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30
Nov
TESLA UNVEILS ELECTRIC SEMI-TRUCK
At a recent event, Elon Musk unveiled the new Tesla electric Semi-truck with the following stats: • 0-60 in 5 seconds • 0-60 with 80,000 max gross weight in 20 seconds • 65 up 5 percent grade at max gross […]
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30
Nov
UPS RATE INCREASES
As anticipated, United Parcel Service (“UPS”) has followed FedEx and announced its Annual General Rate Increase (“GRI”), to be effective December 24, 2017. The UPS GRI will affect all UPS Ground, UPS Air, UPS International Services, as well as all […]
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15
Nov
October imports turn in strong performance, reports Panjiva
By Jeff Berman, Group News Editor-LM The ongoing trend of very positive momentum for United States-bound waterborne shipments remained firmly intact in October, according to data released this week by global trade intelligence firm Panjiva. October shipments rose 3.2% annually […]
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15
Nov
2017 air cargo trend
The air cargo industry has gone from dejection to elation in just a year, said analyst WorldACD in its latest report, covering September. WorldACD points out that September 2016 saw volume growth of more than 5% year-over-year (YoY), a level […]
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09
Nov
USPS To Build Self-Driving Mail Truck As Soon As 2025
The U.S. Postal Service (USPS) Inspector General’s office says it anticipates that autonomous vehicle technology will add only $7,000 to $10,000 to the purchase price of a postal truck by 2025. The United States Post Office is partnering with the […]
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16
Oct
Gloomy Outlook for Container Lines
Container spot rates from Asia to North Europe slumped this week, losing about 4% in value. Following the Chinese Golden Week holiday, spot rates are continuing to slide and are now trending below long-term rates. The short-term market has had […]
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11
Oct
KEY FACTORS BEHIND TIGHTENING TRUCK CAPACITY
There has been a growing industry wide concern related to upcoming truck capacity and how this will affect shipping as we know it moving forward. There are many factors currently influencing this tightening of capacity, including freight demand hitting peak […]
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11
Oct
LEGISLATION PROPOSED TO TAX FREIGHT FOR FUNDING NEGLECTED INFRASTRUCTURE
There is little dispute that the United States infrastructure is in need of significant repair and upgrading, however the means to fund such projects has been unclear and disputed for years. A fixed amount federal excise tax on gas and […]
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03
Oct
Tightening Truck Capacity: What You Need to Know
You may already be very aware that truck capacity has been tightening steadily across the country. There is also a large-scale driver protest starting today, October 3rd, and running through Sunday, October 8th which may turn into a national strike. This […]
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21
Sep
Automated Export System – Updates
The Automated Export System is used by the US Government for compiling trade statistics. It is also US law to report shipment date via AES filing when sending any exports out of the country valued over $2,500.00. To see common […]
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