Last week, President Trump announced that the proposed 10% tariff on $200 billion worth of China imports would be more than doubled to 25% in order to offset any change in currency prices. China warned that they are not going to take this sitting down, and said they have $60 billion worth of tariffs of […]
The total value of cross-border trade between the United States and its partners in the North American Free Trade Agreement – Canada and Mexico – climbed another 9.2 percent to $102.5 billion in May compared with the same month a year ago, according to the latest data from the U.S. Department of Transportation’s Bureau of […]
The container shipping companies are faced with the perfect storm with the ever tighter environmental regulations coming into force and oil prices jumping, exerting further pressure on liners to squeeze out profit from the buoyant demand.
US importers are facing a perilous peak season in the trans-Pacific this year, with many likely to be forced to pay significantly higher rates to get goods onto ships that in many cases are nearly sold out. Ocean carriers in certain cases are holding the line on weekly minimum quantity commitments (MQC) as they have […]
Call it huge or fantastic or even beautiful. Trumpian adjectives are absolutely appropriate to describe the humming U.S. economy in the second quarter of this year. The great American opportunity machine is roaring once again. While it may be unlikely that growth will be quite this strong in the quarters to come, Friday’s GDP report […]
A shortage of truck drivers that has been simmering in the U.S. for years has reached a full boil, causing anxiety from small factories to the Federal Reserve. Trucking companies have responded by raising wages and boosting their hauling fees. Their customers then have to choose between smaller profits or passing along the higher costs, […]
You never get a second chance to make a first impression. That old chestnut could have served as the title to Stay Metrics’ latest white paper. Instead, the analytics firm, which specializes in driver retention, engagement and training, went with a couple of cover-page questions: “Is Early Turnover Damaging the Business? How and What Can […]
Uber officials said July 30 it is closing its autonomous trucks segment to concentrate on its self-driving cars. Uber told CNN, NBC and other news outlets that it wants to focus all its expertise and energy on deploying self-driving cars, adding the company had concluded that is “the best path forward.” Uber acquired the autonomous […]
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending July 28, 2018, as well as volumes for July 2018. U.S. railroads originated 1,048,293 carloads in July 2018, up 3.5 percent, or 35,208 carloads, from July 2017. U.S. railroads also originated 1,108,142 containers and trailers in July 2018, up 6.9 […]
Second quarter intermodal volume growth picked up where the first quarter left off: heading in the right direction and going strong. That was one of the key takeaways from theIntermodal Association of North America’s (IANA) quarterly “Intermodal Market Trends & Statistics Report,” which was released this week.
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