Trucking

Noi Mahoney Sunday, September 29, 2019

Borderlands: Harvest Sherwood Food Distributors selects Mexico broker; Arizona and Mexico officials host Town Hall on trade

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Harvest Sherwood selects Fr8Hub as broker; Arizona-Mexico Town Hall focuses on cross-border trade; US-Mexico law firms partner up; Laredo airport receives $9.8 million for improvements. Harvest Sherwood Food Distributors selects Fr8Hub to move cross-border freight  Harvest Sherwood Food […]

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Mark Solomon Friday, September 27, 2019

DHL Express hikes U.S. rates 5.9% for 2020

Air and ground express firm DHL Express announced September 27 a 5.9% general rate increase on shipments moving to and from the U.S., effective January 1, 2020. The increases are for tariff, or published, rates. Contract rates will differ depending on the specific customer. However, contract pricing in the express delivery business is influenced by […]

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Chris Henry Friday, September 27, 2019

Driver helps to save young girl after fiery crash

The Truckload Carriers Association has named Brian Smith of Louisville, Kentucky, a professional truck driver leased to Mercer Transportation Company also of Louisville, Kentucky, a Highway Angel. He is being recognized for helping at the scene of a fiery crash that killed four people. On March 25, Smith was driving his flatbed near Lordsburg, New […]

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Seth Holm Friday, September 27, 2019

New truck orders running below replacement demand should boost carrier profits in 2020

The Seasonally Adjusted Annual Rate (SAAR) for new Class 8 truck orders in 2019 is trending at approximately 150,000. Note that this number includes orders for interstate, intrastate and private fleets. We estimate total replacement demand in the neighborhood of 250,000 to 300,000 trucks annually based on there being roughly 1.6 million total for-hire tractors in […]

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Noi Mahoney Thursday, September 26, 2019

Amazon buys tech firm INLT to help online merchants with cross-border trade

Amazon.com recently acquired cloud-based startup INLT, a move designed to simplify importing goods into the United States for Amazon’s online merchants, according to Reuters. INLT, which the company said stands for IN:LET, makes software for merchants to manage the costs of customs clearance on cross-border shipments. Terms of the acquisition, which was announced Sept. 24, were not […]

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Noi Mahoney Thursday, September 26, 2019

Covenant Transport to close its truck service in Mexico (with video)

Covenant Transport has decided to end all service to the interior of Mexico, citing dropping spot market pricing, increasing detention times and an inability to gain the freight density needed to balance costs. “After five years servicing the interior of Mexico, Covenant Transport Services will, in coming months, end our Mexico service offering,” said Andy […]

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Noi Mahoney Tuesday, September 24, 2019

Mexico reaches new record for truck production, exports during July

Mexico’s national association of heavy duty truck and bus manufacturers (ANPACT), reported the manufacture of commercial trucks grew 6% in July, producing 20,006 units, when compared against 18,863 units in July 2018. Exports of trucks also increased 11.2% in July, with Mexican manufacturers sending 18,140 units abroad. For the first seven months of 2019, export […]

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