While trailer orders declined month-over-month July, according to the latest data, and are expected to keep dropping in August, the year-over-year trend is far stronger – with orders expected to pick back up starting in September.
Joint US-Mexican rail facility to speed trains at Laredo
As US, Mexican and Canadian negotiators clash over the future of the North American Free Trade Agreement, trucking companies, railroads and logistics providers are expanding facilities in Laredo, Texas, to combat congestion, equipment imbalances, and expedite shipments and vehicles at the border. (This article requires a subscription to the Journal of Commerce. To subscribe, please […]
Americas Cargo Monthly: Airfreight demand continues to soar at US carriers
US airlines continued to see air cargo traffic increase at double-digit percentage levels in July, with improvements recorded at American, Delta and United. United, the largest freight carrier of the three airlines, saw demand increase by 17.1% year on year during the month to reach 279m cargo ton miles (CTM).
Airbus Achieves a Global First With Its Hot A320
With little fanfare, Airbus SE is about to mark an unusual milestone in aviation: simultaneous production of the same aircraft on three continents. The company will hand over the first A320 to roll out of its Mobile, Alabama, assembly plant on Aug. 25, meaning North America will join Europe and Asia in producing the most […]
US East Coast Ports Yet to See Major Change in Vessel Sizes from Asia
Deployment of bigger container shipping vessels to the United States East Coast ports is yet to take place as carriers take their time to reshuffle their vessel schedules. Despite the removal of infrastructural obstacles that prevented bigger ships from entering East Coast ports, including the expansion of the Panama Canal and the most recent raising […]
New home sales plunge 9.4% in July, falling to 7-month low
New U.S. single-family home sales unexpectedly fell in July, dropping to their lowest level in seven months, which could raise concerns of a slowdown in the housing market recovery. The Commerce Department said on Wednesday new home sales tumbled 9.4 percent to a seasonally adjusted annual rate of 571,000 units last month, the lowest level […]
Mexican Economy Grows for 16th Straight Quarter
Mexico chalked up its 16th consecutive quarter of economic growth in the April-to-June period as strong services output compensated for sluggish industrial production. Gross domestic product, a measure of output in goods and services, expanded 0.6% seasonally adjusted from the first quarter and was up 1.8% from a year before, the National Statistics Institute said […]
China’s Robot Revolution May Affect the Global Economy
China is installing more robots than any other nation, and that may affect every other nation. Shipments jumped 27 percent to about 90,000 units last year, a single-country record and almost a third of the global total, and will nearly double to 160,000 in 2019, the International Federation of Robotics estimates. The blazing pace hasn’t […]
AAR Reports Weekly Rail Traffic for the Week Ending August 19, 2017
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending August 19, 2017. For this week, total U.S. weekly rail traffic was 554,021 carloads and intermodal units, up 4.4 percent compared with the same week last year. Total carloads for the week ending August 19 were 271,675 carloads, up 0.8 […]
AAR Reports Weekly Rail Traffic for the Week Ending August 12, 2017
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending August 12, 2017. For this week, total U.S. weekly rail traffic was 548,790 carloads and intermodal units, up 2.7 percent compared with the same week last year. Total carloads for the week ending August 12 were 268,364 carloads, up 0.3 […]