Transportation: Page 459

Global Cold Chain To Grow 13.9% Through 2020

The global cold chain market is mainly driven by increasing need of efficient storage system for perishable goods to avoid wastage of food products.

Cold chains facilitate farmers to store perishable agriculture produce such as vegetables and fruits and increase its shelf life.

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Wine Rush: Getting Your Wine To Global Markets ...Highlights

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Amazon Bids To Become The Biggest Global 3PL

It's part of a strategy to make Amazon the largest third-party logistics (3PL) provider worldwide, from the U.S. to Africa, Latin America, India, and even China where the company has gained ground as it tries to compete with Alibaba and Tmall.

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Spot Truckload Rates Tumble In Week Ending Jan. 16

DAT Freight & Analytics

Diesel prices plummeted 7 cents to $2.11 per gallon, the lowest national average price since March 2009, and caused surcharges to be adjusted downward.

The U.S. average retail pump price for gasoline also declined this week by 3.4 cents to $1.822 per gallon, which is 24.6 cents cheaper compared to the same week in 2015.

Uber Prepares Food Delivery App In 10 Cities

In the coming weeks customers in such cities as Los Angeles, Chicago, New York and Austin, Texas, will be able to use a new UberEats app to order from the full menus of dozens of local restaurants and have their food delivered by an Uber driver.

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Ocean Ports & Carriers

Ports America To Exit Port Of Oakland, Invest Elsewhere

Ports America is active in planning its expansion and investment opportunities in its existing locations at both the Port of Tacoma and the ports of Los Angeles and Long Beach.

Idle cranes at the Port of Oakland.

Rail & Intermodal

Canadian Pacific Petitions Justice Department In Norfolk Southern Corp. Takeover Bid

Canadian Pacific Kansas City (CPKC)

CP is asking the U.S. Department of Justice to review recent actions by a number of major U.S. railroads who have stated publicly that they are organizing a collective campaign to block significant mergers in the railroad industry.

CP believes it is unfortunate that the company must take the very serious step of writing to the Department of Justice but ultimately concluded the unprecedented action of major competitors organizing to block a new entrant from enhancing competition to the U.S. merited the attention of the antitrust authorities.

Hershey Seeks Innovation Partner To Ship Chocolate In Hot Weather

The Hershey Company

Hershey has launched a contest calling for companies to help it develop a lightweight, affordable shipping system that will keep chocolate cool even in the warmest months.

U.S. Xpress Boosts Pay 13.5% For Safe OTR Drivers

U.S. Xpress implemented this pay raise to ensure the company continues to recruit and retain the industry’s most elite and safe drivers.

Starting on March 1st, 2016, U.S. Xpress will implement the safety performance-based pay scale where all OTR solo drivers who have 12 months safe driving record and are accident, CSA violation and ticket free, will earn an additional 13.5 percent. With this pay increase, a safe driver with 5 years of experience could make over $70,000 total compensation.

Feds To Scrutinize Safety Of Canadian Pacific Railway/Norfolk Southern Merger

Canadian Pacific Kansas City (CPKC)

The Federal Railroad Administration, which regulates safety for the U.S. industry, expects to scrutinize the "significant safety hurdles" that would result from merging any of the nation's major railroads.

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FMCSA Announces Stricter Safety Rules For Trucks

Federal Motor Carrier Safety Administration (FMCSA)

The proposal would update FMCSA’s safety fitness rating methodology by integrating on-road safety data from inspections, along with the results of carrier investigations and crash reports, to determine a motor carrier’s overall safety fitness each month.

The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) announced a rulemaking proposal designed to enhance the agency’s ability to identify non-compliant motor carriers.

Ocean Ports & Carriers

Amazon Moves Into Ocean Freight Forwarding

The Seattle retailer registered itself with a federal agency overseeing ocean transportation, a step towards allowing it to serve as an intermediary for suppliers shipping merchandise in or out of the U.S.

A slowdown in Chinese economic growth has hammered the global shipping industry, which exited the Great Recession to take advantage of low interest rates to buy new ships to handle a rising amount of coal, iron ore and consumer goods. But as China’s factories scale back and the economies of Europe and North America gear down, the amount of cargo traversing the oceans has slowed.

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