Trailer orders hit their lowest level in nearly a decade in June, mirroring the slowdown in new truck orders after record performances for both in 2018.
Economic data from the goods side of the economy continued to trend in a positive direction in June, as both retail sales and industrial production posted solid gains.
The trucking industry’s technical recession is causing real-world impacts to the used truck market, where sales continue to fall and even sought-after low-mileage rigs are under pressure. Preliminary used Class 8 same dealer sales fell 8 percent in June compared with May, according to ACT Research. Used truck sales were down 25 percent compared with […]
Donald Broughton’s third article about the impact of the gross domestic product and how it can be useful for business intelligence and forecasting is a must-read.
Laredo Mayor Pete Saenz recently highlighted plans to remodel and expand the World Trade International Bridge, speeding up wait times for the 12,000 trucks crossing the Texas-Mexico border every day. Saenz’s comments came during his speech at the 80th annual Congress of the Mexican Confederation of Associations of Customs Agents (CAAAREM) in Mérida, Mexico, July […]
The U.K. is on the threshold of becoming independent from the EU, but it does not seem to have answers to the trade and logistics nightmare that would follow post-Brexit.
Ben Thrower recently visited the Panama Canal. He writes about the canal’s expansion and what that means to global trade and the maritime industry.
Producer price data shows that trucking rates made some gains in June, but much of this was likely driven by seasonality
United States and Mexican avocado growers and importers recently broke ground on a partnership facility called “Casa APEAM” in Uruapan, Mexico. The new $12 million facility will be a venture between the Association of Export Producers and Packers of Avocado from Mexico (APEAM), the Mexican Department of Agriculture and Agrarian Development (SADER), and also house […]
Premiers seek to improve the flow of goods among provinces, but stop short of pushing for major leaps during annual summit.
Texas Gov. Greg Abott recently signed a bill aiming to speed up the inspection process for trucks carrying fresh produce across ports-of-entries along the Texas-Mexico border. Texas House Bill 2155, which goes into effect September 1, reauthorizes a 2015 program allowing the Texas Department of Agriculture (TDA) to award grants totaling $750,000 over the next […]
A week after several international border bridges between the United States and Mexico had to be closed because of the migration crisis, U.S. officials announced migrant border arrests fell 28 percent in June. The U.S. Department of Homeland Security (DHS) announced July 9 that about 104,000 migrants were taken into custody entering the Southwest border […]
Drivers of 18-wheelers, tractor-trailers, delivery trucks, freight trucks and tanker trucks hauled more than $671 billion in goods across the United States-Mexico border in 2018. However, there are around 50,000 unfilled driver positions throughout Mexico, according to Enrique González Muñoz, president of the Mexico City-based National Chamber of Freight Transport (CANACAR). The biggest need is […]
Latest U.S. trade data for air cargo reveals a lot of noteworthy developments to watch going forward
As one of the fastest growing economies in the world, India has its fair share of trouble reducing its overall spend in logistics. Looking at improving infrastructure and creating multimodal hubs can help.
Jim Blaze writes about railroad movement of scrap – the market today and the future of the market.
Cathy Roberson writes about Beijing’s new airport – and plans for many new airports in China and what impact they may have on the economy of the country.
FreightWaves’ Freight Intel Group has released a new study of the impact of IMO 2020 on the U.S. trucking industries (and other industries). Read what may happen to diesel fuel prices.
More than $400 billion in freight crossed in both directions through the United States-Mexico border by truck in 2018. In Laredo, Texas, alone, more than two million trucks carried goods across the border last year. While President Donald Trump’s trade wars with Mexico and China have destabilized business markets, industry professionals said business along the […]
Job growth rebounded nicely in June as the economy added 224,000 workers to payrolls during the month. The transportation and logistics sector was one of the many areas of strength in June, led by improved gains among parcel and trucking companies.
