Transportation TIP List – February 2015
Want to be in the know on important logistics topics and the latest industry insights? Then you’ve come to the right place! Our Transplace TIP List is here to help. We’re continuing our monthly blog post series highlighting the Transportation Industry’s Progression – with the goal in mind to curate a quick, handy list of articles showcasing current hot topics in transportation.
At the heart of February’s TIP List are some exciting trends spanning key verticals such as retail, chemical, manufacturing as well as oil and gas. Read on to see what was trending this past month – and click any of the links to view the full article!
- Obama Proposes $478B Transportation Bill: President Obama is proposing a six-year, $478 billion bill to boost the nation’s infrastructure. Funding for the proposal could be paid for with money generated by a one-time tax holiday for companies who have investments overseas.
- Top 6 Retail Trends to Watch in 2015: 2014 was an exciting year in retail. The consumer economy is back and new enabling technologies are blossoming across the retail solution landscape. In 2015, retailers will continue to invest in data-driven marketing and demand-driven retail execution frameworks that serve as competitive differentiators.
- Natural Gas Heavy Duty Trucking Fleet Could Benefit US Economy, but Not Climate: OPEC’s decision to favor a market-share approach rather than defend prices – and the subsequent fall in oil prices – has prompted a drop in drilling activity in the United States and layoffs in the oil and gas sector.
- 6 Reasons You Should Be Terrified About the Future of Transportation: According to a recent study, there are some serious transportation troubles afoot. Ancient infrastructure, a lack of renewable energy strategies and rapidly growing urban centers (that are buckling under the weight of the commuting residents that occupy them) are all major concerns.
- Bigger Container Ships Pose Bigger Risks: The big container ships that ply the world’s trade routes are growing ever larger and holding down the cost of ocean shipping, but their increasing size is straining unloading resources at some port facilities and —along with labor troubles — has contributed to major traffic snarls at West Coast ports.
- US Intermodal Shippers Warned of Rate Spike as West Coast Congestion Eases: Shippers can expect domestic intermodal rates to spike within the next month as U.S. West Coast ports regain productivity and shippers rush to move containers long-delayed by labor contract negotiations.
- Canada’s Railroads Gain Intermodal Cargo from US West Coast: U.S. intermodal volumes are dropping significantly in recent weeks while Canadian railways report higher intermodal traffic, providing further evidence that U.S. West Coast congestion and labor strife is spurring shippers to divert cargo to Canadian ports.
- Tight Capacity and Growing Demand will Push Truck Rates Up: A “freight storm” could follow the resolution of the West Coast port labor dispute, with truck rates rising sharply as shippers work to clear cargo from ports. Intermodal and truck rates could skyrocket this spring as shippers seek capacity to move containers stranded at ports for weeks.
- How Manufacturers Can Address Global Sustainability Challenges in 2015: In 2015, sustainability challenges and opportunities will expand as companies, consumers, regulators and activists demand greater attention to environmental and social issues such as climate change and conflict minerals.
- The Internet of Things: What It Means for the Chemicals Industry: Chemical companies are investing billions of dollars in technology solutions designed to capture, process and use data generated from a myriad of devices, partners and industry systems. And as these companies explore the Internet of Things, they are seeing substantial ROI.
Be sure to check back here each month for our TIP List compiling a sampling of the top trends and topics in the industry, including some of the most relevant supply chain stories, industry advancements and tales in trucking. And don’t hesitate to send questions, comments or other important TIP List topics our way!
What’s on your TIP List this month? Capacity concerns? Top retail trends? Leveraging intermodal?