Louisiana Weather Causes Shipment Delays. Louisiana called a state of emergency after heavy rainfall affected the region. More than 280 state roads have been flooded and closed, affecting intermodal rail and truckload shipping. “It’s a major disaster,” said Rodney Mallett of Louisiana Department of Transportation and Development. (Learn more here.)
Market Condition: Continued Price Declines.
The most recent edition of the Truckload and Intermodal Cost Index reflects the ongoing stretch of rate declines for both modes. Truckload rates dropped 1.6% annually in July, marking the 5th straight month of annual declines. July’s intermodal rates were down 2.4% annually. (Read more here.)
GHG and Fuel Efficiency Rules Set. The EPA and DOT’s NHTSA finalized standards for medium- and heavy-duty vehicles that will improve fuel efficiency and cut carbon pollution. The final rules build on the fuel efficiency and greenhouse gas emissions standards already in place. (How Will Shippers Be Affected by Green Regulations?)
FAA Permits Test Delivery Drones in US. Alphabet, Google’s parent company, will be flying drones in designated areas to gather data to develop an airspace management system. Google is pressing for product delivery-by-drone within the next 3 years. (When Will Your Products Be Delivered by Drones?)
100 Great Supply Chain Partners Announced. SupplyChainBrain identifies emerging trends, technologies and best practices, forward thinking ideas and cutting-edge solutions, and every year, the publication identifies 100 great supply chain partners. Click here to see this year’s list!
Jumbo Cargo Ships Pass through Panama Canal. The Panama Canal Authority announced that 40 container vessels have transited the waterway since the expansion project opened. The pace is expected to double during the third quarter and keep rising. (Read more about the Panama Canal’s expansion & it’s impact on US transportation here.)