Economics

John Paul Hampstead Friday, June 21, 2019

FreightWaves research: trade demand will plunge if 25 percent tariffs extended to all Chinese goods

The Trump administration is considering levying tariffs on the remaining $300 billion of Chinese exports to the United States so far unaffected by duties. Freight Intel, FreightWaves’ proprietary research group, has just published a study warning that such a move would disrupt trade flows far beyond what has occurred so far. Freight Intel Group research […]

Read More »
Noi Mahoney Monday, June 17, 2019

Trucks moved 63 percent of trans-border freight in March, up nearly $1 billion, according to data

Trans-border freight totaled $107.2 billion in March, with trucks moving 63 percent of all freight by value with United States trading partners Canada and Mexico, according to data released by the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS). Trucks carried $67.4 billion of United States freight in March 2019, compared to $66.5 billion […]

Read More »
Noi Mahoney Friday, June 14, 2019

Laredo Motor Carriers Association aims to unite local trucking industry along the border

In June 2016, a leading group of Laredo carrier companies decided to band together and launch a new association focused on promoting and furthering Laredo as the “trucking capital” of the United States. From their efforts, the Laredo Motor Carriers Association (LMCA) was formed. LMCA recently celebrated its three-year anniversary by adding its 200th member. […]

Read More »