The Top Headlines in Freight, Transportation, & Logistics from FLS Transport
The FLS Weekly Freight Report covers the week’s top news in logistics, transportation, shipping, and freight. This week’s report covers nominations for exemplary truck drivers and transportation companies, ways to save on fuel costs, peak shipping season starting early, FMCSA extending drive time waiver, and manufacturing revenue growth.
- EXEMPLARY DRIVERS | Do you know a truck driver or trucking company that deserves an award?
- FUEL COST SAVINGS | What are trucking companies doing to save on fuel costs?
- PEAK SEASON STARTS NOW | The peak season for shipping and transportation could start this month.
- DRIVE TIME EXTENDED | The FMCSA extends the waiver that increases commercial trucker driving time.
- REVENUE GROWTH | How much higher can revenue grow in the manufacturing industry this year?
EXEMPLARY DRIVERS | Do you know a truck driver or trucking company that deserves an award?
Do you know a truck driver or trucking company that deserves an award?
Acuity Insurance is seeking entries for their 5th Annual National Truck Driver Appreciation Week Essay Contest.
This year’s theme is “Heroes in Trucking– Tell us your story!”
Find the details on the contest here in addition to the prizes.
FUEL COST SAVINGS | What are trucking companies doing to save on fuel costs?
Peak performance and efficiency are essential in every competitive environment.
Professional athletes do everything they can to increase performance and be as energy-efficient as they try to win over the competition.
Trucking companies are embracing new products and technologies to improve and monitor trailer performance to save on fuel consumption.
A fuel economy test on different technologies saved $5.04 gallons per 1,000 miles, a 4.18% reduction in fuel consumption.
What products resulted in these savings?
PEAK SEASON STARTS NOW | The peak season for shipping and transportation could start this month.
As the US ports are catching up, port executives predict that the shipping peak season will start even earlier this year.
Estimates say that importers are trying to ensure their goods are here well before the fall shopping season, which means peak season could start at the end of June.
To see what the ports have done to prepare for the early peak season, click here.
DRIVE TIME EXTENDED | The FMCSA extends the waiver that increases commercial trucker driving time.
The FMCSA extended and amended the waiver allowing commercial drivers to stay on the road longer.
The waiver for property-carrying vehicles extends through August 31st, and they modified the allowable cargo that can be transported.
See the new transportation modifications here.
REVENUE GROWTH | How much higher can revenue grow in the manufacturing industry this year?
How much higher can revenue grow in the manufacturing industry this year?
The Institute for Supply Chain Management (ISM) stated that the manufacturing industry could see a 9.2% revenue gain, toping the original estimate of 6.5% in its Spring Semiannual Report.
Additionally, 16 of the 18 manufacturing sectors tracked are expected to see revenue growth in 2022.
Dive deep into the data and see all the forecasts here.
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