Transportation TIP List: Week of April 2nd, 2017
Just as college basketball recently crowned North Carolina its national champion, this week’s TIP List is following suit with trends that are winning over the transportation industry. Showcasing the news of the strategic alliance between Walmart, Facebook and Uber and potential legislation surrounding the sourcing of electricity — this list is a great rebound from all of the college basketball madness.
- Walmart, Facebook & Uber Form Alliance to Provide Unrivaled Commerce Experience: Walmart, Facebook and Uber recently announced that they are forming a strategic alliance that will “redefine and improve the buying experience for consumers around the world, from product search and discovery through final delivery.
- Despite Trump Move on Climate Change, Utilities’ Shift From Coal Is Set to Continue: The Trump administration’s move to roll back President Obama’s signature climate-change policy may extend the life of some aging coal-fired power plants, but some energy experts say it is unlikely to reverse the U.S. utility industry’s shift to different sources of electricity.
- Atlanta I-85 Collapse: Highway Could be Fixed by June 15: The traffic headaches from last week’s collapse of an elevated portion of Interstate 85 in Atlanta could be over faster than initially thought—sooner than previous estimates of at least several months.
- Grupo Mexico to Buy Florida East Coast Railway: Mexican mining and railroad company Grupo Mexico SAB has agreed to buy Florida East Coast Railway in a $2.1 billion deal, expanding its transport operations in the U.S. with the acquisition of the 351-mile railway.
- Large TL Turnover Rate Down to 71%; Smaller Carriers Down 16 Points: The ATA recently said that driver turnover in large truckload fleets sunk 10% to an annualized rate of 71%, the lowest point in six years. The rate at smaller fleets tumbled 16 points to its lowest level in five years.
What do new regulations mean for your logistics and supply chain operations?