Trucks again carried the majority of cross-border imports and exports during the month of September, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS). Cross-border truck freight between the U.S., Canada and Mexico totaled $64 billion, or 63.1% of all cross-border freight during September 2019.
Dallas-based Mode Transportation and SunteckTTS Inc. have reached an agreement to merge the two transportation and logistics companies under the Mode branding, generating more than $2 billion in annual revenue, according to a release. The two companies believe the merger will allow it to leverage even larger scale and resources to serve the shipping and […]
Economic growth in the U.S. has softened considerably since the end of the summer, according to an index that measures the nation’s economic health. The leading economic index fell 0.1% in October to mark the third straight decline, the Conference Board said Thursday.
U.S. economic growth for the third quarter is likely to be revised higher after data on Tuesday showed stronger consumer spending than initially estimated, according to JPMorgan. It said the Commerce Department’s quarterly services survey, or QSS, on Tuesday implied spending on legal services increased at a faster pace than the government had assumed in […]
Refrigerated/temperature controlled or otherwise affectionately known ‘reefer’ trailer demand is on the rise this November as temperatures drop and produce harvests decline, which begs the question—what? The idea that a trailer equipped with a unit that is primarily designed to keep its contents cool is in higher demand than it was in June seems strange […]
A number of safety-related items for dry van trailers are growing in popularity among fleets, said Mark Schultz, dry van product director of Great Dane Trailers. “Rear bumpers like the Great Dane RIG30 are available to meet the 30% offset guidelines,” he noted. “There are high-mounted dual turn and stop indicator lamps on rear frame […]
The momentum within the container sector toward U.S. East Coast ports at the expense of West Coast ports continues to build, according to multiple data sets available on the FreightWaves SONAR platform. In general, the more popular the East Coast becomes among container lines, the better for trucking demand and the worse for intermodal rail […]
On Jan. 1, 2020, new emissions standards from the International Maritime Organization (IMO), designed to curb emissions produced by maritime shipping, will go into effect. The new standards will further limit the acceptable levels of sulfur in ship fuel. The standards are likely to have a profound impact on the global logistics industry, as nearly […]
Keeping up in a world hurtling toward the dawn of the IMO 2020 mandate is the biggest challenge facing the maritime industry, according to Kathy Metcalf, president and CEO of the Chamber of Shipping of America. In a discussion at the Women’s International Shipping & Trade Association (WISTA) International Annual General Meeting & Conference, Metcalf […]
Florida’s Jacksonville Port Authority (Jaxport) yesterday announced it has been awarded a $20 million federal grant to reconstruct more than 100 acres of existing terminal pavement at the SSA Jacksonville Container Terminal at the port’s Blount Island Marine Terminal.
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