The New Year has started off with a bang. With the stock market at record levels, unemployment at historic lows in Canada and the United States and a new U.S. tax bill that promises to put extra dollars in the hands of American purchasers, it is not surprising that consumer confidence is at a high. […]
Conducting Freight Bids in 2018 – It’s a New Ballgame
After a tumultuous 2017, the New Year is shaping up to be an eventful and momentous year for Freight Transportation. These are a few of the trends to watch in 2018. Trump Year 2 – the Sophomore Jinx and Crisis Management America and the world have lived through year one of an American rookie […]
Donald Trump created high expectations as he became president in January 2017. These expectations were fueled by his extensive list of campaign promises (https://www.washingtonpost.com/news/post-politics/wp/2016/01/22/here-are-76-of-donald-trumps-many-campaign-promises/?utm_term=.bb0ed2101fa1 ). While Trump made much of his “Make America Great Again” slogan, one can only look back on the past year as a major failure. While a high quality conservative judge […]
Here is my annual report on the top stories in surface transportation in the United States and Canada over the past year. These stories are not listed in order of importance. Economic Stability, Political Chaos, and Tightening Freight Capacity This has been a positive year for the economies of Canada and the United […]
Periodically, business conditions change. These changes can have positive or negative effects on certain sectors of the freight transportation industry. Intermodal transportation uses at least two modes of transportation (i.e. road, rail) to move freight. The intermodal option works best when the rail service provider has terminals within a fifty-mile radius of the origin and […]
Blockchain in Freight Transportation
7 years ago
Investopedia defines Blockchain as a distributed database that holds records of digital data or events in a way that makes them tamper-resistant. While many users may access, inspect, or add to the data, they can’t change or delete them. With Blockchain, transactions agreed by consensus are added to a block, a unique cryptographic code is […]
On October 11, my company co-hosted the 2017 Surface Transportation Summit with my partners at Newcom Business Media. I am very pleased to report that we had another packed house for what has become the premier educational and networking event in Freight Transportation in Canada. The day was again kicked off by one of […]
We have been hearing about the possibility of a trucking capacity shortage for several years. While there have been sporadic shortages in specific geographic areas, for particular modes, the predicted massive shortage never materialized. This year may be different. Two major hurricanes caused major damage to homes and infrastructure in Texas, Florida and adjoining areas. […]
Economic conditions are solid as we approach the first quarter of 2018. Unemployment is low and companies are hiring. Demand for freight transportation services should be strong during the first half of the New Year. Shippers need to contend with a range of variables that are shaping the supply and demand for freight transportation services. […]
This has been a challenging month. Hurricane Harvey caused huge damage in southeast Texas and Hurricane Irma is expected to cause major damage to Florida and the east coast of the United States (as it did to several islands in the Caribbean). We should not forget the recent forest fires in British Columbia and California. […]