“Transportation’s Perfect Storm – the Sequel!” is a new white paper, sponsored by MercuryGate, that re-examines and enhances the list of best practices shippers can implement to avoid capacity shortages and lower transportation costs. MercuryGate is a leading Transportation Management System software provider.
Continuing the steady pace of increases in diesel fuel prices, the US Energy Information Administration has confirmed that diesel prices have reached the highest level in 2.5 years. Diesel fuel prices increased 4.4 cents last week and are currently sitting at $3.976 per gallon.
President Obama introduced a new energy-focused initiative last week that focuses on cutting down on diesel and gasoline usage in fleets by meshing electronic vehicles, alternative fuels and fuel-savings measures into daily operations. The five charter members of this initiative are PepsiCo, Verizon, AT&T, UPS and FedEx.
A new report by NAFTA’s Secretariat of the Commission for Environmental Cooperation cautions the US, Canada and Mexico against failing to adopt fuel-saving innovations to ensure economic competitiveness.
According to TransCore’s Truckload Rate Index, truckload rates were up across the board in March. Van rates increased 4 percent compared to February, while flatbed rates rose 2.5 percent and reefer rate rose 2.2 percent.
– Ben Dundas, Web Analyst