Insights - July 2016 - (Page 14)

Compared with April 2015, the SA index was up 2 percent, which was down from March's 2.2 percent yearover-year gain. Year-to-date, compared with the same period in 2015, tonnage was up 3.5 percent on February's strength. Excluding February, the index was up just 1.8 percent over the same months in 2015. The not seasonally adjusted index, which represents the change in tonnage actually hauled by the fleets before any seasonal adjustment, equaled 135.1 in April, which was 5 14 Intermodal Insights | July 2016 percent below the previous month. "After having an abnormally large seasonally adjusted gain in February, tonnage fell in April, in addition to the large drop in March," said ATA Chief Economist Bob Costello. "However, while freight remained soft in April, based on other economic indicators, the outlook for tonnage is a little better than just a couple of months ago. "With that said, there is still an inventory correction transpiring throughout the supply chain that will keep a lid on truck freight volumes in the near term," he said. "As a result, we are still likely to experience lackluster tonnage numbers in the next few months." State Legislative Update Bills addressing proper classification of truck drivers and/or related issues, such as unemployment compensation law exemption, are active in at least three states. See chart below. In Arizona, Governor Doug Ducey signed H.B. 2114 and H.B. 2652 on May 12. The first, permits an employing unit and contractor to create a rebuttable presumption of an independent contractor relationship. The second, classifies as independent contractors, individuals or entities using a qualified digital platform to provide services to third-party individuals. On April 4, in Alabama, Governor Robert Bentley signed into law a port credit for increased use of the state's port facilities, effective July 1, 2016. Other measures impacting or aimed at enhancing trade and transportation opportunities include California's A.B. 1657 which establishes the Zero- and Near-Zero-Emission Intermodal Terminals Program and the Port Building and Lighting Efficiency Program. Two bills prohibiting indemnity agreements in motor carrier transportation contracts, A.B. 7307 and S.B. 4173, have moved forward in New York. Find complete information on the status of state legislation impacting State Bill Number(s) of Active Driver Classification Measures Massachusetts S.B. 1018 New Jersey S.B. 800, S.B. 121, A.B. 1912, A.B. 3694 Washington H.B. 1519 http://www.milecorp.com

Table of Contents for the Digital Edition of Insights - July 2016

Insights - July 2016
Restart Legislation Gets a Restart
Speed Limter Rule May Advance
Industry Gets Closer to SOLAS Compliance
DOC Delays Tire Duty Decision
Changes Proposed to IANA Bylaws
Information Services News
Inspection Metrics Report
Early Recognition and Support Helped Intermodal Grow
Taking It to the Street
Freight Reports
State Legislative Update
Sustainability News
Port News
People in the News
Intermodal EXPO 2016 Education Session by Stakeholder Interest
Intermodal EXPO 2016 Education Session Descriptions
In Brief
2016 Sponsors
Welcome New Members
Intermodal Calendar

Insights - July 2016

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