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Capitol Agenda for the Week of Feb. 12: Infrastructure Week, Again

As we welcome President Donald Trump’s highly anticipated infrastructure plan, key policymakers will continue to dwell over the best strategies for funding and financing big-ticket infrastructure projects. A look at the week ahead for trucking on Capitol Hill.

February 12, 2018

Trump Says He’ll Unveil ‘Reciprocal Tax’ on Imports This Week

President Donald Trump said Feb. 12 that he will propose a tax on imports this week, reviving an idea he floated earlier in his administration that risks raising tensions with key U.S. trade partners.

February 12, 2018

Blockchain’s Promise for Trucking

The next phase in the evolution of freight transportation may very well be blockchain, a shared digital ledger that could increase the speed and accuracy of many kinds of transactions

February 12, 2018

Tax Law Sparks Questions on Purchases, Raises in Trucking

As transportation companies reap the rewards of tax relief stemming from the new tax law, some CEOs have reinvested the extra cash into new tractor-trailers or bonuses for their employees.

February 12, 2018

There Aren’t Enough Truckers, and That’s Pinching US Profits

Tyson Foods Inc. expects to pay $200 million extra for freight this year. Kellogg Co.’s logistics costs will rise nearly 10%. McCormick & Co. blamed increased shipping expenses for its failure to achieve a profit target.

February 12, 2018

Technology of Tomorrow to Be Key Topic at TMC Annual Meeting

Future advancements in the trucking industry will be at the forefront of the Technology & Maintenance Council’s 2018 Annual Meeting and Transportation Technology Exhibition set for early next month.

February 9, 2018

Maersk Drops as Company Misses Estimates After an ‘Unusual’ Year

A.P. Moller-Maersk A/S fell short of earnings expectations last year but promised its shareholders that profit at the world’s biggest shipping company will grow as much as 43% in 2018.

February 9, 2018

Analysis: The US Is Running Out of Truckers

Without enough trucks and drivers on the road, some combination of things is going to happen: Shipments will be delayed, and producers will have to pay higher prices to get goods to market.

February 9, 2018

Trudeau Threatens to Leave NAFTA Rather Than ‘Take Any Old Deal’

Canadian Prime Minister Justin Trudeau made some of his most aggressive comments to date on dealing with U.S. demands to rework the North American Free Trade Agreement, adding he still thinks he can get the right deal for his country.

February 9, 2018

Fulfillment Centers Moving Closer to Consumers

The growth in e-commerce is driving up demand for smaller industrial spaces nearer to cities so fulfillment firms can quickly get their products to customers, but it remains to be seen if fulfillment centers will start operating in suburban neighborhoods.

February 8, 2018