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Transportation: Page 410
Transportation
DAT Freight Index: Seasonal Demand Boosts Freight Rates in May
DAT Freight & Analytics
Seasonal shipments, along with rising fuel costs, pushed freight rates higher in May, with dry van and refrigerated rates hitting their highest levels since January and flatbed rates setting a new record.
Ocean Ports & Carriers
Dockworkers and Ports Reach Labor Agreement
International Longshoremen’s Association (ILA)
Dockworkers at the US East and Gulf Coast seaports have reached a tentative six-year contract agreement with port operators.
Clean Energy
Sysco Announces Solar Garden Project
Sysco
The renewable energy project will support 10 percent of Sysco’s US electricity usage
Risk/Compliance
Safeway.com Teamsters Vote to Authorize a Strike
Safeway Inc.
Safeway.com Teamsters at Local 174 and Local 313 vote to authorize a strike against the grocery home delivery company.
Trucking
Spot Truckload Capacity Tighter to Start June
DAT Freight & Analytics
Demand outpaced capacity during the week including Memorial Day as the number of truck posts on DAT load boards dropped 18 percent while load posts fell just 9 percent.
Ocean Ports & Carriers
CMA CGM collaborates with startup Shone to embed artificial intelligence on board ships
CMA CGM
This collaboration enables Shone to access the CMA CGM Group vessels to finalize the development of artificial intelligence systems on board container ships.
Transportation
New Uber Freight Feature Targets Small Companies
Uber Freight
The tool allows dispatchers to find and assign loads based on multiple drivers' availability without having to leave the app.
Transportation
Wisconsin Farmers and Truckers Face New Restrictions
Wisconsin farmers and truckers will not have to take detours and haul half-filled loads due to a new weight restriction imposed on nearly 200 bridges across the state.
Trucking
Spot Rates Rise Ahead of Holiday Weekend
DAT Freight & Analytics
The number of spot market loads on DAT load boards increased 1.3 percent and truck posts rose 2.2 percent during the week ending May 26, although there were signs of tighter capacity ahead of the Memorial Day weekend.
Transportation
Consumer Prices Hit by Trucking Shortage
There's a shortage of 50,000 truck drivers across the country and consumers are starting to see prices rise.
Ocean Ports & Carriers
Maersk Set Up First Blockchain-Based Marine Insurance Platform
A.P. Moller- Maersk
AP Moller-Maersk has set up the first blockchain-based marine insurance platform Insurwave.
Ocean Ports & Carriers
Maersk Line to Double Service to Port of Montreal
Maersk Container Industry (MCI)
Trade between Canada and Europe is growing because of the Canada-European Union Comprehensive Economic and Trade Agreement.
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