Revenues for U.S. 3PLs, which provide services ranging from booking truck drivers to managing warehouses, rose 7.4 percent to $157.2bn last year, faster than the 2.8 percent growth in logistics spending overall, according to the Council of Supply Chain Management Professionals, which recently released its annual State of Logistics report.
In 2014, the supply chain industry experienced its best year since the Great Recession, according to the State of the Logistics Report issued annually by the Council of Supply Chain Management Professionals and sponsored by Penske Logistics.
China's heavy and medium truck and tractor markets remained soft in the first quarter of 2015. Total sales (domestic and export) were just over 135,000 heavy trucks and tractors in Q1'15, compared to approximately 162,000 units sold in Q4'14, a decline of more than 33 percent year over year and 16 percent quarter over quarter. This was reported in the most recent China Commercial Vehicle Outlook, jointly published quarterly by ACT and China's State Information Center (SIC). The Outlook includes an overview of the China economy and a review and forecast of China's heavy and medium-duty truck and bus markets, as well as analysis of OEM market shares within China.
New "clean truck" standards have been proposed by the U.S. Environmental Protection Agency and the Department of Transportation to improve fuel economy and reduce pollution from the nation's freight trucks and buses.
U.S. average rates on the spot truckload market remained elevated during the week ending June 13, according to DAT Solutions, which operates the DAT network of load boards. Rates in all three equipment categories held firm on the heels of big increases during the first week of June.
Whilst welcoming the positive news of rising employment in the United Kingdom, the chief executive of the Road Haulage Association, Richard Burnett, has warned that a chronic skills shortage continues to affect the UK road haulage industry.
In 2014, renewable energy accounted for 9.8 percent of total domestic energy consumption. This marks the highest renewable energy share since the 1930s, when wood was a much larger contributor to domestic energy supply.
The transportation sector is moving away from oil slowly but surely. Driven by growth in the use of biofuels and natural gas, non-petroleum energy now makes up the highest percentage of total fuel consumption for transport since 1954, according to a new report from the U.S. Energy Information Administration (EIA).
Shifting from diesel fuel to natural gas to power the nation's heavy-duty commercial trucking sector would achieve widely promised climate benefits only if widespread emissions of heat-trapping methane across the natural gas value chain are reduced, according to a new study coauthored by researchers from Environmental Defense Fund (EDF) and published in the journal Environmental Science & Technology.