The $75,000 Bond is No Cure-All Henry E. Seaton, Esq. MAP-21 requires any party which arranges for origin to destination shipments to hold either broker or freight forwarder authority and to post a $75,000 bond. The new Act does not apply to exempt traffic, to shipments moving in intrastate commerce, or to joint line service […]
April 8-10, 2014 The Renaissance, Marriott Atlanta, GA Register Now! We are excited for the opportunity to host another AHAA Member Meeting, conveniently located by the Atlanta Airport and look forward to seeing you there!Take Advantage of Nine Hours of Networking Opportunities! Establish New Partnerships and Reinvigorate Existing Connections Over the course of three days, […]
Continue to favor “owning the assets.” 1Q14 EPS results among asset-based transports to be pressured by weather-related expenses. However, healthy 1Q14 spot TL demand in seasonally soft January/February is shifting leverage during 2014’s bid negotiations from shippers to carriers. Early reads suggest 2014 core TL pricing growth is +2-3% yoy, reaccelerating from +1-2% yoy in […]
Tight capacity conditions–triggered largely by weather-related disruptions–are resulting in continued strength in spot truckload activity in February and core rate growth of roughly +3% yoy, above our initial expectations. Elevated operating costs due to severe weather 1QTD likely limit any 1Q14 EPS upside despite healthy spot market trends. However, we expect outlooks to be very […]
A proposed rule mandating Electronic Logging Devices (aka Electronic Onboard Recorders) is now projected to be published April 9, according to a monthly report from the Department of Transportation, who has been pushing back the projected publication date for the rule since mid-November.
A DOT audit has determined that the Federal Motor Carrier Safety Administration must be more careful about its collection, management and analysis of data, or the federal trucking regulator “will be hindered in its ability to effectively implement CSA nationwide and address the key concerns of industry stakeholders.â€
DB Schenker Rail has added a further route to its Eco Plus transport service for BMW in Germany. The service, which uses energy from renewable sources to drive traction, was first taken up by the carmaker last year for component shipments from Frankfurt to its plants in Regensburg and Landshut.
The Mexican Automotive Industry Association (AMIA) has released figures that show finished vehicle exports in January declined by 0.4% to 177,928 units, compared to January 2013. The organisation’s president, Eduardo SolÃs, noted that the decrease was due to a fall in the US market brought about by the current harsh winter.
There has been no let up in the political tension in the Crimea peninsula of southern Ukraine this week where thousands of Russian troops have occupied strategic locations, including the port of Sevastopol.
