We’ve summarized the top 5 transportation and logistics news stories from April – check them out:
New CSA App Unpopular with Drivers. FMCSA recently released an app that makes carrier crash data public, without specifying who is at fault. Drivers dislike the CSA app, expressing concerns and frustration with the chance of being penalized even if an accident isn’t their fault.
Diesel Prices Hit 5 Year Low. During the week of April 13, cost of on-highway diesel dropped again hitting $3.754/gallon, which marks its lowest price since December 2009. The falling fuel prices doesn’t necessarily change fuel surcharges, though.
University of Miami Cuts Distribution Costs. A Professor at UM developed a math model that considers various aspects of distribution costs and offers a structured approach to negotiate rates to give manufacturers more cost-savings.
FedEx Intends to Buy TNT Express. To accelerate global growth, FedEx announced its bid for TNT Express – expected to close by June 30. This acquisition could bolster FedEx’s European operations and challenge international competitors.
Experts Say Capacity is Getting Better. Shippers want to lock up capacity and are willing to pay 4-6% more. Last year, unexpected supply chain disruptions tightened capacity, but this year, experts say, shows a more balanced atmosphere.
What transportation news was important to you this month? Share in the comment section below.