Written by Tom Moore | Nov 16, 2021 12:00:00 AM
Trucking:
- Driver shortfall: 80,000
- Parts shortage is forcing some carriers to cannibalize some trucks to get other vehicles running
- LTL carrier Old Dominion getting 10.1% more per cwt this year than last – and that excludes the impact of fuel
Ocean:
- Trans-Pacific container “Spot prices” fell 25% last week
- Too few clean fuels: Supplies of methanol and ammonia – two cleaner-burning alternatives to bunker oil – are too limited to power the world’s 60,000 oceangoing vessels
Package:
- The U.S. Postal Service lost nearly $5 billion in the year ending Sept. 30, as revenue rose 5.3% and package volume increased 3.5%. (Reuters)