BLOOMINGTON, Ind. — Intermodal volumes and related rates are on the rise this year, buoyed by a strong U.S. economy, but a shortage of rail capacity is also pushing more of the freight onto trucks, FTR Transportation Intelligence reports.
“We’re still expecting healthy growth in rates, even in the back half of the year,” said senior transportation analyst Todd Tanausky, during a webinar on the topic.
VANCOUVER — The Vancouver Port Authority should mind its own business. That, effectively, is what the B.C. Trucking Association is telling the VPA after it reportedly started warning truckers it would revoke port trucking licences of companies that, for whatever reason, failed to pay fees assessed by terminal operators.
TORONTO — Chief executives in the global transport and logistics industry admit they are less optimistic about growing their business than they were last year, according to a survey by PricewaterhouseCoopers (PWC).