Shortages for Truckload and Intermodal Market
It seems that capacity shortages within the truckload and intermodal markets have been an ongoing topic in supply chain for the last few years. There have been numerous publications that have listed out the factors contributing to these shortages. These factors range from a shortage of qualified long-haul drivers, to equipment shortages, and government regulations. On Monday, December 18th the ELD (Electronic Logging Device) mandate took effect. This mandate has tightened truckload capacity even further; which could have a rippling effect on inland transportation.
Below are a list of current factors impacting both truckload and intermodal services:
Impacting Truckload:
- ELD (Electronic Logging Device) mandate limiting Hours-of-Service
- Dwindling driver workforce
- Difficulty in attracting and retaining new drivers
- Operational cost increases for many trucking companies
- Narrowing pool of specialty drivers (HAZMAT, Tank, Refrigerated, Heavyweight)
Impacting Intermodal:
- Intermodal chassis shortage at certain ports
- Congestion at both rail ramps and ocean terminals
With these factors in mind, Noatum Logistics would like to ensure that all our customers are kept informed on what is happening within the industry.
Industry Articles
- Chicago intermodal rail delays ‘unprecedented’ since January – www.joc.com 02/23/18
- Ultra-tight dray capacity forcing users to pay just to hold trucks – www.dcvelocity.com 02/20/18
- Only So Many Hours in the Dray – www.dcvelocity.com 02/13/18
- A Shortage of Trucks is Forcing Companies to Cut Shipments or Pay Up – www.wsj.com 01/25/18
Noatum Logistics Alerts and Updates
- Regional Delays Occurring Within Intermodal Drayage Market – 02/19/18
- Various Factors Contributing To A Tightening Intermodal Drayage Market – 01/10/18
- Ongoing Capacity Shortages For the Truckload and Intermodal Market – 12/14/18
Carrier Updates
- Canadian Pacific Railway Limited-Strike Notice – Cosco 04/23/18
- CP Labor Situation with TCRC & IBEW (update#5)– NYK 04/20/18
- TCRC-Train & Engine and IBEW issue 72-hour strike notice – NYK 04/18/18
- Canadian Pacific Railway Limited-Strike Notice – Cosco 04/18/18
- US Trucking Market Impact on MSC Services – MSC 03/23/18
- Cosco Announces Winter Storm Toby – Cosco 03/21/18
- Maersk Shanghai – Heavy Weather – MSC 03/07/18
- Virginia Port Authority’s VIG Terminal in Norfolk, VA Update – Cosco 03/02/18
- CN-State of the CN Network Update-Intermodal Shipments – Cosco 03/02/18
- CN Rail Road Operations Update – Cosco 03/01/18
- Update and Advisory on USA Trucking & Door Delivery – Yang Ming 02/27/18
- Cosco Winter Weather Congestion – Cosco 02/26/2018
- North American Intermodal Update No. 3 – Hamburg Sud 02/22/18
- Emergency Intermodal Surcharge-Revised – CMA-CGM 02/22/18
- Emergency Intermodal Surcharge – CMA-CGM 02/20/18
- Customer Advisory-Emergency Trucking Surcharge – CMA-CGM 02/16/18
- Winter Weather / Congestion in the US and Canada – Cosco 02/16/18
- Customer Advisory – US Intermodal Operational Alert – K-Line 02/15/18
- Maersk Line North America Trucking Update and Inland Tariff Change – Maersk 02/13/18
- US Trucking Update – ANL – ANL 02/05/18
- U.S.A. Intermodal Customer Advisory – MSC 02/02/18
- US Trucking Update – Challenges – CMA – CGM 01/31/18
- North American Intermodal Update – Hamburg Sud 01/31/18
- USA Trucking Challenges – ECU – 01/25/18