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Key Trucking Industry Measure Dropped Steeply

A key measure of freight carried by commercial trucks fell sharply in March. The American Trucking Associations’ For-Hire Truck Tonnage Index decreased 4.5 percent in March. The contraction follows February’s 7.2 percent increase, which was an all-time high for the index. After the February surge, the March dip wasn’t a surprise, ATA analysts said. “As expected, tonnage came back to earth in March from the jump in February,” said Bob Costello, the

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Today’s Top Supply Chain and Logistics News From WSJ

A new wave of shipping consolidation is taking shape with a new alliance growing out of the newly-merged China Ocean Cosco Group. The Chinese carriers and other liner companies, including France’s CMA CGM SA, were meeting with maritime regulators in Asia, Europe and the U.S. this week, the WSJ’s Costas Paris reports. On Wednesday they unveiled the new lineup, also taking in Hong Kong-based Orient Overseas Container Line, Taiwan’s Evergreen

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Maryland seeks $155 million from feds to clear freight bottleneck beneath Baltimore

The state and the railroad CSX Transportation have agreed to a plan to remove a bottleneck for freight shipping beneath the streets of Baltimore and have requested $155 million in federal funding to help pay for the project they say will boost the Maryland economy. State and railroad officials have pledged to contribute $270 million toward expanding the 1.7-mile Howard Street Tunnel. The additional clearance would allow

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Ryder Partners with Women In Trucking to Award Scholarships to Women Pursuing Transportation Careers

The Ryder Charitable Foundation, which directs charitable giving and support on behalf of Ryder System, Inc., in four strategic pillars – expertise, innovation, safety, and community collaboration – today announced its $25,000 donation to the Women In Trucking (WIT) Foundation, affiliated with the non-profit organization Women In Trucking Association, Inc. As part of Ryder’s giving strategy supporting expertise, this gift will help educate the next

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U.S. House Transport Chief Opposes Canadian Pacific-Norfolk Southern Hookup

The chief lawmaker on the House Transportation Committee on Tuesday said Canadian Pacific Railway Ltd.’s (CP – Get Report) unsolicited $27 billion proposed merger with Norfolk Southern Corp. (NSC – Get Report) is not “in the best interests” of the U.S. freight transportation industry, a move that puts public pressure on CP to withdraw its hostile bid. “I have closely followed Canadian Pacific’s attempts to merge with another railroad over the past several years, and after looking at the merits of the

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