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Transportation TIP List: Week of August 21st, 2016

Posted - August 24, 2016

Transportation TIP List: Week of August 21st, 2016

The end of the summer is bringing so many exciting transportation topics to this week’s TIP List, we’re barely keeping up with demand! With our eyes on big issues such as the Labor Day spike in gas prices, new federal standards for the trucking industry and greenhouse gas regulations, we can’t wait to dive into this week’s list! Keep on truckin’ ahead for all of the hot August stories.

  • Trucking Industry Cautiously Embracing New Federal Standards: Major truck manufacturers and operators of large commercial fleets cautiously embraced federal standards requiring cuts in fuel usage of big trucks, one of the last in a long line of regulations President Obama has issued seeking to clamp down on greenhouse gas emissions across the U.S. economy.
  • Amid Low Demand, Spot Rates, US Truckers Look to Cut Costs: Whether the economy improves in the second half of 2016 or slides toward recession, trucking companies will have to travel in new directions, driven by high inventories, e-commerce, new regulations and increasingly complex supply chains.
  • Metric of the Month: Annual Sales Orders Filled per Warehouse Employee: The most resource-intensive logistics process is warehouse operations, and usually presents the greatest opportunity for improvement. The number of annual sales orders filled per “operate warehousing” full-time equivalent employee is a good proxy for warehouse operation efficiency.
  • Forget the Canal—Inland Ports Show Impressive Growth: Supply chain experts agree that the long-awaited Panama Canal expansion opening in late June is not likely to impact industrial activity in the short-term. However, U.S. inland ports have been quietly tearing up records for expansion and growing at nearly twice the national rate for industrial properties.
  • Louisiana Floods Delay Truck, Intermodal Rail Freight: Shippers moving intermodal rail and truckload shipments through southeastern Louisiana are grappling with shipment delays as severe flooding slows the rail and road network in the region for the third time this year.

What hot industry topics do you think are the most important to watch as we head into autumn?