The most recent edition of the Trucking Conditions Index (TCI) issued this week by freight transportation consultancy FTR remained in familiar territory, as market conditions appeared to show signs of stabilization at the end of 2016 heading into 2017.
A new lobbying force representing well-heeled industry players, ranging from Amazon to the National Retail Federation, might have a rare opening to advance freight-friendly policies, considering the Trump administration’s support for infrastructure and cutting regulation. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
The trucking and rail industries, often at odds in Washington, are teaming up to press the incoming Trump administration to limit the ability of transportation regulators to write new rules. (This article requires a subscription to the Wall Street Journal. To access, please click on the above link.)
Major container ports in the United States handled 1.64 million TEUs in November, down 6.6 percent from October but up 11.2 percent from November 2015, according to the Global Port Tracker report by the National Retail Federation and Hackett Associates.
Diesel prices finally dropped after a month and half streak of weekly increases, according to the latest numbers from the Energy Department.
An atypical late in the year holiday season bump was evident, based on data issued this week in the most recent edition of the Port Tracker report issued by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.
2016 was one of the wildest years in container shipping history. Within one year, the industry witnessed the largest bankruptcy in history with Hanjin Shipping, historically low spot rates, the narrowing of the Top 20 global container lines to 14, and the dramatic reorganization of global shipping lines into new, larger vessel-sharing agreements. With the […]
In the first week of the year, diesel prices continued to rise, extending a 6-week streak of increases, according to the latest numbers from the Energy Department. The average price of on-highway diesel fuel in the U.S. increased 1.1 cents last week, rising to $2.597 per gallon at the pump. The price is now 42 […]
America brings in lots of cars and auto parts from Mexico. It’s by far the No. 1 good shipped north of the border. If you take away those shipments, the U.S. wouldn’t have a trade deficit with Mexico. The U.S. imported $78 billion of cars and auto parts in 2015 from Mexico. America’s overall trade […]
In so many ways 2016 was an unprecedented, volatile and, for some, excruciating 12 months. And the housing market was not immune to the year’s whims. At the start experts anticipated a pick up in building activity, instead builders are still not producing enough homes. Meanwhile, home prices appreciated beyond expectations and mortgage rates toyed […]
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