Demand in the North America-East Coast South America container trade is expected to see gradual improvement during 2018, shipping consultancy Drewry said.
Mexican importers shift cargo from US West Coast to home ports
Lower ocean rates to send cargo from Asia through Mexico’s Pacific Coast ports compared with US West Coast ports, an increase in the number of shipping services, and the growing cost and difficulty of securing trucking services in the United States are spurring Mexican importers to route more cargo directly. (This article requires a subscription […]
NRF: US Container Imports to Rise despite Threat of Tariffs
Imports at the major retail container ports in the US are expected to grow steadily throughout the summer despite the prospect of heavy tariffs on goods from China, the National Retail Federation said.
Retail Sales Gain Points to Healthier Second Quarter
U.S. retail sales rose in broad fashion last month as bigger after-tax paychecks helped compensate for rising fuel costs, signaling consumer demand was off to a firm start this quarter.
Will hundreds of electric trucks hauling beer be U.S. reality in only two years?
Looking to convert its entire U.S. long-haul fleet to renewable power by 2025, Anheuser-Busch, the nation’s largest brewer, has ordered “up to 800” of Nikola Motor Co.’s electric semi-trucks. The trucks are powered by hydrogen fuel cells and will have a range of 500-1,200 miles, Nikola said, and are expected to be rolling as part […]
Trucking Industry Seeks to Avoid ‘Robot Apocalypse’
The trucking and logistics industry has entered a disruptive period in which fuels, propulsion systems and the driving process itself are the subjects of debate. One key question is whether the industry is facing a “robot apocalypse” where self-driving trucks will replace millions of drivers.
Rail Traffic for the Week Ending May 5, 2018
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending May 5, 2018. For this week, total U.S. weekly rail traffic was 545,937 carloads and intermodal units, up 7.5 percent compared with the same week last year. Total carloads for the week ending May 5 were 265,563 carloads, up 6.4 […]
AAR to DOT: Automation “at an inflection point”
The Association of American Railroads (AAR) on May 7 filed comment with the Federal Railroad Administration (FRA) and the Pipeline and Hazardous Materials Safety Administration (PHMSA) that call for the U.S. Department of Transportation “to take the same supportive regulatory approach with railroads that it has with automation of trucks and cars.”
Airfreight rates continue to track ahead of 2017 levels in April
Air cargo carriers continued to see airfreight rates improve in April compared with a year earlier. According to the latest figures from data provider Tac Index, carriers offering cargo capacity on services from Hong Kong to North America saw prices increase by 14.8% year on year in April to $3.65 per kg.
BIMCO: Trade War Would Hurt the Fronthaul Transpacific Leg
A potential trade war between the world’s top trading partners could lead to a drop in container shipping industry’s volumes on the essential leg of a transpacific voyage from China into the US, according to BIMCO.