Transportation TIP List: Week of January 20th, 2019
This week, the nominations for the 91st Annual Academy Awards were announced, highlighting the greatest cinematic achievements from the past year. And just like the Oscars, some of the premier trends within the supply chain industry are headlining this week’s TIP List – including regulations to watch in 2019 and the recent increase in rail traffic. See who snagged our nominations for this week’s top story!
- 5 Regulations to Watch in 2019: The ELD mandate transformed the trucking industry last year – and while the dust has finally started to settle, more changes could be on the horizon. While there likely won’t be any new regulations that are as transformative as the ELD mandate, there are 5 regulations that transportation professionals should keep an eye on in 2019.
- Freight Rail Traffic – Everything is Up: The Association of American Railroads (AAR), in reporting U.S. rail traffic for the week ending Jan. 12, 2019, noted that carloads and intermodal volume both experienced healthy increases. As well, there were gains in all carload commodity groups.
- Better Mexico Intermodal Key to Attract Smaller Shippers: With truck capacity tightening, Mexican intermodal rail operators are attracting small and medium-sized shippers to the service to help reduce container dwell times at marine terminals and inland hubs. This is all in efforts to provide wider and more reliable service.
- Inflation Pressure Cools, but Trucking Rates Keep Climbing: The Bureau of Labor Statistics reported that the producer price index fell 0.2% in December from November’s levels. This fell short of consensus estimates of a 0.1% decline and follows a modest 0.1% gain in the prior month.
- High Level of December U.S.-Bound Waterborne Shipments Finishes a Strong 2018: U.S.-bound waterborne shipments in December capped a record-breaking year for global trade, according to Panjiva. December shipments, at 1,053,009, marked an 8.8% annual increase, and full-year 2018 shipments, at 12,346,524, were up 6.4% annually, setting single-month and full-year records.
What industry trends are you watching this week?