Insights - June 2015 - (Page 10)

"While tonnage did not fully recoup the loss from February, it increased nicely in March," said ATA's chief economist, Bob Costello. "I'd say that tonnage was one of the better indicators for the month, which is a positive sign for the broader economy." In a separate report on trends, released May 11, ATA said trucking revenue reached a record $700.4 billion in 2014, accounting for 80.3 percent of all freight transportation funding. Go to bit.ly/truckingreport for a link. Sustainability News LNG Containership Launched by TOTE TOTE Shipholdings Inc., a sister company of Sea Star Line LLC, has been joined by U.S. Maritime Administrator Paul N. Jaenichen and other officials in the launching of the world's first containership to be powered by liquefied natural gas. The launching of the 764-foot-long Isla Bella took place April 20 in San Diego. It is one of two similar vessels being financed with a $324.6 million loan guarantee from the U.S. Maritime Administration. The Isla Bella and a similar yetto-be-delivered second vessel are to operate between the Port of Jacksonville, Fla., and Puerto Rico. Visit bit.ly/TOTELNG for additional information. L.A., Houston Get Grants from EPA The U.S. Environmental Protection Agency has awarded a $1.3 million grant to the Port of Los Angeles and a $900,000 grant to the Port of Houston Authority. The funding comes via EPA's Diesel Emissions Reduction Act, or DERA, program, according to an April 21 statement from the agency and an April 24 release from the Port of Houston. 10 Intermodal Insights | June 2015 The Port of Los Angeles grant is to be used to fund replacement of an older diesel cargo crane with a new zero-emission, electric-drive unit, while the Houston money --- the second similar DERA grant for that port this year - is to be used toward replacement of 25 drayage trucks. Go to bit.ly/PoLAgrant and bit.ly/ PHAdrayage for respective details. Requests for proposals for the next round of DERA grants are being accepted through June 15. Visit bit.ly/ DERAproposals for details. Penske Advancing Alternative Fuels Penske Truck Leasing Co. L.P., parent company of Penske Logistics LLC, is using state and federal grants toward further introducing alternative fuel vehicles. The Penske unit said May 5 that four grants totaling $1.1 million via the Texas Commission on Environmental Quality and Texas Emissions Reduction Plan will subsidize purchase of an unspecified number of Freightliner Cascadia tractors that run on natural gas. And the company announced the next day that a $400,000 U.S. Department of Energy award, to be administered by the Office of Energy Efficiency and Renewable Energy, is being utilized in Penske's alternative fuel vehicle demonstration and enhanced driver experience project. Visit bit.ly/Penske1 and bit.ly/Penske2 to read the respective Penske announcements. C.H. Robinson, MIT Look at Emissions C.H. Robinson and the Massachusetts Institute of Technology's Center for Transportation & Logistics have combined to develop research aimed at finding ways to better quantify carbon emissions at the lessthan-truckload shipment level. According to an April 15 white paper - "A New Model for Estimating Carbon Emissions from LTL Shipments" - current methods of calculating carbon emissions can be highly inaccurate. Determining emissions for LTL is more challenging than for other types of transportation as it should account for the unique characteristics of individual LTL shipments, according to the white paper. Go to bit.ly/CHRobinsonMIT to read more. Port News Impacts Increase for U.S. Seaports U.S. seaports have a $4.6 trillion impact on the nation's economy - up 43 percent from seven years earlier - according to a report from the American Association of Port Authorities. According to a study conducted by Lancaster, Pa.-based Martin Associates and released April 21 by AAPA, the impacts of ports also grew substantially in other ways between 2007 and 2014, including a 74 percent jump in portrelated jobs, to 23.1 million; and a 51 percent rise in federal state and local tax revenues generated by ports and related activity, to $321.1 billion. "The key growth in our international trade was in U.S. exports, which saw a 60 percent increase in value over the past seven years." - John Martin, president, Martin Associates "The growth in jobs and economic importance of America's seaports reflects the fact that the value of international cargo handled at these ports increased by $400 billion since 2007, reaching about $1.8 trillion in 2014," said John Martin, president of Martin Associates. "It's important to emphasize that the key growth in our international trade was in U.S. exports, which saw a 60 percent increase in http://www.bit.ly/CHRobinsonMIT http://www.bit.ly/PoLAgrant http://www.bit.ly/PHAdrayage http://www.bit.ly/PHAdrayage http://www.bit.ly/truckingreport http://www.bit.ly/DERAproposals http://www.bit.ly/DERAproposals http://www.bit.ly/Penske1 http://www.bit.ly/Penske2 http://bit.ly/TOTELNG

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

Contents
Federal update
Short-Term Fix Seen for Highways
Proposal Targets Port Performances
Silver Kingpin Award Ballots Due
Spring Business Meeting Focuses on Industry Solutions
IANA Launches Webpage for Scholarship Program
Intermodal EXPO 2015 to Offer Robust Educational Agenda
Equipment Out-of-Service Data to Undergo Expanded Analysis
State Legislative Update
N.J. in Compact, at Least for Now
Freight Report
Yearly Traffic Chart
Sustainability News
Port News
People in the News
In Brief
2015 Sponsors
New Members
Audit Examining FMCSA Processes
Industry Calendar

Insights - June 2015

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