Today we sat down with Angie Twardawa, Co-Founder of RoadLites, a safety lighting solutions brand. She shares insights into their innovative products, the latest advancements in safety lighting, and how regulations and features differ between Europe and the U.S.
This isn’t the freight recovery we were promised… and Q1 earnings make that painfully clear.
In the latest episode of "The FreightCaviar Podcast", we sit down with Grace Maher and Jonathan McCormack of OTR Solutions. They shared their take on the current freight market, freight fraud, and talked about OTR's new platform for carriers.
AAR's report on mixed rail volumes for July 2023 offers insights into the complex economic trends in the U.S., reflecting both optimism and caution.
The Association of American Railroads (AAR) reported mixed results for July 2023 rail volumes, indicating varied trends in the U.S. economy. During the three weeks not including Independence Day, the highest-volume intermodal weeks of the year were recorded, suggesting robust economic activity in certain sectors. However, there was an "exceptionally weak" period for grain carloadings, an essential part of the agricultural supply chain, possibly implying challenges in the farming sector.
Overall, U.S. Class I railroads hauled 875,660 carloads last month, a slight decrease of 0.6% from July 2022, and 967,553 containers and trailers, a substantial decrease of 5.5%. AAR Senior Vice President John T. Gray noted that while these figures do suggest economic vibrancy in some areas, the decline in other sectors warrants caution.
Source: Railway Age
Whenever we see a market development that surprises us (ie volume increases in trucking), we look at other independent datasets to see how they are reacting.
— Craig Fuller 🛩🚛🚂⚓️ (@FreightAlley) August 5, 2023
One of those is weekly intermodal activity, which was telling a similar story - it is breaking away from seasonal lulls.… https://t.co/U0uPCS736V
Canadian rail operations to resume Monday amid labor dispute. Teamsters plan legal challenge despite government intervention.
9,000 railway workers locked out in Canada, risking $250M daily losses. Government orders arbitration to end dispute and restart crucial supply chains.
Ongoing disruptions at US-Mexico rail crossings lead logistics firms to seek alternative transport routes, including trucks and maritime solutions.
Union Pacific hits a revenue high despite a dip in carloads.
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