The price of diesel fuel in the U.S. increased for the first time in a month, ending a streak of three straight weeks of price drops, according to the latest numbers from the Energy Department. The average price of on-highway diesel fuel jumped 2.4 cents last week, hitting $2.556 per gallon at the pump. The […]
The U.S. trade deficit fell from a near two year high in February as slowing domestic demand weighed on imports and stronger global growth boosted exports of American goods. The politically sensitive trade gap with China narrowed sharply by 26.6 percent from January to $23 billion ahead of a summit between President Donald Trump and […]
Amazon may not be the biggest U.S. retailer in terms of revenue, but it certainly is the most valuable. After a remarkable market run over the last two years, its stock has nearly tripled in value to an astronomical $922, swelling Amazon’s market cap to $439.8 billion, which far surpasses the combined valuations of rivals […]
When doing business globally, who pays the freight, you or your vendor? Who assumes the risk if cargo is damaged? Enter Incoterms, a set of international rules that interprets the most commonly used trade terms.
The Federal Motor Carrier Safety Administration announced it will hold a public meeting May 9 to discuss technical specifications for electronic logging devices that are scheduled to become mandatory for trucking fleets this December. This meeting will be a forum for discussion of the minimum requirements for ELDs and is being held to help manufacturers […]
The number of available loads on the spot market jumped 7.1% during the week ending April 1 as shippers worked to finish Q1 on a high note, according to DAT Solutions and based on its network of load boards.
While motor carriers continue to work hard to fill driver seats, data issued today by the American Trucking Associations (ATA) is showing that the efforts are showing signs of paying off more so than usual. ATA reported that the annualized turnover rate for large truckload carriers, which it defines as truckload fleets with more than […]
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending March 25, 2017. For this week, total U.S. weekly rail traffic was 526,471 carloads and intermodal units, up 12 percent compared with the same week last year. Total carloads for the week ending March 25 were 260,897 carloads, up 12.4 […]
Shippers concerned about tightening US truck capacity may need to broaden their search for space to put freight. Large US truckload carriers are clawing back their own capacity by cutting trucks from their fleets, but a rise in the number of motor carriers at the other end of the for-hire trucking scale is adding to […]
A healthy U.S. economy has shipping rates poised to head higher, but an upcoming federal mandate to equip long-haul trucks with electronic logging devices could disrupt the industry and launch trucking prices into an even more rapid ascent.
©2023 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