Top transport news of 2021

Winter storms squeeze capacity, drive spot rates up 20 cents; Trucking vows to fight back after California clears the way for AB5; Biden aims for 24/7 supply chains, but trucking groups dubious; Biden signs $1.2 trillion infrastructure bill View online | Sign up | Forward

2022 is almost here. We got through another year of the pandemic, and trucking rose to the challenge — again. As we look back on 2021, it was about more than just hauling freight. Deals got done, new companies rose, public officials passed infrastructure spending bills, and a new administration took over the Department of Transportation. It's hard to pick a single story that was the biggest trucking news of 2021, except for the ongoing pandemic challenges. Those challenges, and the accompanying consumer demand, have kept spot rates elevated and capacity tight, while creating a historic bottleneck at the San Pedro Bay ports in California. You can be sure 2022 will be full of news and a need for insight. Transport Dive will be there for it, and you can send me any tips if you see news. Have a happy holiday season. Jim Stinson Senior Reporter, Transport Dive Twitter | Email P.S.: If you find value in Transport Dive, we hope you’ll take a moment and encourage your team members and colleagues to also subscribe. Share this link to get them signed up: https://www.transportdive.com/signup/insiders/?signup_referred_by=5f93078d7aa51972095c9316 UPS sells Freight segment to TFI for $800M The sale focuses UPS on its core parcel businesses while allowing TFI to expand its diverse trucking portfolio in a continued acquisition spree. Winter storms squeeze capacity, drive spot rates up 20 cents Long-haul deliveries and outbound volumes dropped in Texas markets, but analysts said effects may be just a "blip" on the long-term freight market radar. UPDATED Trucking vows to fight back after California clears the way for AB5 The California Trucking Association is petitioning the U.S. Supreme Court, after an appeals court rejected CTA's request for a rehearing. Biden aims for 24/7 supply chains, but trucking groups dubious Drayage providers and truck drivers are not the source of congestion — chassis are, said the CEO of the Harbor Trucking Association. UPDATED Biden signs $1.2 trillion infrastructure bill Along with repairing roads and bridges, the funding is likely to increase demand for flatbed services, while possibly upping competition for labor. UPDATED Senate confirms Pete Buttigieg as DOT secretary Confirmation came nearly two weeks after Senate nomination hearings, during which Buttigieg said the "time is now" for infrastructure investment. UPDATED XPO Logistics names contract-logistics business GXO The company's spinoff splits it into two: a global LTL carrier and transport broker, and a provider of third-party logistics.

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