U.S. Commerce Secretary Wilbur Ross said on Friday that he hopes to launch formal talks to renegotiate the North American Free Trade Agreement with Canada and Mexico in a little over three months, setting in motion a campaign promise made by President Donald Trump.
The Association of American Railroads (AAR) today reported weekly U.S. rail traffic, as well as volumes for February 2017. Carload traffic in February totaled 1,044,040 carloads, up 6.7 percent or 65,141 carloads from February 2016. U.S. railroads also originated 1,068,439 containers and trailers in February 2017, up 1.8 percent or 19,350 units from the same […]
A severe lack of technology with container-level visibility is stunting matchback opportunities for shippers in the US heartland, spurring the need for a portal detailing container type, location and availability for beneficial-cargo-owners and transport providers. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
In his first speech to a joint session of Congress, President Donald Trump said last night that he will send lawmakers a bill calling for a $1 trillion investment in the nation’s infrastructure. Earlier in the day, Association of American Railroads (AAR) President Ed Hamberger outlined a five-point policy position on infrastructure investment in an […]
A group representing global container lines blasted a beneficial cargo owner-led effort to prevent marine terminal operators and carriers for fining them when forces out of their control prevent them from picking up or returning containers and chassis, saying it could cause “more disputes and port congestion.” (This article requires registration at the Journal of […]
What happens next for North American trade talks? It’s not just Canadians and Mexicans who’d like to know. So would members of the United States Congress, who actually have a legal role in trade talks. The American law allowing fast-track approval for trade deals sets out two necessary steps involving lawmakers: first, the president must […]
United States trade with its North American Free Trade Agreement (NAFTA) partners Canada and Mexico rose 0.4 percent annually to $87.1 billion, according to data issued by the Department of Transportation’s Bureau of Transportation Statistics (BTS), which was released this week.
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending February 18, 2017. For this week, total U.S. weekly rail traffic was 531,123 carloads and intermodal units, up 6.8 percent compared with the same week last year.
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending February 11, 2017. For this week, total U.S. weekly rail traffic was 518,431 carloads and intermodal units, up 2.6 percent compared with the same week last year.
The Trump administration’s recent regulatory rollback has thrown into question the future of a long-standing push by shippers seeking to move their freight from one rail line to another nearby network. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
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