The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending February 2, 2019, as well as volumes for January 2019. U.S. railroads originated 1,238,487 carloads in January 2019, up 1.7 percent, or 21,054 carloads, from January 2018. U.S. railroads also originated 1,316,168 containers and trailers in January 2019, up 0.5 […]
Among myriad goals and accomplishments outlined in his State of the Union address Tuesday night, President Trump asked Capitol Hill lawmakers to “unite for a great rebuilding of America’s crumbling infrastructure.”
The Port of New York and New Jersey witnessed a record-breaking year as it handled over 7 million TEU in 2018 for the first time in its history.
Last year, the big question about the US economy was, “How fast will it grow?” Now, everyone’s asking, “How fast will it slow?” Euphoria has given way to worry and concern amid trade disputes, stock market volatility, and a partial government shutdown. Economists who spoke at the SMC3 Jump Start 2019 conference this week don’t […]
The Institute for Supply Management (ISM)reported today its Non-Manufacturing Report on Business that non-manufacturing activity grew to start 2019, albeit at a slightly slower level than it did to close 2018.
A slowing Canadian economy will result in consumer spending falling to its lowest level in a decade this year, according to a new report from the National Bank of Canada. Economists at the bank expect real consumption growth – which is calculated once the impact of inflation is stripped out – to hit 1.3 per cent in 2019, which would be the lowest since 2009 […]
The trade war between the United States and China has caused major disruptions for global businesses – but it may also bring benefits for some. Companies in Europe, Mexico, Japan and Canada could add tens of billions of dollars in export orders if the conflict drags on, according to a study released this week by the United Nations Conference on […]
Oil sank for a second straight day as service-sector orders fed worries about the economy and traders received another report of booming U.S. crude supplies.
For US shippers struggling to secure truck capacity, now is the time to act, and the first thing they should think about is time, especially how much time is lost in their supply chains. Capacity most often is measured in drivers, tractors, trailers, containers – all physical assets, human or otherwise – and space, as in […]
American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 6.6% in all of 2018 – the largest annual gain since 1998 and significantly better than the 3.8% increase in 2017.
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