Port Corpus Christi could emerge as the United States’ top crude oil export hub over the next decade, thanks to more than $380 million in new shipping facilities and three oil pipeline projects worth $5.2 billion, according to a new study. Wood Mackenzie’s North America Crude Markets Service reported that the startup of three new […]
It may have gotten lost in the United States’ trade war with China and immigration battle with Mexico, but President Donald Trump’s steep tariffs on all imported steel and aluminum were lifted on May 17. With the change in the Trump Administration’s policy, Canada and Mexico received a reprieve on steel and aluminum coming from […]
Softer air cargo seen across all major global trade lanes this year, but Industry leaders still optimistic.
A climbing stock market could have consumers reaching for their wallets more often and making bigger purchases, helping sustain retail growth throughout the summer.
After the threat of President Donald Trump’s tariffs, Mexican freight transporters are now facing a new challenge with an anti-immigration checkpoint in Ciudad Juarez that is stretching wait times up to three hours near the border. Trucks and passenger vehicles traveling on the Chihuahua-Juárez highway heading north to El Paso are being delayed at a […]
Ben Thrower writes about the potential of Facebook’s new cryptocurrency.
Cold beers, grilled meat, guacamole and fireworks are part of many Fourth of July parties, and San Antonio is benefitting from inbound shipments as the national holiday approaches. The San Antonio market has strengthened over the past seven days with outbound volumes increasing 11.5 percent. The increase stems from long-haul van rejections as both van […]
Jim Blaze writes about the movement of grain by rail. This is a huge business for U.S. and Canadian railroads, and is also critical to the export market of the two countries.
Cathy Roberson writes about Vietnam’s growth as a manufacturing center as manufacturing moves from China to other nations in Southeast Asia.
The economic roundup summarizes recent developments in the macroeconomy as they relate to freight demand, and highlights key trends worth watching in the upcoming month.
Top transportation economist Paul Bingham goes in-depth on trade war freight consequences, both pro and con.
Generic corn and wheat futures are up nearly 30% since May 10 on depressed yields and constrained transportation in the Midwest.
The Port of Brownsville recently received a key permit from the U.S. Army Corps of Engineers to deepen the 17-mile Brownsville Ship Channel. Dredging on the $350 million project could start in 2020. The U.S. Army Corps of Engineers (Corps) permit issued June 6 is the latest step in the port’s effort to deepen the […]
Donald Broughton writes the second part of his look at the Gross Domestic Product (GDP) and how transportation professionals can tweak GDP numbers to better understand and forecast the business environment they are competing in.
No single country can absorb the trade flow from China to the U.S., and likely contenders are already growing faster than capacity.
The African Continental Free Trade Area (AfCFTA) will boost trade between African partner states by removing tariffs. This helps the U.S. improve trade relations as it takes out the need to draft separate trade agreements with individual African states.
Business is good at the Otay Mesa port of entry, California’s largest commercial land port of entry, which tallied a record $50 billion in two-way trade with Mexico during the last fiscal year. For June, the latest SONAR data shows outbound tender volumes in San Diego (OTVIY.SAN) are way up compared to last year. Currently, […]
Market expert Jim Blaze writes about the railroads’ transportation of fracking sand, as well as stone and gravel, aggregates and phosphates.
2019 is shaping up to be the worst year for trucking in the past five years.
Michael Lewis wrote “Moneyball” about the tactics Billy Beane used to improve the Oakland A’s. Read Zach Strickland’s take on using moneyball tactics in the freight market.
