Spotlight
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Trucker detention waning
Truck driver detention at shipper and consignee docks is decreasing , thanks in part to the soft freight market , but detention is still causing significant supply chain inefficiencies and costing drivers and trucking companies money , according to a new report . The American Transportation Research Institute ( ATRI ) report , released in mid- September , said the frequency of driver detention dropped 6.5 percentage points between 2014 and 2023 . ATRI ’ s last detention study , released in 2019 , found that detention was increasing . The new study shows some trends reversing . Detention isn ’ t just a driver or carrier problem ; it ’ s often a sign of upstream supply chain problems . And detention can spread inefficiencies across multiple shippers , tightening capacity , delaying freight deliveries and ultimately driving up shipping costs .
NS fires CEO Shaw
Norfolk Southern ( NS ) has fired CEO Alan Shaw after an internal investigation by the railroad found he violated company policy by engaging in a “ consensual relationship ” with the company ’ s chief legal officer . Chief Financial Officer Mark George has been appointed president and CEO and will join the railroad ’ s board of directors . “ Shaw ’ s departure is unrelated to the company ’ s performance , financial reporting and results of operations ,” NS said . His nearly four-year tenure at the helm of NS was turbulent and included a derailment in East Palestine , Ohio , and a proxy battle with Ancora Holdings . The company also dismissed Nabanita Nag , the railroad ’ s chief legal officer , following the investigation .
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www . joc . com October 7 , 2024 | Journal of Commerce 7