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Government, Business, Logistics

Surging Shipping Rates Pose New Headwind for Global Economy

Shipping containers sit next to gantry cranes at the Yangshan Deepwater Port in Shanghai, China, on Jan. 11. Shipping containers sit next to gantry cranes at the Yangshan Deepwater Port in Shanghai, China, on Jan. 11. (Qilai Shen/Bloomberg News)

Shocks to supply chains are engulfing a wider swath of the global economy as the pandemic rages on, threatening to stifle Asia’s trade-led recovery just as soaring freight rates make it harder for businesses to weather another year like 2020.

January 14, 2021
Business, Equipment, Logistics

East Coast Warehouse Acquires Temp-Distribution of Maryland

Temperature-controlled logistics provider East Coast Warehouse & Distribution has acquired Temp-Distribution of Maryland Inc.

January 14, 2021
Government, Business

US Jobless Claims Jump by Most Since March, Approach 1 Million

A contractor frames a house under construction in Utah in December 2020. (George Frey/Bloomberg News) A contractor frames a house under construction in Utah in December 2020. (George Frey/Bloomberg News)

Applications for U.S. state unemployment benefits surged last week by the most since late March, pointing to persistent labor market pain as coronavirus infections continue to soar and potentially adding to momentum for a larger federal stimulus plan.

Olivia Rockeman | Bloomberg News
January 14, 2021
Business

Transport Topics Radio

Transport Topics Radio

Transport Topics Radio is a weekly news roundtable airing Saturdays on SiriusXM channel 146 from 1-3 p.m. ET and rebroadcast Saturday nights from 11 p.m.-1 a.m. ET, and Sundays from noon-2 p.m. ET and 9-11 p.m. ET. Check out this week's lineup.

January 14, 2021
Business, Equipment, Fuel

Diesel Forward Acquires Dipaco

Worker at Diesel Forward plant A production worker at a Diesel Forward facility. Diesel Forward provides aftermarket diesel-engine fuel systems and technical components for light-, medium- and heavy-duty and off-highway vehicles. (Diesel Forward)

Diesel Forward is expanding its diesel fuel systems services by increasing its repair parts offering with the acquisition of Dipaco.

January 14, 2021
Government, Business, Logistics, Top 50

DB Schenker Halts Deliveries to UK Due to Brexit Trouble

A freight truck operated by DB Schenker stands at the Port of Helsinki in Finland. A freight truck operated by DB Schenker stands at the Port of Helsinki in Finland. (Ville Mannikko/Bloomberg News)

DB Schenker, a major logistics company owned by German rail giant Deutsche Bahn AG, suspended deliveries to the U.K. due to “significant” problems caused by post-Brexit red tape.

Joe Mayes | Bloomberg News
January 14, 2021
Government, Business

‘No Excuse for Failure’ on Infrastructure Policy, US Chamber Leader Says

Crew works on Indiana bridge A crew works on a bridge in Indiana. “[Infrastructure] is the No. 1 way to raise productivity, to create jobs and drive up incomes in a hurry,” U.S. Chamber of Commerce CEO Tom Donohue said. (Indiana Department of Transportation)

Approving comprehensive legislation aimed at upgrading the country’s infrastructure systems is a way for the incoming Biden administration to stimulate an economy hard-hit by the pandemic, the leader of the U.S. Chamber of Commerce said.

Eugene Mulero | Senior Reporter
January 13, 2021
Government, Business, Safety

FMCSA Names Members of Its MCSAC Advisory Committee

Trucks on highway John Sommers II for Transport Topics

The Federal Motor Carrier Safety Administration on Jan. 13 announced this year’s members for its Motor Carrier Safety Advisory Committee, which includes a record number of women as well as its first female vice chair.

Eric Miller | Senior Reporter
January 13, 2021
Government, Business, Fuel

EPA Readies Biofuel Waivers, Delays for Trump’s Final Days

Steam billows out of a smokestack at a biorefining facility in Iowa. (Sergio Flores/Bloomberg News) Steam billows out of a smokestack at a biorefining facility in Iowa. (Sergio Flores/Bloomberg News)

The Trump administration is expected to exempt some oil refineries from 2019 mandates to use renewable fuel as it readies possible last-minute moves on U.S. biofuel policy.

January 13, 2021
Business, Technology, Equipment

US Trailer Orders in December Surge Past Year Earlier

Wabash Trailers on an assembly line at a Wabash manufacturing plant. (Wabash Trailers)

U.S. trailer orders in December jumped 140% from a year earlier as they cleared 42,000, ACT Research reported, citing trailer makers’ initial data.

Roger Gilroy | Senior Reporter
January 13, 2021

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