May - 2018

Archive

Ship Size, Port Depth Impacting U.S. Oil Prices

The Energy Information Administration (EIA) recently offered a unique look at a couple of factors impacting the recent surge in U.S. oil prices. In 2017, U.S. crude oil exports averaged 1.1 million barrels per day (b/d), and they’re up to 1.6 million b/d so far in 2018. These are significant increases from the less than 0.5 million b/d in 2016. This growth in oil exports happened despite the fact that U.S. Gulf Coast ports are unable to load Very Large Crude Carriers (VLCCs).

Railway systems could be hackers' next big target — and derailing trains wouldn't be that ha

In early May of last year, the world was rocked by the WannaCry cyber attack, which affected more than 200,000 victims and spread to over 150 countries. Computers had essentially been taken hostage by ransomware, and users were asked to pay up in the form of bitcoin. Law enforcement agencies, health services, telecommunication networks, universities, businesses, and railway systems were all affected by the attack. Estimates of the total damage ranged from hundreds of millions

Fort Worth Is Now the 15th Biggest City In The U.S., And Frisco Is Booming, Census Says

Texas continues to be a people magnet. The state dominated a list of the country’s fastest-growing large cities, released Thursday by the U.S. Census Bureau. Dallas and Fort Worth had among the largest population gains last year. On the list of 15 cities nationwide with the most population growth, Dallas' increase of 18,935 people put it at No. 3, and Fort Worth was No. 4, with an increase of 18,664. Fort Worth's growth means the city is now the country's 15th biggest, the Ce

The End of the Line

Light rail is a very expensive way to move very few commuters. Nashville’s singers and songwriters have long liked to write about pickup trucks. Light rail? Not so much. And the city’s voters seemed to share this distaste when they went to the polls last month. They faced a choice encountered by people in dozens of U.S. cities in recent years: Would they hike their taxes to pay for a rail system? Music City’s political and business leaders were pushing an $8.9 billion plan to

1Q Numbers for Ports Show Continued Strong Growth

With data now in for the first third of the year, operators of some of the nation’s ports said they are setting records as the economy keeps booming — even as volume dipped at the nation’s largest port. At the country’s second-largest port, the year got off to a good start. Overall volume at the Port of Long Beach rose more than 17% to 2.5 million 20-foot equivalent units, or TEUs, during the first four months of 2018, with dockworkers handling 618,438 TEUs in April alone, a

Federal Transit Administration Announces $25.8 million for Transit Planning in Communities Nationwid

WASHINGTON – The U.S. Department of Transportation’s Federal Transit Administration (FTA) announced today the availability of $25.8 million in grant funds to support transit planning efforts in communities across the country. The competitive grant funds are provided through FTA’s Pilot Program for Transit-Oriented Development (TOD) Planning. A Notice of Funding Opportunity (NOFO) appears in today’s Federal Register. "It is important for communities and transit agencies to com

Feds: Uber Autonomous SUV Saw Pedestrian, Didn't Brake

Detroit – Federal investigators say the autonomous Uber SUV that struck and killed an Arizona pedestrian in March spotted the woman about six seconds before hitting her, but didn’t stop because emergency braking was disabled. In a preliminary report on the crash, the National Transportation Safety Board said Thursday that emergency braking maneuvers are not enabled while Uber’s cars are under computer control, “to reduce the potential for erratic vehicle behavior.” Instead, U

Forecast: 'Disruptive' Decade Will Include Massive Shift to e-trucks

By 2030 or earlier, the advantages of electric vehicles will virtually force fleets to switch from diesel to electric power, predicted futurist Tony Siba, author of “Clean Disruption of Energy and Transportation.” Siba spoke Wednesday at Transparency18. The two-day conference in Atlanta was produced by FreightWaves, a data analytics company, in partnership with the Blockchain in Transport Alliance and Georgia Tech. “The 2020s will be the most disruptive decade in history,” Si

Autonomous Technology Startups Look to Disrupt Last-Mile Delivery

Home delivery is poised on the edge of revolution. Last-mile delivery — as it’s referred to by logistics insiders — is one of the costliest links in the delivery chain. That’s why a handful of determined delivery startups aim to offer fast, efficient, on-demand home delivery. The goal is to eliminate the cost of delivery drivers by replacing them with self-driving delivery vehicles — some big and some small, some wheeled and some winged. A Trucks.com review of recent deals fo

Study indicates U.S. transit repair backlog could harm economy

If the $90 billion public transit repair backlog in the U.S. is not addressed soon, it could result in a $340 billion loss to the country's economy over the next six years, according to a study recently released by the American Public Transportation Association (APTA). Conducted by the Economic Development Research Group Inc., the report found that the loss in revenue would translate to a $180 billion loss in the country's cumulative gross national product, as well as a $109

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