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 […]
Shipment volumes for the month fell 6.4 percent from December due to “normal seasonality,” but were up 3.2 percent compared with the same 2016 period, the second year-over-year increase in as many months, according to the latest Cass Freight Index Report.
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.
Semi-autonomous Level 3 trucks will be ubiquitous on America’s highways within 5-10 years; driverless Level 5 vehicles some time after that.
The first quarter may be a slack season for truck freight as the industry catches its breath after the frenzied winter holidays and gears up for the spring surge in home goods sales, but US shippers are moving quickly to seal new pricing contracts with trucking companies. (This article requires registration at the Journal of […]
A large coalition of groups representing property and passenger carriers is requesting that Secretary of Transportation Elaine Chao rescind the Carrier Safety Fitness Determination notice of proposed rulemaking issued over a year ago by the Federal Motor Carrier Safety Administration.
After a dismal 2016, the heavy-duty truck business looks to be picking up. Analysis of January sales by two different trucking industry research firms found that orders last month were unexpectedly strong. North American Orders for trucks in the heaviest Class 8 segment reach 21,600 vehicles, a 20 percent increase compared with the same month […]
Higher fuel prices are likely to jack up transportation costs for US shippers this year by pushing up fuel surcharges. Steadily rising US diesel fuel prices already are pushing up surcharges added to freight rates, reversing a two-year trend that cut into the revenue and earnings of truckers and intermodal operators as fuel prices plummeted. […]
As consumers are turning away from purchasing products in traditional brick-and-mortar stores in favor of buying those same goods online, the need for enhanced reverse logistics services is becoming increasingly more apparent.
Some are predicting “the mother of all capacity shortages,” resulting in significantly rising rates. The source of this looming crisis: the electronic logging device mandate. If it’s not pushed back or scrapped, the Federal Motor Carrier Safety Administration’s final ELD rule requires virtually all interstate operators of commercial trucks that are year 2000 or newer […]
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