How Hurricane DORIAN can impact ocean shipping
The following "Transportation Happening" occurred during the past week that you may find of interest. How Hurricane DORIAN can impact ocean shipping (See attached)
Much of Southeast U.S. exempted from hours of service rules ahead of Dorian
Ten southeastern states, Puerto Rico and the U.S. Virgin Islands are included in an emergency declaration issued by trucking regulators as Hurricane Dorian approaches the east coast of Florida. “This Emergency Declaration addresses anticipated emergency conditions creating a need for…
Maersk Posts Profit, but Trade War Impact Foreseen; Cass Freight Projects Shipping Decline
1. MAERSK LINE, considered a "bellwether" of container shipping, announced a profitable quarter which sent their stock shares soaring 7%, quickly followed by 2+ % drop reflecting projected impact of US Trade War with China. The outlook for the remainder…
Uber and USPS Post 2nd Quarter Losses
The following "Transportation Happening" occurred during the past week that you may find of interest. 1. UBER saw a tremendous loss during the Second Quarter. (See Attached) 2. Like UBER, the U. S. Post Office had a tremendous loss in…
Next Tariffs Will Hit CPG More Heavily; Maersk Stock Impacted; Swift Must Pay for Poaching Drivers; Cargo Theft Down
The following "Transportation Happenings" occurred during the past week that you may find of interest. 1. Cargo theft rate was down by 14% during the Second Quarter of 2019 (See Attached) 2. The next Tariffs that may be assessed against…