The Weekly Freight Report for October 13th, 2022
The Top Headlines in Freight, Transportation, & Logistics from FLS Transportation Services
This week’s report covers rail worker contract rejection, rising diesel prices, tightening capacity, hacked truckers, and female truck driver demand.
- RAIL REJECTION | Rail workers reject the proposed contract terms from the freight railroads.
- CHANGING DIRECTION | How high will diesel prices rise ahead of peak season?
- CAPACITY CHANGES | Could capacity be tightening as peak season approaches?
- TRUCKERS HACKED | Cybercriminals profit from targeting truckers.
- WHAT WOMEN WANT | The trucking industry can be alluring to women seeking careers with independence and excitement.
RAIL REJECTION | Rail workers reject the proposed contract terms from the freight railroads.
It’s back to the negotiating table for the rail industry.
The Brotherhood of Maintenance of Way Employes Division (BMWED) members rejected the contract terms from the freight railroads this week.
If the two sides can not agree, approximately 26,000m workers who build and maintain the US tracks, bridges, buildings, and other structures will go on strike on November 14.
Learn more about the contract details and work stoppage here.
CHANGING DIRECTION | How high will diesel prices rise ahead of peak season?
Farewell to falling diesel gas prices…
Diesel shot up 34 cents this week, bringing the national average to $5.224 a gallon.
Before this week, diesel prices had five weeks of declining prices, according to the Energy Information Administration.
Prior to the increase, gas prices had fallen to $4.836 a gallon. Find out what the gas prices are in your area here.
CAPACITY CHANGES | Could capacity be tightening as peak season approaches?
TRUCKERS HACKED | Cybercriminals profit from targeting truckers.
Digital connectedness adds visibility and efficiency to truck fleets.
It also opens up vulnerabilities for truckers and the supply chain that cybercriminals want to exploit.
Cybercrime is rising across all industries, but criminals are targeting truckers as the technology is Fairly new.
To learn how cybercriminals are hacking the supply chain via truckers, click here.
WHAT WOMEN WANT | The trucking industry can be alluring to women seeking careers with independence and excitement.
Independence. Excitement. Financial Security. In Demand. Flexibility.
These are the reasons women earn their CDL and become commercial truck drivers.
Previously, only 2-3% of truckers were women.
Women now represent 7.8% of commercial truck drivers as they look for careers that give them opportunities to see the country and make money.
Demand for drivers is still very high, and women are severely under-represented in this industry. Read more here.
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