The two largest US intermodal marketing companies are promising to increase domestic intermodal rates this year – after their volumes rebounded in the fourth quarter, they gained a larger share of 53-foot container moves, and a pricing index ticked up. (This article requires registration at the Journal of Commerce. To access, please click on the […]
Mexico, the United States and Canada could overhaul rules about a product’s country of origin in a renegotiation of the NAFTA trade treaty in order to strengthen regional supply chains, the Mexican economy minister said on Thursday.
U.S. freight railroads are projected to spend an estimated $22 billion to maintain and upgrade the nation’s private rail network in 2017, sizeable investments the industry says will strengthen an essential transportation system.
Modal lines that hardened as US economic growth slowed dramatically in 2015 and 2016 and truckload rates plummeted appear to be softening. As the economy improves, businesses expect truckload rates to rise, and those companies are looking for alternative routes to savings. (This article requires registration at the Journal of Commerce. To access, please click […]
The U.S. economy lost momentum in the final three months of 2016, closing out a year in which growth turned in the weakest performance in five years.
• Transports are now up 3.1 percent; whereas the SPY is up 2.4 percent. • President Trump and U.S.-Mexico issues continue to garner headlines. • Mexico indices and select individual companies performed strongly during the week. • Slower GDP growth for the fourth quarter isn’t such a bad thing; but getting the federal budget passed […]
Moderately favorable was how freight transportation forecasting firm FTR described the current state of the intermodal sector vis a vis to truck, according to the Intermodal Competitive Index (ICI), which the firm recently released.
Three measures of freight activity and spending were mixed, according to new figures, but the outlook for their performances has improved, according to Cass Information Systems.
Newly released figures show the value of cross-border freight moved between the U.S. and its neighbors directly to the north and south increased in November for the only the second time in nearly two years, but trucking had the smallest gain.
The nation’s highway and transit systems need to overcome a nearly trillion-dollar investment backlog, according to a new report on the state of America’s transportation infrastructure commissioned by the Department of Transportation.
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