| |
|
| |
|
 |
Supply
Chain by the Numbers |
| |
|
| |
- July 20, 2023
|
| |
|
| |
|
| |
|
| |
Mixed Results for ATA Tonnage Index for June; Cost of Hydrogen Big Barrier to Adoption in Cars, Trucks; US Manufacturing Output again Flat in June; UPS Training Potential Strike Drivers |
| |
|
| |
| s |
| ac |
| |
2.1% |
|
That was the rise in the American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index in June, according to the ATA this week. That after increasing 1.2% in May, as freight volumes are somewhat on the rise sequentially, but still below previous year tonnage. Compared with June 2022, the SA index decreased 0.8%, which was the fourth straight year-over-year decrease. In May, the index was down 2.4% from a year earlier. ATA Chief Economist Bob Costello cited a multitude of factors that have caused a mild freight recession, including stagnant consumer spending on goods, lower home construction, falling factory output, and shippers consolidating freight into fewer shipments. In calculating the index, 100 represents 2015, meaning June freight movements, with an index value of 116.5, are up 16.5% versus 2015 levels.
|
|
|
|
| |
| |
|
|
|
| That was the rise in the American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index in June, according to the ATA this week. That after increasing 1.2% in May, as freight volumes are somewhat on the rise sequentially, but still below previous year tonnage. Compared with June 2022, the SA index decreased 0.8%, which was the fourth straight year-over-year decrease. In May, the index was down 2.4% from a year earlier. ATA Chief Economist Bob Costello cited a multitude of factors that have caused a mild freight recession, including stagnant consumer spending on goods, lower home construction, falling factory output, and shippers consolidating freight into fewer shipments. In calculating the index, 100 represents 2015, meaning June freight movements, with an index value of 116.5, are up 16.5% versus 2015 levels. |
|
|
|
| |
| |
$25 Million |
 |
That’s about how many parcels are delivered each day on average by UPS, making it an integral piece of the US economy, with consumers relying on swift delivery of many essential home items, as well as millions of shipments each day from businesses to other businesses. But that role is in jeopardy more than a week after contract talks between UPS and the union representing 340,000 of its workers broke down. This week UPS said it will soon begin training non-union employees in the US to step in should there be a strike, which the union has vowed to do if no agreement is reached by the end of this month. |
| |
| |
| |
| |
| |
|
|
|
| |
|
 |
| |
 |
![]() |
 |
|
| |
 |
Feedback |
|
|
|
![]()
|
No Feedback on this article yet.
|
|
![]() |
|
|
|
![]() |
 |
![]() |
 |
|
| |
That is the current cost per kilogram for hydrogen fuel in California. At that price point, it would cost about $135 to fill up a standard car, according to a report this week by the ATA’s Transport Topics web site. A similar delta in costs for hydrogen versus diesel costs would also be found. That of course is a high barrier to adoption of emissions free hydrogen fuel cell-powered vehicles, whether for consumers or freight carriers. That’s unfortunate, as hydrogen offers many advantages, including more power versus battery-only truck tractors. Hydrogen fuel needs to be priced closer to $10 per kilo, said Pat Griffin, president of North America at Hyzon Motors, maker of heavy-duty hydrogen-powered vehicles. “[Fleet customers] say, ‘I can bear that today. When can I get to $6?’ And that seems to be the next number I’m hearing,” he added at the California Hydrogen Leadership Summit in June. 
