Logistics
February 26, 2016
Written by Sandy Williams
MID-SHIP Group sees evidence of a strong South American grain harvest helping to boost spot market freight levels for the dry cargo freight market.
Oversupply of vessels remains a problem and vessel lay-up and scrapping is continuing. MID-SHIP anticipates continued market pressure due to oversupply and slowing demand growth.
Iron ore shipments from US ports on the Great Lakes slipped in September from a year earlier, according to the Lake Carriers Association (LCA).
The Association of American Railroads (AAR) has agreed to rescind the Open Top Loading Rule (OTLR), according to a notice issued by the Recycled Material Association (ReMA).
Canadian steel producers will get new help moving material across the country under a federal freight rebate plan launched on Aug. 10.
Gregg Troian, industry veteran and president of both PGT Trucking and the Board of Directors at the American Transportation Research Institute, cautions that the trucking industry continues to face mounting obstacles.
Steel trade groups have come out in support of the Building Unrivaled Infrastructure and Long-term Development for America's 250th Act (BUILD America 250 Act)