Transportation TIP List: Week of November 8th, 2015

Posted - November 11, 2015

Transportation TIP List: Week of November 8th, 2015

Happy Veterans Day! We’d like to take a moment and say thank you to all of the men and women of the armed forces, both past and current, for their service to our country. Our thoughts and gratitude are with you today!

And while we have past and present military service members on our minds today, this week’s TIP List is looking to the future. From shipping for the digital age and a “smart” truck parking system, to virtual reality and the Internet of Things, the transportation industry is definitely looking ahead.

  • U.S. House Passes $325B Highway Bill: The House approved a bill to spend up to $325 billion on transportation projects on Thursday after a weeklong vote-a-rama and an intense debate about federal gas taxes. The measure also includes a reauthorization of the controversial Export-Import Bank’s charter, which has been held up in Congress since it expired in June.
  • Shipping for the Digital Age: Robots, autonomous vehicles, and other fancy hardware like drones are the cool new toys in logistics. But although logistics and transportation make up one of the largest markets on the planet, the relative lack of innovation in the sector is surprising.
  • West Coast Ports Widen Lead on Imports: West Coast ports handled more than half of U.S. seaborne imports for the first time in nearly a year, the latest sign that the region has shaken off the effects of last winter’s labor problems. In September, the Pacific ports handled 50.7% of imports into the U.S., measured by the value of goods.
  • US Shippers Shifting More Freight from Truck to Rail than Vice Versa: For the first time in nearly a year, more U.S. shippers say they are shifting freight from truck to rail than the other way around on improved intermodal service. Shippers said their expectations for intermodal volume growth through third quarter 2016 were their lowest in more than three years.
  • Virtual Reality: The Supply Chain’s Next Stage of Evolution: Virtual reality (VR) originally became commercially popularized through video games and movie media, but has since evolved for use in major urban development projects, to the point where it is being applied to manufacturing, retail, distribution, installation and healthcare supply chain operations.

 How are you showing your appreciation to our nation’s veterans today?