At the US-Mexican border, a long-term, costly imbalance in north- and southbound tractor-trailers threatens to slow cross-border supply chains just when higher freight volumes demand faster shipping. The imbalance hits shippers hard in the spring and early summer, the peak produce shipping season from Mexico, and in recent years it has been getting worse. The […]
United States looks to block Mexican trucks in any NAFTA deal
According to a recent report by Bloomberg, American negotiators are advocating to remove Mexican long-haul trucks from the NAFTA Chapter on cross-border services. Under the current NAFTA agreement, the U.S. has long been restricting trade over the Mexican border. The 1994 protocol provision opened up the United States to Mexican long-haul truck transportation, which was […]
DOT website suffers ‘bot’ attack over ELDs
When the Department of Transportation (DOT) in early October asked for the public’s help with identifying regulations that should be repealed, replaced or suspended, it didn’t expect to be inundated by “bots.” Federal agencies are used to receiving large numbers of comments from people who are part of well-organized, grassroots write-in campaigns, but this time […]
Agriculture Industry Turns to Rail Transportation to Maximize Harvest Season
The 2017 Harvest Season is coming to a close and according to the USDA, this year’s harvest is projected to result in near record level yields with an estimated 14.3 billion bushels of corn and 4.43 billion bushels of soybeans. During this peak season for the agribusiness industry, the efficient and reliable transportation of crops […]
Boeing patented intermodal container plane
Boeing holds a little-known patent that could revolutionize the way air freight moves. In December of 2015 the company patented a design for a cargo ship that can roll over a row of 20-, 40-, or 53-foot intermodal shipping containers, lower itself, lock them into place, and then proceed down the runway and take off. […]
E-commerce makes peak season for air cargo year-long
The impact of e-commerce on the air cargo market this year has been immense as rapidly rising online ordering drives up demand for cross-border shipments. Nowhere is this more apparent than in China, with Alibaba claiming that more than a million retailers participated in the country’s Singles’ Day Nov. 11 online shopping extravaganza. Alibaba said […]
NRF: US Container Ports to Witness Flat November Imports
After months of record-setting volume ahead of the holiday season, imports at major US container ports should be essentially flat this month compared with the same time last year, the National Retail Federation and Hackett Associates said.
US regulators move to ease NVOCC contracting rules
US maritime regulators have proposed changes designed to make it easier for non-vessel-operating common carriers (NVOCCs) to provide negotiated rate and service arrangements. NVOCCs cheered the unanimous vote by the Federal Maritime Commission (FMC) to issue a notice of proposed rulemaking in response to a 2015 petition by the National Customs Brokers and Forwarders Association […]
U.S. Household Debt Reaches New Record as Some Delinquency Rates Rise
Delinquency rates have been creeping higher for certain loans in a sign some Americans are under growing financial stress as the total debt held by U.S. households continues to hit new highs. The Federal Reserve Bank of New York said Tuesday that household debt totaled $12.955 trillion last quarter, up 0.9% from the spring for […]
U.S. to Dominate Oil Markets After Biggest Boom in World History
The U.S. will be a dominant force in global oil and gas markets for many years to come as the shale boom becomes the biggest supply surge in history, the International Energy Agency predicted. By 2025, the growth in American oil production will equal that achieved by Saudi Arabia at the height of its expansion, […]