Logistics
Reuters reports that the union representing 45,000 dock workers on the U.S. East and Gulf Coasts and their employers reached a tentative deal on a new six-year contract.
Transportation woes continue to haunt Northeast shippers as trucks remain hard to come by and freight rates skyrocket because of rising fuel costs and a scarcity of drivers.
All agriculture haulers could be exempted from using electronic logging devices (ELD) if the latest version of the Agricultural Business Electronic Logging Device Exemption Act of 2018 advances through Congress.
The Modernizing Agricultural Transportation Act has been introduced in the House of Representatives and is yet another legislative proposal that offers fixes for livestock haulers regarding hours of service rules.
The Transporting Livestock Across America Safely Act has been reintroduced by a bipartisan group of Senators and could provide some fixes to hours of service requirements for livestock haulers.
Putting upward pressure on delivered produce prices, refrigerated truck rates have soared to nearly $5 per mile in early February, according to a survey by the USDA.