The trucking industry has been dealing with driver shortage for several years now. In recent times the driver shortage in the flatbed shipping industry has been pushed to the forefront as the trucking industry attempts to manage this issue. Bob Costello, the chief economist at the American Trucking Association stated that the country was experiencing a shortage of drivers by a number estimated to be 51,000 in 2017. The 2016 numbers indicated the shortage to be around 36,000, indicating a drastic increase that is only expected to continue Costello predicts. The reason this issue is so prevalent in the transportation industry is because a shortage of active drivers means there will be less trucks on the road to transport freight. The shortage of available trucks to transport freight combined with the increased demand for trucks by businesses has combined to create a perfect storm in flatbed hauling. Continue reading “The Trucking Industry’s Driver Shortage and its Implications”
Artificial intelligence, abbreviated as A.I., is becoming increasingly relevant to the world as we know it. It is difficult to avoid a topic relating to A.I. when discussing any industry; whether that be in finance, health care, or transportation. Artificial intelligence is poised to make a significant impact on the future of our industries. There is a substantial level of support in favor of A.I. technology, but there is also a strong opposition to artificial intelligence.
The Nutmeg state, officially known as Connecticut is a small state along the east coast with close proximity to major urban centers such as Boston, Providence, Springfield, and New York City. The state capital, Hartford, has historically been known for being the insurance capital of the world. Connecticut’s economy does not heavily rely on agriculture or a livestock centric economy. The economy of the state relies primarily on a service based model. Connecticut does still have a farming industry with Connecticut agriculture contributing roughly 4.6 billion dollars to the state’s economy every year. The primary agriculture products produced in Connecticut are dairy products, eggs, and greenhouse products such as flowers. The state also raises cattle but is not a large market in the state. Insurance and financial service companies are the core industries in the state economy with companies such as Aetna and United Healthcare’s headquarters being located in Hartford. Continue reading “Connecticut Transportation Budget in the Air as a Budget Deficit Looms”
The state of New York, nicknamed the Empire State holds the third largest economy in the United States, trailing only Texas and California, New York’s economy is so large that it would rank in the top 20 largest economies in the world if it were its own independent country. Although New York is mainly known for its strong service based economy which includes; financial services, healthcare, and retail industries, it is also home to the Port of New York and New Jersey. The port is the busiest container terminal on the East Coast. If looking at tonnage alone, the port is the third largest in the United States. One of the cash crops for New York agriculture are hay and corn which is primarily used to feed the state’s livestock. New York’s economy is so strong that despite not being heavily agriculture or manufacturing based, there are still large volumes of flatbed carriersthat come through New York. Continue reading “New York Governor Gives the Stamp of Approval for Driverless Technology Road Testing”
The Peach State, better known as Georgia has fostered a growing economy through having a diverse set of major industries occupying the state. Agriculture is an integral part of Georgia’s economy. As the state’s nickname suggest, the Peach State is known for its peaches, but the state is also the number one pecan producer in the world. Other cash crops that come out of the state include; blueberries, peanuts and poultry products. Agriculture accounts for roughly $72 billion dollars of the state’s economy. According to the Georgia Farm Bureau, one in seven Georgians work in agriculture or a related field. A large agricultural industry typically means a high demand for flatbed shipping. Georgia is no stranger to transportation and logistics. Savannah, Georgia is known to have the fourth largest port in the United States. Georgia’s port supports over 369,000 jobs throughout the state as well as provides $20.4 billion dollars in income. Although these numbers are not quite as large as the agricultural sector, the ports play a significant role in the state’s growing economic infrastructure. The state’s rail system is also Continue reading “Investments to the Ports in Georgia Will Save Shippers Millions in Costs”
In recent months officials in Arkansas have been debating over the implementation of a bill passed. This bill would allow speed limits on freeways in the state to be raised to 75 miles per hour. The bill was introduced on March 16th, 2017 by the Arkansas House and was passed on April 7th, 2017. This bill would allow speed limits to go up to 75 mph in rural interstate freeways and would set rural non-divided highway speed limits to 65 mph. Despite the passage of the bill by the Arkansas House, state highway officials have halted the implementation of the new law. Continue reading “Arkansas Speed Limit Increases and its implications on Arkansas Transportation”
Local communities, government officials, and businesses are evaluating how to pick up the pieces as the rubble and debris left in the aftermath of Hurricane Harvey and Hurricane Irma has settled in the wake of the destructive hurricanes.