Shortly after President Donald Trump took office in January, he warned that the United States would exit the North American Free Trade Agreement (NAFTA) if the pact wasn’t renegotiated in the nation’s favor. The leaders of hundreds of U.S. companies that generate business in Canada and Mexico – including the Class Is – grew anxious […]
New speakers have been added to the Freighters World Conference line-up, while all entries for the gala awards ceremony are now in. This year’s Freighters World Conference and Awards event takes place in Chicago at the InterContinental Hotel from September 26-27, with a welcome reception the evening before the event starts.
Later this month, British all-cargo airline CargoLogicAir (CLA) will begin twice-weekly U.K.-to-Mexico service – the first scheduled cargo route the carrier has offered – linking Mexico City to markets in the United States, via Atlanta, and the carrier’s London-based hub.
Californian Port of Oakland is anticipating a five-year run of record cargo volume beginning in 2018. By 2022, the port expects to handle the equivalent of 2.6 million 20-foot containers annually. The number would represent 8 percent more volume than the port has ever processed in a single year.
The G20’s Global Infrastructure Hub and Oxford Economics have released a report that finds that the world will need nearly $100tr in infrastructure investment by 2040. This equates to nearly $4tr every year – about the same amount as the GDP of Germany.
The number of Americans filing for unemployment benefits unexpectedly rose last week, but the underlying trend remained consistent with a tightening labor market. Initial claims for state unemployment benefits increased 3,000 to a seasonally adjusted 244,000 for the week ended Aug. 5, the Labor Department said on Thursday.
More than 21 members of the U.S. House have signed on as co-sponsors to a bill that would delay the compliance date of the looming electronic logging device mandate. The bill, if enacted, would give drivers and carriers two extra years to adopt ELDs by pushing the compliance deadline to December 2019.
A new report released Monday by the American Trucking Associations (ATA) projects freight volumes will increase by nearly 29 percent over the next 11 years. Forecast, a collaboration between ATA and IHS Global Insight, projects a 28.6 percent increase in freight tonnage and an increase in freight revenues of 74.5 percent to $1.52 trillion in […]
A rise in the value of cross-border trucking freight between the U.S. and the other two North American Free Trade Agreement partner counties helped push total value of commodities higher for the seventh straight month in May, according to a new Transportation Department report.
Chicago area draymen are charging shippers surcharges of $75 and even double that for every load moving through one of Canadian National Railway’s intermodal terminals even as th railroad said operations have returned to “near-normal levels.” According to CN, reported five-hour-long wait times at the Harvey, Illinois, terminal, which are a product of “unplanned network […]
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