Steel Blog

Commerce Depends on Nation’s Trucks

Tuesday, August 15, 2017 3:46 PM Written by
Published in Truck

Trucking industry revenues hit $676.2 billion in 2016, nearly 80 percent of the nation’s total freight bill, reports the American Trucking Associations in the trade group’s just released “ATA American Trucking Trends 2017” report.


Michigan Governor Rick Snyder has asked the state’s members of Congress to begin the process of obtaining funding for a renovation of the Soo Locks.

“The Soo Locks are crucial shipping link for some our nation’s biggest industries,” said Snyder. “The increase in outages from maintenance, redundancy and capacity issues poses significant economic consequences for both Michigan and the nation. That’s why I’m calling on the federal government to fund the much needed construction of this aging infrastructure.”


Logistics Report for Late March 2016

Tuesday, March 29, 2016 5:23 PM Written by
Published in Shipping and Logistics

Business conditions are still terrible in the ocean freight market as vessel operators cope with oversupply of ships and weak demand.

Wrote MID-SHIP in the March 24 MID-SHIP Report, “The freight markets are at levels not seen or experienced for 30-35 years and there is no silver bullet in sight, even though there is a general consensus developing that we have likely bottomed out but do not see a quick recovery for the market generally.”


Wildcat Strike Hits Ports of NY-NJ

Saturday, January 30, 2016 8:44 PM Written by
Published in Shipping and Logistics

A wildcat strike hit the ports of New York and New Jersey on Friday morning. Shortly before 11:00 a.m the Port Authority New York-New Jersey issued an advisory, “There is an apparent labor walk off at all PONYNJ terminals. No truck operations at this time.”

The walkout by more than 1000 longshoremen was not sanctioned by the International Longshoremen’s Association and took union officials by surprise. The reason for the work stoppage was not immediately apparent but reports by union officials point to concerns regarding alleged interference by the Waterfront Commission of New York in collective bargaining, regulations on time off after injuries and drug testing protocols.


FAST Act to Get Final Vote This Week

Wednesday, December 02, 2015 6:54 PM Written by
Published in Shipping and Logistics

The House and Senate reached an agreement on a compromise transportation bill which calls for spending of approximately $205 billion on highways and $48 billion on transit projects over the next five years. The Fixing America’s Surface Transportation (FAST) Act will be paid for with gas tax revenue and $70 billion in offsets from other areas of the federal budget. The legislation also revives the Export-Import Bank, a self-sustaining agency that helps finance the export of American goods and services, extending its charter until 2019.


Transportation Legislation to Get Final Vote This Week

Wednesday, December 02, 2015 3:47 PM Written by
Published in Shipping and Logistics

The House and Senate reached an agreement on a compromise transportation bill which calls for spending of approximately $205 billion on highways and $48 billion on transit projects over the next five years. The Fixing America’s Surface Transportation (FAST) Act will be paid for with gas tax revenue and $70 billion in offsets from other areas of the federal budget. The legislation also revives the Export-Import Bank, a self-sustaining agency that helps finance the export of American goods and services, extending its charter until 2019.


Second Quarter Driver Turnover Rises at Large Truckload Carriers

Tuesday, October 13, 2015 2:38 PM Written by
Published in Truck

ATA, Arlington, Va. – Turnover at large truckload fleets rose three percentage points in the second quarter of the year to an annualized rate of 87%, according to American Trucking Associations’ Chief Economist Bob Costello.

“While below recent averages, driver turnover is still high and a sign of a very competitive market for qualified drivers,” Costello said “We repeatedly hear from carriers that they are unable to find enough qualified drivers, leading to fears of a growing driver shortage and these numbers reflect that.”


Blockage on Rouge River Delaying Delivery of Ore to Steel Mills

Sunday, September 06, 2015 7:00 PM Written by
Published in Barge/Ship

Shipping on the Rouge River in Detroit has been at a standstill ever since a bank collapsed on Aug. 23 blocking the waterway near the Carmeuse Lime dock.

Freighters attempting to bring iron ore and other raw materials to steel mills in the area have been unable to complete deliveries and dock inventories are declining as a result.


Steel Summit Conference: Logistics Panel

Friday, July 24, 2015 1:46 PM Written by
Published in Shipping and Logistics

Everyone in the steel business has had their own experience with moving steel from one place to another, and not always a positive one. The logistics of steel are always a challenge, and this year Steel Market Update has assembled experts from trucking, barge and the ports, to share their thoughts regarding the challenges of moving steel in 2016 and beyond. This group will also speak to what everyone in the industry should be considering to minimize disruptions and improve their company’s ability to deliver to the right place at the right time in the right condition.

Rebecca Brewster is President and Chief Operating Officer of the American Transportation Research Institute (ATRI). ATRI conducts transportation research with an emphasis on the trucking industry's essential role in a safe, efficient and viable transportation system. Recent studies have included: “For-Hire motor carriers operational cost survey”, a list of the top truck freight congestion locations, and a white paper that highlights a driver shortage brought on by the dramatic shift in the age of the industry’s driver workforce. Rebecca spoke at our 4th Steel Summit Conference and was well received by those attendees.


8 Days Until SMU Boards M/V James R Barker

Sunday, July 19, 2015 3:17 PM Written by
Published in Barge/Ship

In a little more than a week, SMU founder and publisher, John Packard, will board the M/V James R Barker in Two Harbors, Minnesota. The ship will be loading approximately 58,000 tons of iron ore pellets which are destined for ArcelorMittal's plant at Indiana Harbor, Indiana. During the trip John will be communicating with his readers and those interested in learning more about travels aboard an iron ore carrier.

You will be able to follow John and his adventure on the Steel Market Update blog (www.SteelMarketUpdate.com) or by Twitter by following SMUsteel or the hashtag #bonvoyage. Tell your steel related friends...


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