Insights - May 2015 - (Page 13)

7.4 percent from the comparable month in 2014. Go to www.intermodal.org for more information on subscribing to IANA's Intermodal Market Trends and Statistics. Truck Ton Index Hits Speed Bump The record-setting roll of the American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index has encountered a speed bump. "The February drop in truck tonnage was not a surprise." - Bob Costello, chief economist, American Trucking Associations According to a March 24 ATA report, the index for February fell 3.1 percent from January's all-time high, slipping to 131.6 compared with a 2000 baseline figure of 100, dropping to its lowest level since September 2014. Compared with February 2014, the index gained an even 3 percent - the smallest year-over-year gain since June 2014. "The February drop in truck tonnage was not a surprise," said ATA's chief economist, Bob Costello. "Retail sales, manufacturing output and housing starts were all off during the month, so the tonnage decline fits with those indicators. The surprise would have been had tonnage increased with all of those sectors falling." Costello added that the winter weather that impacted a large portion of the nation during February had a negative impact on truck tonnage, as well as industries that drive tonnage, such as retail, manufacturing and housing. He nonetheless remained hopeful that truck tonnage for all of 2015 will wind up with a year-over-year gain similar to the 3.7 percent growth achieved in 2014 over 2013. Sustainability News Port of Houston Gets Drayage Truck Grant The Port of Houston has received a federal grant to facilitate replacement of 14 drayage trucks. The $899,960 grant was among a total of $8 million in Diesel Emission Reduction Act program grants to recipients in 21 states and Puerto Rico announced March 20 by the U.S. Environmental Protection Agency. Go to bit.ly/DERAHouston to learn more. L.A. Marina Exchange Program Expanding The Port of Los Angeles is expanding its Marina Engine Exchange Program to include funding of as May 2015 | Intermodal Insights 13 http://www.intermodal.org http://www.bit.ly/DERAHouston http://www.cornerstone-systems.com http://www.cornerstone-systems.com

Insights - May 2015

Table of Contents for the Digital Edition of Insights - May 2015

Federal Update
STB Reform Bill Advances in Senate
IANA Members to Vote on Silver Kingpin Award
UNT Wins IANA Case Competition
Leading Industry Analysts to Begin Each Day at Intermodal EXPO 2015
State Legislative Update
Exclusive Report: Supply Chain Optimization to Enhance Velocity at Port of Long Beach, Operations Executive Says
2013-2015 Yearly Traffic Totals by Month
Freight Reports
Sustainability News
Port News
People in the News
FMC Report Released on Demurrage
2015 Sponsors
In Brief
Welcome New Members
Intermodal Calendar
Insights - May 2015 - Cover1
Insights - May 2015 - STB Reform Bill Advances in Senate
Insights - May 2015 - UNT Wins IANA Case Competition
Insights - May 2015 - 4
Insights - May 2015 - State Legislative Update
Insights - May 2015 - 6
Insights - May 2015 - Exclusive Report: Supply Chain Optimization to Enhance Velocity at Port of Long Beach, Operations Executive Says
Insights - May 2015 - 8
Insights - May 2015 - 9
Insights - May 2015 - 10
Insights - May 2015 - Freight Reports
Insights - May 2015 - 12
Insights - May 2015 - Sustainability News
Insights - May 2015 - Port News
Insights - May 2015 - 15
Insights - May 2015 - People in the News
Insights - May 2015 - 17
Insights - May 2015 - FMC Report Released on Demurrage
Insights - May 2015 - 19
Insights - May 2015 - 2015 Sponsors
Insights - May 2015 - 21
Insights - May 2015 - In Brief
Insights - May 2015 - 23
Insights - May 2015 - Welcome New Members
Insights - May 2015 - 25
Insights - May 2015 - 26
Insights - May 2015 - Intermodal Calendar
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