Trucking —
- As of January 29th, the national average price of diesel is $3.867.
- Seeing a 2.9 cent increase, compared to the week prior.
- FMCSA rulemaking on truck speed limiters is delayed again, set to be published in May.
- In Q3 of 2023, parts and labor costs rose 1.9% – per a report by ATA Technology & Maintenance Council and Decisiv Inc.
- On a year-over-year basis, part costs were up 0.9% and labor costs increased by4.9%, with a combined increase of 2.5%.
Rail —
- Charleston ports continue to invest in rail to help with growth in the Southeast.
- BNSF announces nearly $4 billion in their 2024 capital investment plan. Some of the maintenance projects include: replacing and upgrading rail; track infrastructure; and maintaining its rolling stock, per Railway Age.
Cross-Border —
Canada:
- Transport Canada is proposing a change to the Transportation of Dangerous goods regulation (TDGR).
- Still under review but could create cost increases for companies in how they handle DG imports, new equipment investments or training employees for regulation compliance.
- Some amendments in the proposal include: enhancing buffer car requirements, strengthening emergency response assistance plan requirements, aligning regulations with other federal rules on transportation of DGs, and more.
Recent Comments