Reuters (September 15)
“A railway hiatus is the last thing America needs.” Fortunately, “the narrowly averted shutdown of U.S. rail services should avoid widespread economic damage.” Even though trucks “carry the majority of freight in U.S. domestic shipments, rail still accounts for about $700 billion worth of annual shipments.”
Tags: $700 billion, Annual shipments, Averted, Domestic shipments, Economic damage, Freight, Rail services, Railway, Shutdown, Trucks, U.S.
Seeing Alpha (November 10)
“CPI came in red-hot again, up 0.9% month-over-month and 6.2% year-over-year, showing broad-based increases. The biggest contributors to price gains were energy, rent, food, and used cars and trucks.” As a result, “real average hourly earnings for American workers are down 1.2% year-over-year. Not exactly what we’re hoping to see.”
Wall Street Journal (September 26)
“The American supply chain has so far failed to adapt to the crush of imports as businesses rush to restock pandemic-depleted inventories.” At the ports of Los Angeles and Long Beach, two major shipping gateways, *more than 60 ships are lined up to dock, with waiting times stretching to three weeks.” The obvious fix, switching to 24/7 operations, remains problematic due to a shortage of trucks, storage and workers.
Tags: 24/7, Businesses, Depleted, Failed, Imports, Inventories, Long Beach, Los Angeles, Pandemic, Ports, Problematic, Restock, Rush, Shipping, Shortage, Storage, Supply chain, Trucks, Waiting
Reuters (September 13)
“Shortages of metals, plastics, wood and even liquor bottles are now the norm.” As these “hobble” the U.S. economy, “new challenges continue to arise, including hurricane disruptions to U.S. oil refineries.” Supply lines present additional challenges. “With so many manufacturers rushing to build supplies at the same time, the containers, ships, and trucks needed to move the goods often aren’t available, and have soared in cos…. That has disrupted some of the mechanisms that normally help keep supplies, and prices, in check.”
Tags: Basic materials, Bottles, Containers, Disruptions, Economy, Hobble, Hurricane, Liquor, Manufacturers, Metals, Oil refineries, Plastics, Ships, Shortages, Supply lines, Trucks, U.S., Wood
The Oregonian (April 22)
Lawmakers in Oregon may pass “a bill that would require owners of new, fuel-efficient cars and trucks to pay a fee for every mile they drive beginning in 2026. The legislation is intended to help address what transportation officials say is a grim financial reality facing Oregon and other states: Gas taxes are not a sustainable way to pay for highway and street maintenance projects.”
Tags: Cars, Fee, Fuel-efficient, Gas taxes, Highway, Lawmakers, Legislation, Oregon, Street, Sustainable, Transportation, Trucks
The Oregonian (April 22)
Lawmakers in Oregon may pass “a bill that would require owners of new, fuel-efficient cars and trucks to pay a fee for every mile they drive beginning in 2026. The legislation is intended to help address what transportation officials say is a grim financial reality facing Oregon and other states: Gas taxes are not a sustainable way to pay for highway and street maintenance projects.”
Tags: Cars, Fee, Fuel-efficient, Gas taxes, Highway, Lawmakers, Legislation, Oregon, Street, Sustainable, Transportation, Trucks
The Times of India (March 26)
“On day one of lockdown, supply of fruits and vegetables took a hit, despite the government having marked it out as an ‘essential service.’ Wholesale suppliers…say there are multiple logistics issues.” The largest “is the closure of state entry points and tolls across India. Some 1.2 crore trucks are said to be stranded across India” with some drivers “getting no food or water as dhabas remain closed for miles along highways, even as essentials rot inside the trucks.”
Tags: Closure, Essential service, Food, Fruits, Government, Highways, Lockdown, Logistics, Stranded, Supply, Tolls, Trucks, Vegetables, Water, Wholesale
New York Times (July 18)
“There is simply no credible way to address climate change without changing the way we get from here to there, meaning cars, trucks, planes and any other gas-guzzling forms of transportation. That is why it is so heartening to see electric cars, considered curios for the rich or eccentric or both not that long ago, now entering the mainstream.”
Tags: Cars, Climate change, Credible, Electric cars, Gas-guzzling, Mainstream, Planes, Transportation, Trucks
Wall Street Journal (January 7)
“Does Donald Trump understand business?” He might know real estate and branding, “but the President-elect’s Twitter assaults on auto companies make us wonder if he understands cross-border supply chains, relative business costs, regulatory mandates, or anything else about building and selling modern cars and trucks.”
Tags: Automakers, Branding, Business, Cars, Costs, Cross-border supply chains, Real estate, Regulatory mandates, Trucks, Trump, Twitter
Wall Street Journal (February 13)
“In 2013, the consumer item with the fastest sales growth was private jets. Last year: used cars and trucks.” As steady growth continues, the U.S. recovery “is now beginning to benefit the average consumer more than the few at the top of the income curve.”
Tags: Consumer, Income, Private jets, Recovery, Sales growth, Trucks, U.S., Used cars
