U.S. Commerce Secretary Wilbur Ross said on Friday that he hopes to launch formal talks to renegotiate the North American Free Trade Agreement with Canada and Mexico in a little over three months, setting in motion a campaign promise made by President Donald Trump.
Those looking for a trigger for higher US truck rates may find one in the spot market. US spot truckload rates shot up in early March, after weeks trailing higher freight volumes. Dry van spot rates rose in 56 of the 100 top truckload lanes, DAT Solutions said, led by outbound rates from Memphis, Tennessee, […]
The global economy may not be strong enough to withstand risks from increased trade barriers, overblown stock markets or potential currency volatility, according to the Organisation for Economic Cooperation and Development. While forecasting a pickup in growth this year and next, it said the pace is still too slow and warned there’s much that could […]
After some two years, rules governing truckers’ use of a 34-hour restart have been settled by a report issued by the Department of Transportation. The new study confirms that truckers’ 34-hour restarts will not require two 1 a.m. to 5 a.m. periods and will not be limited to once per week.
Net orders for North American Class 8 trucks totaled 22,900 units in February 2017, up 5 percent from the previous month and 28 percent from the previous year, according to freight transportation analyst FTR.
Help wanted: America needs truck drivers. In 2015, American Trucking Associations estimated that for-hire trucking companies had nearly 50,000 fewer drivers than they needed. The shortage was less severe in 2016, but the trade group expects it to worsen in coming years. (This article requires a subscription to the Wall Street Journal. To subscribe, please […]
As we roll into 2017, it’s clear that the $36 billion less-than-truckload (LTL) sector is enjoying a financial renaissance as carriers continue their new-found pricing discipline and resist the urge to expand capacity beyond fulfilling immediate shipper needs.
The Association of American Railroads (AAR) today reported weekly U.S. rail traffic, as well as volumes for February 2017. Carload traffic in February totaled 1,044,040 carloads, up 6.7 percent or 65,141 carloads from February 2016. U.S. railroads also originated 1,068,439 containers and trailers in February 2017, up 1.8 percent or 19,350 units from the same […]
A severe lack of technology with container-level visibility is stunting matchback opportunities for shippers in the US heartland, spurring the need for a portal detailing container type, location and availability for beneficial-cargo-owners and transport providers. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
The US Federal Maritime Commission (FMC) has voted to amend its rules involving Service Contracts and NVOCC Service Arrangements (NSAs) in order to ease regulatory burdens and make the agency’s rules more consistent with how the ocean shipping business is now practiced.
©2026 MODE Transportation, A MODE Global Company / Terms of Service / Privacy Statement / Mexico Privacy / Supplier Code Of Conduct / Cookie Policy / Website Terms & Conditions / Human Rights Policy