some observers see it as a herald of […]
The trucking industry is preparing to adjust to the federal Electronic Logging Device (ELD) mandate, which is set to take effect in December 2017. The controversial rule requires nearly all truckers to install an ELD to log their hours of service (HOS)and replace the paper logs that have been in use for decades. An ELD […]
In recent years, the phrase “bipartisan consensus” has become something of a contradiction in terms, but one of the few points on which Republicans and Democrats can still agree is the urgent need to shore up America’s infrastructure, which is most often described as “crumbling.” Last year, the American Society of Civil Engineers gave American […]