Trucking
The Extra Mile Blog Yellow Corporation March 13, 2023
Since WIT began publishing its “Top Women to Watch in Transportation” in 2019, 33 freight professionals at Yellow have made the list. Last year, driver Peggy Arnold was not only named a Top Woman to Watch, she was WIT’s “Driver of the Year.” For five consecutive
years, WIT has also named Yellow a “Top Company for Women to Work for in Transportation.”
This year, three Yellow professionals made the coveted Top Women to Watch list. Each of them have what WIT seeks in its honorees: significant career accomplishments, a passion for the trucking business and always going the extra mile to support other women
in the industry.
Esther Parsons, Professional Driver
Kelly Parish, Director of Application Support and IT Service Management
Ivelise Rodriguez, Director of Corporate Accounts, Business Development
DAT Freight And Analytics March 13, 2023
Weekly snapshot by the numbers chart van volumes/spot rates March 6 to 12
Industry
The Journal Of Commerce Larry Gross March 13, 2023
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Take the distribution of long-haul truck and intermodal by mileage range for the fourth quarter of 2022. Of all the dry van and reefer truckloads moving more than 250 miles from door to door, some 42 percent were concentrated in the 251- to 500-mile range.
In contrast, only 11 percent of all intermodal moves took place within those lengths of haul.
The truckload data follow a logical pattern. Volume was concentrated at the shorter lengths of haul. The longer the haul, the less volume was moving. But intermodal had a completely different and very unusual volume distribution. The two biggest mileage ranges
are 2,001 to 2,500 miles, which accounted for more than 35 percent of all moves, and 751 to 1,000 miles, which represented another 27 percent. In total, almost two-thirds of all intermodal activity occurred in these two mileage ranges. Meanwhile, a relatively
paltry 14 percent moved in the intermediate 1,001- to 2,000-mile range.
Transport Topics March 13, 2023
• Diesel’s national average price has fallen for the past six weeks, totaling 37.5 cents, and for seven of the 10 reporting periods in 2023.
• A gallon of diesel now costs $1 less on average than it did at this time a year ago.
• Of the 10 regions in EIA’s weekly survey, diesel’s price went down in eight and up in two. The biggest drop was 6.7 cents in the Rocky Mountain area. The West Coast less California and the West Coast showed modest increases of 1 cent and three-tenths of a
cent, respectively.
Link: Energy Information Administration Gasoline and Diesel Fuel Update
The Journal Of Commerce Ari Ashe March 13, 2023
Subscription-Based
Another lesson going forward is that truckers and shippers are no longer willing to rely exclusively on chassis pools to supply equipment for all markets. Truckers and BCOs are acquiring their own chassis to make the equilibrium between supply and demand less
fragile in the future.
Union Pacific Railroad has begun to ground ocean containers traveling between its terminal in Joliet, Illinois, and ports in California, and changed its overall policies regarding private chassis. The western US railroad told the Journal of Commerce that both
decisions were made with an eye toward emerging trends in the supply chain
Technology/Innovation
DC Velocity Susan K. Lacefield March 13, 2023
Despite all the focus on digitalization of the supply chain, 83% of 305 executives surveyed by the consulting company PwC say that their supply chain technology investments have not fully delivered expected results.
The reasons, according to “PwC’s 2023 Digital Trends in Supply Chain Survey,” range from the implementation process not yet being finished and it therefore being too early yet to judge results (21%) to undefined ownership and vision (4%).
Link: PWC 2023 Digital Trends in Supply Chain Survey
Government/Safety/Sustainability
Freight Waves John Kingston March 13, 2023
Proposition 22, which kept California’s independent contractor law AB5 from applying to app-based drivers like those from Uber and DoorDash, has been kept alive by a state appellate court ruling.
In a decision that lays the groundwork for an appeal because the three-judge panel did not fully agree on the issues, the Court of Appeal for the 1st Appellate District reversed the core of an earlier decision that Prop 22 was unconstitutional in exempting
app-based workers from AB5.
That lower court decision from August 2021 was stayed and app-based workers, mostly drivers, continued to work without being impacted by the more restrictive independent contractor definitions of AB5.
The New York Times Max Bearak March 11, 2023
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Some energy experts say green hydrogen’s business rationale is mostly hype. Doubters accuse its champions of self-interest or even self-delusion. Others see hydrogen as diverting crucial investment away from surer emissions-reduction technologies, presenting
a threat to climate action.
Still, if the rosiest projections hold, green hydrogen in heavy industry could reduce global carbon emissions by 5 percent, if not two or three times that. In those scenarios, which are far from certain, hydrogen plays a crucial role in limiting global warming.
Workforce
Logistics Management March 13, 2023
Disruptions that coincided with the surging Covid pandemic resulted in a significant impact on culture within the supply chain function. Nearly half (41%) of survey respondents say there now is an increased focus on agility, 34% say the focus on resilience
has increased and 32% say there is an increased focus on collaboration.
“Traditional sales and operations planning is moving from a monthly, rigid cycle to a ‘plan, adjust and re-plan’ business process,” said Neil Collins, Korn Ferry Global Industrial Markets Practice Leader, North America. “Data intensity and decision-making ambiguity
is driving the need for vastly different executives and operating models in supply chain, and expectations from senior executives are demanding more innovation and creativity.”
Link: Korn Ferry 2023 Supply Chain Talent Study
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