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    Your Weekly Audit of Industry News for Friday, September 22, 2023 - GGG Logistics

    Your Weekly Audit of Industry News for Friday, September 22, 2023

    Shippers & 3PLs

     

    ‌FMCSA Told To Make All Carrier Complaint Data Public

    ‌FreightWaves, September 19

    A government audit has determined that the Federal Motor Carrier Safety Administration should make its complaint database more transparent to improve its usefulness for truck drivers.

     

    Amazon, Target To Hire Thousands Of Workers Ahead Of Holiday Season

    ‌The Wall Street Journal, September 19

    Amazon.com and Target said they would hire thousands of workers as part of their annual hiring sprees as retailers prepare for the busy holiday shopping season.

     

    Transportation Markets

    Diesel Price Rises 1.1%

     

    Sept. 11-17: While the spot market showed signs of improvement last week, load-to-truck posts were down among all three tracked equipment types. Van and reefer load-to-truck posts decreased by double digits, while diesel prices rose only slightly.

     

    Source: DAT Trendlines™

    Rivals Pick Over Old Yellow Freight Assets As Shippers Plan For LTL Rate Hikes

    ‌Logistics Management, September 15

    The dismantling of Yellow Corp. assets has begun, and so has the realignment of the $58 billion less-than-truckload (LTL) landscape.

     

    Carrier Exits Slow In August, Signaling Silver Lining

    ‌Trucking Dive, September 19

    Carrier exits in August were not as steep as earlier months, suggesting potential stabilization in the trucking market, according to a report by Motive analyzing federal data.

    ‌Port Of Los Angeles Sees The First Volume Increase In 13 Months

    ‌Supply Chain Dive, September 19

    ‌Cargo volumes at the Port of Los Angeles rose 3% YoY to 828,016 TEUs in August, marking the first increase in 13 months, port officials said.

    ‌National Diesel Average Rises For The Ninth Consecutive Week, Reports EIA

    ‌Logistics Management, September 19

    ‌The national average price per gallon of diesel gasoline continues to head in one direction—up—with data issued today by the Department of Energy’s Energy Information Administration (EIA) pointing to the ninth week of consecutive gains.

    Economy, E-Commerce & Supply Chain

     

    Women in Supply Chain: What They’re Doing Matters To the Future of Supply Chains

    ‌Supply & Demand Chain Executive, September 18

    Of those 426 submissions, 341 were named winners due to their exemplary applications, which told a story about their journey, provided examples as to their achievements and provided a snapshot into their day-to-day lives as a female in the supply chain and Worldwide Express’ very own Bethany DeAngelo and Kate Cook are two of the winners!

    Experts Warn Of Dire Supply Chain Effects From Prolonged UAW Strike

    ‌FreightWaves, September 18

    Logistics and supply chain experts are sounding the horn warning that the ripple effects of the targeted United Auto Workers strike manufacturing strikes against the Detroit Three will hit the trucking industry hard and could leave the smaller tier 2 and 3 suppliers filing for bankruptcy.

     

    Transport Technology & Innovation

     

    Where’s The Signal? Warehouse Robots Are Searching For Stronger Internet Connections

    ‌The Wall Street Journal, September 17

    ‌Logistics companies say the latest automation technology demands new investment to keep the machines on track and goods moving.

    ‌Driverless Carmakers Are Pivoting To Trucks

    ‌Transport Topics, September 18

    “It is becoming more and more evident that automating trucks and transportation on highways is a more realistic goal for AVs than solving the general urban traffic automation problem,” said Dimi Astropolous, senior scientist at Carnegie Mellon’s Robotics Institute and the National Robotics Engineering Center.

     

    Government, Safety & Labor

     

    BNSF And Maintenance-Of-Way Union Reach Sick Leave Agreement

    ‌FreightWaves, September 19

    BNSF and the Brotherhood of Maintenance of Way – Employes Division (BMWED) have struck a sick leave deal for union members. 

    California’s Zero-Emissions Rule Triggers a Run On Diesel Rigs

    ‌The Wall Street Journal, September 20

    ‌Carrillo’s is one of many logistics companies loading up on diesel big rigs as California prepares to roll out a rule requiring that trucks purchased after Jan. 1, 2024, that serve the state’s ports be zero-emission vehicles.

    ‌House Passes Internal Combustion Engines Legislation

    ‌Transport Topics, September 19

    ‌Legislation aiming to block efforts designed to prevent the sale of internal combustion engines was recently approved in the U.S. House of Representatives.

     

    Supplemental Data Sources

     

    Your feedback is encouraged!

    The freight industry moves fast and we do our best to stay on top of it by providing you with the most notable stories of the week. To make this Industry News Update of best value to you, the Marketing team appreciates any comments or suggestions you might have for improvement. Simply reply to this email or contact marketing@globaltranz.com at any time to share your feedback.

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