Bureau of Transportation Statistics

Worst Hurricane Season Outlook in History Highlights Need for Travel Insurance

Retrieved on: 
Thursday, May 2, 2024

Entering what could be the most destructive hurricane season on record, travel insurance comparison site, Squaremouth , shares 3 things travelers need to know about travel insurance coverage.

Key Points: 
  • Entering what could be the most destructive hurricane season on record, travel insurance comparison site, Squaremouth , shares 3 things travelers need to know about travel insurance coverage.
  • If your trip is impacted by a storm, travel insurance can cover your losses, as long as you bought your policy before the storm was named.
  • If you're traveling to a hurricane-prone destination, look for a travel insurance policy with the shortest delay time required.
  • Squaremouth's Current Events Information Center will be updated regularly throughout hurricane season with information about travel insurance coverage as storms hit, including answers to frequently asked questions and official position statements from travel insurance providers.

ITS Logistics October Port Rail Ramp Index: Market Sees More Trucking Capacity Exiting than Entering

Retrieved on: 
Thursday, October 19, 2023

“I don’t foresee shippers experiencing demurrage or ramp storage issues as there is enough trucking capacity to pull containers effectively.

Key Points: 
  • “I don’t foresee shippers experiencing demurrage or ramp storage issues as there is enough trucking capacity to pull containers effectively.
  • “As fuel, insurance, and liability costs continue to rise in this low-rate environment, trucking capacity will exit at a rate higher than new capacity entering the market.
  • Prior to exiting the market, financially struggling trucking capacity will sacrifice staff, safety, security of freight, and operational excellence.
  • Visit here for a full comprehensive copy of the index with expected forecasts for the US port and rail ramps.

Air Partner Business Travel Charter Solutions: Beyond Business as Usual

Retrieved on: 
Monday, October 2, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231002755482/en/
    “While private charter is not the solution for every individual trip or group movement, given the right circumstances, the benefits of private aviation for business travel justify the cost,” said Erica Merrill, Director of Business Development at Air Partner , whose extensive background includes experience managing corporate travel accounts across multiple industries.
  • “Too many companies try to cut costs on transportation for business travel, with potentially detrimental results, including decreased productivity and missed opportunities.
  • More recently, according to a study by Oxford Economics, each dollar invested in business travel produces $12.50 in revenue and $3.80 in profits.
  • “Air Partner’s charter services are geared to work for companies by providing transportation solutions that enhance business travel for employees on the move, rather than make it a grind.”

UPS impasse with union could deliver a costly strike, disrupting brick-and-mortar businesses as well as e-commerce

Retrieved on: 
Thursday, July 20, 2023

Talks between the International Brotherhood of Teamsters and UPS over a new contract fell apart on July 5, 2023.

Key Points: 
  • Talks between the International Brotherhood of Teamsters and UPS over a new contract fell apart on July 5, 2023.
  • Without a deal in place, more than 300,000 Teamsters will stop working on Aug. 1.

What are the reasons for this impending strike?


    Before the talks collapsed, both sides had been negotiating extensively on a new five-year agreement that would cover about 340,000 unionized UPS workers. The delivery company has agreed to some of the Teamsters’ demands, pledging to:
    • The Teamsters dispute UPS’s claim that part-time workers earn an average of $20 per hour.
    • The company nearly tripled its net income from the levels seen in 2018 and 2019 of $4.8 billion and $4.4 billion.
    • The Teamsters argue that these record profits mean UPS can afford to pay higher wages.

What should consumers expect?

    • If unionized UPS workers do go on strike, many U.S. consumers will surely fear delays in the delivery of their online purchases.
    • In my view, that’s a reasonable concern, given that UPS handles roughly 25% of all U.S. package deliveries.
    • The 1997 strike, which lasted 16 days, took place when e-commerce was in its infancy.
    • Today, consumers spend about 15% of their shopping dollars on e-commerce purchases.

What about businesses?

    • A UPS strike could disrupt the availability of spare parts for cars and wholesale medical supplies, just to name a few essentials.
    • Consumers will also find it harder to get clothing and shoes in stores, as retail locations are typically replenished by parcel carriers.
    • These costs stem from the 340,000 striking workers losing an estimated $1.1 billion in wages and UPS losing $816 million in earnings.
    • The balance of this estimate would result from the disruptions incurred by UPS customers.

What do you think will happen?

    • On that occasion, Congress had the option of intervening, but a deal was reached before the government had to step in.
    • However, it seems likely that there will be calls for the White House to get both parties back to the negotiating table.

ECU Worldwide's ECU360 Platform Simplifies Air Freight

Retrieved on: 
Tuesday, April 11, 2023

ECU Worldwide's digital logistics platform - ECU360, has launched a new digital air freight service to streamline the shipping process for businesses of all sizes.

