Daily Transportation and Logistics News – Feb 7, 2011

cross-border tradeUS, Canada Pursue Trade, Security Overhaul

President Obama and Prime Minister Stephen Harper have agreed to work together to focus on improving the speed of cross-border trade as well as improving the cargo security strategies. Both Obama and Harper signed a pact on February 4th to show dedication to improving these relations.

LTL carriers seize pricing with rising yield, rates

The Less than Truckload pricing has noticeably changed in favor of the LTL freight carriers. For many shippers, discounts are falling and rates are rising. This opens a great time for all shippers to evaluate their shipping process when it comes to moving freight locally or across the country.

LaHood Calls for Substantial Highway Bill

Transportation Secretary, Ray LaHood is optimistic that the new surface transportation bill will be presented sooner than he expected. Recent meetings are showing a growing interest in getting it done soon.

New report shows the job-creating potential of smart transportation investments

A new report from Smart Growth America has been released showing that smart transportation spending can create jobs and grow our economy. This is a great report that evaluates the transportation spending in the stimulus.

STB Postpones Rail Competition Hearing to June 22

The Surface Transportation Board (STB) has postponed the hearing to discuss the railroad industry and possible regulatory changes until June 22nd.

TransCore’s CarrierWatch CSA Industry Report Finds Significant Differences among States’ CSA 2010 Scores

TransCore has announced the availability of the CarrierWatch CSA 2010 Industry Report, which covers approximately 166,000 carriers with commercial vehicles subject to the new CSA 2010 program. Many of their findings can be found in this news brief.

Lawmakers Target DOT for $4 Billion Spending Cut

The House Appropriations Committee is seeking a reduction in DOT spending of 17 percent from spending levels in 2010. These cuts do not apply to highway or aviation trust funds since it is being focused towards discretionary spending.

– Ben Dundas, Web Analyst