AGP Executive Report
Last update: 2 hours agoRail Investment: USDOT awarded Florida $416 million for safety upgrades at 910 rail crossings and a new Brightline station in Cocoa; the state is adding $100 million. Supply Chains: Nippon Express launched a five-day delivery option from the Port of Los Angeles to U.S. destinations, using two-driver teams and real-time cargo tracking. Air Freight: Shippers are favoring flexible three-month deals as volatility makes fixed annual contracts risky; those contracts fell to 25% of new agreements, from 40% a year earlier. Trucking: Diesel averaged $6.30 a gallon, up more than 70% year over year, while industry groups say expanded access to dyed fuel offers little relief. A trucking company’s bankruptcy underscores the strain. Automation: Kodiak launched an autonomous trucking route between Dallas and Laredo. Seasonal Shipping: UPS plans to hire 100,000 workers for the holiday rush. Road Safety: Connecticut is planning signal replacements at 12 intersections, including upgrades to pedestrian signals, accessible buttons and sidewalk ramps.
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