Key Points: 
  • ECU Worldwide's digital logistics platform - ECU360, has launched a new digital air freight service to streamline the shipping process for businesses of all sizes.
  • ECU Worldwide has already provided air freight services to 780 US customers, exporting to 310 airports across 174 countries.
  • The company has built a platform that streamlines the entire air freight process, from Quoting to Booking, including real-time tracking and live schedules.
  • For more information on ECU Worldwide's digital air freight service on ECU360, please visit https://ecuworldwide.com/

Keep Your Truck Or SUV On The Road

Retrieved on: 
Wednesday, March 8, 2023

CHICAGO, March 8, 2023 /PRNewswire/ -- There are more trucks and SUVs on the road than cars, and CTEK, the leading global brand in vehicle charging solutions, knows trucks and SUVs. According to J.D. Power, truck and SUVs are on pace to account for 79.2% of new-vehicle retail sales in February. Additionally, the Bureau of Transportation Statistics has documented the average age of vehicles on the road is going up each year with the average age of a vehicle topping 12 years. Along with that, trucks, and not automobiles, were the most popular type of vehicle registered in the last five years. With the percentage of new and used trucks and SUV owners topping car owners, CTEK, has battery chargers and power supplies to ensure anyone with a truck or SUV, whether old or new, can ensure their truck or SUV will start every time.

Key Points: 
  • With the percentage of new and used trucks and SUV owners topping car owners, CTEK , has battery chargers and power supplies to ensure anyone with a truck or SUV, whether old or new, can ensure their truck or SUV will start every time.
  • As truck and SUV technology continues to develop, more and more strain is placed on the battery.
  • CTEK has the following tips for any truck and SUV owners:
    We all need regular health checks as we get older, and your truck or SUV battery, being the heart of your truck or SUV, is no different.
  • This is particularly important if you are not using your truck or SUV regularly, or if you usually go for short trips.

Americans Traveling on the Clock - New Upgraded Points Study Reveals Best (and Worst) U.S. Airports for Remote Work

Retrieved on: 
Tuesday, January 24, 2023

AUSTIN, Texas, Jan. 24, 2023 /PRNewswire/ -- Upgraded Points recently revealed their latest data study analyzing "The Best Airports in the U.S. For Remote Workers." The remote work model has become the norm for millions of workers across the country and every day, more Americans travel with their laptops at the ready, squeezing in a few hours of work whenever they have downtime. However, some airports are more welcoming to remote workers than others, and the savvy traveler (and employee) can benefit from knowing which airports to use.

Key Points: 
  • These certain airports set you up for the most successful workday thanks to their lounge space, charging stations, quick WIFI, and more.
  • AUSTIN, Texas, Jan. 24, 2023 /PRNewswire/ -- Upgraded Points recently revealed their latest data study analyzing "The Best Airports in the U.S. For Remote Workers."
  • However, some airports are more welcoming to remote workers than others, and the savvy traveler (and employee) can benefit from knowing which airports to use.
  • That's why we were curious to see which airports are really laying out the red carpet for remote work, and which airports are still falling short."

Hayden AI Launches New Tool to Calculate Emissions Savings from Automated Bus Lane Enforcement

Retrieved on: 
Thursday, January 19, 2023

Hayden AI, a leader in artificial intelligence and machine learning technologies, has built an emissions calculator for transit agencies to measure the environmental impact of automated bus lane enforcement (ABLE) technology.

Key Points: 
  • Hayden AI, a leader in artificial intelligence and machine learning technologies, has built an emissions calculator for transit agencies to measure the environmental impact of automated bus lane enforcement (ABLE) technology.
  • The new online tool highlights how automated enforcement keeps bus lanes clear of illegally parked vehicles, reducing emissions by increasing bus speeds and keeping buses on schedule.
  • Using publicly available data from the Bureau of Transportation Statistics, past ABLE deployments, and the EPA’s Greenhouse Gas Equivalencies Calculator, Hayden AI’s emissions calculator hones in on greenhouse gas emissions saved by increasing bus speeds through ABLE adoption.
  • Users must input the number of buses operating on bus lanes to calculate the potential emissions saved by deploying ABLE.

$179+ Billion Worldwide Aviation Fuel Industry to 2031 - Rising Population and Increasing Middle-Class Earnings are Driving Growth - ResearchAndMarkets.com

Retrieved on: 
Wednesday, October 26, 2022

These different grades of aviation fuel includes jet fuel, biokerosene, and aviation gasoline, and they are used in commercial, military, private and other end users.

Key Points: 
  • These different grades of aviation fuel includes jet fuel, biokerosene, and aviation gasoline, and they are used in commercial, military, private and other end users.
  • The rise in air transportation across the globe is driving the growth of the aviation fuel market.
  • As air transportation increases, the need for aviation fuel also increases significantly as aviation fuel is a basic requirement for aircraft to fly.
  • The countries covered in the aviation fuel market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Induction Furnace Global Market Report 2022: A $1.31 Billion market in 2026 - Long-term Forecast to 2031 with Focus on Coreless Induction Furnaces & Channel Induction Furnaces - ResearchAndMarkets.com

Retrieved on: 
Thursday, October 20, 2022

The "Induction Furnace Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Induction Furnace Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
  • Asia-Pacific was the largest region in the induction furnace market in 2021.
  • The regions covered in the induction furnace market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
  • The growth of the aerospace industry is expected to propel the growth of the induction furnace market going forward.