Hurricane Beryl

Ports in Houston and Galveston remain closed in wake of Hurricane Beryl

Ports in Houston and Galveston, Texas, remained closed Tuesday after Hurricane Beryl made landfall in Texas as a Category 1 hurricane early Monday morning. Port Houston officials posted on X they will be resuming normal operations on Wednesday, and will be offering extended gate hours for its customers at its container terminals. The storm brought …

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Transportation capacity in June: No growth for first time in over 2 years

A monthly supply chain survey registered a neutral reading for transportation capacity in June, the first time in more than two years the index didn’t expand. Sentiment around transportation pricing signaled growth for a second consecutive month. The Logistics Managers’ Index (LMI) displayed a 50 reading for capacity in June. The last nongrowth reading on …

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Commercial construction

Flatbed report: Commercial construction backlog drops in May

Associated Builders and Contractors (ABC) reported recently that its Construction Backlog Indicator fell to 8.3 months in May, according to a member survey conducted from May 20 to June 4. The reading is down 0.6 months from May 2023. The ABC monthly Construction Backlog Indicator is a forward-looking national economic indicator that reflects the amount …

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Railroads fear losing out to trucks

Railroads fear losing out to trucks if California gets its way

WASHINGTON — Major freight railroads and their short-line counterparts raised red flags on Capitol Hill about supply chain consequences of a California regulation aimed at cutting air pollution from locomotives. If the California Air Resources Board is successful in securing approval from the U.S. Environmental Protection Agency, California’s In-Use Locomotive Regulation, adopted by the state …

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Key retail diesel price drops again, but is the bear market turning?

Key retail diesel price drops again, but is the bear market turning?

Retail diesel prices continue their downward trend, declining for the ninth week in a row as measured by the number used as the basis for most fuel surcharges. The Department of Energy/Energy Information Administration weekly average retail price fell to $3.658 a gallon, a decline of 6.8 cents. The scorecard on the price is that …

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Texas ports brace for predicted above-average 2024 hurricane season

Texas ports brace for predicted above-average 2024 hurricane season

This year’s hurricane season is poised to be more active than normal, with up to 25 named storms predicted by experts. And, the Texas coast is forecasted to be seriously at risk. AccuWeather Lead Hurricane Forecaster Alex DaSilva told FreightWaves that the weather forecasting agency is predicting 20 to 25 named storms this hurricane season, …

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