Trucks carried more U.S. freight by value with its North American Free Trade Agreement (NAFTA) partners Canada and Mexico in April 2016 compared to the same time a year ago, but declines in all other freight modes led to a 3.2% decrease in the total current dollar value of cross-border freight to $90.4 billion.
Archive for June, 2016
The state of U.S. freight growth in 2016 and beyond hangs on the fate of inventory that has been piling up for years and has proved difficult to draw down. There are signs that inventory destocking finally may be under way, after stockpiles peaked in 2015, as inventory carrying costs rise and consumer demand picks […]
The average truck visit time at the 13 container terminals in Los Angeles-Long Beach in May plunged to 78 minutes from 85 minutes in April, proving that cooperation between truckers and terminal operators can produce results, the Harbor Trucking Association said Tuesday. (This article requires registration at the Journal of Commerce. To access, please click […]
American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased in May following two consecutive months of decreases. The index was up 2.7% for the month equaling a reading of 139, up from 135.3 in April when the index fell 1.7%. Compared to May 2015, the SA index jumped 5.7%. From January through May, […]
U.S. business logistics costs rose at a slower rate last year as supply chain transparency continued to grow in importance, according to the the Council of Supply Chain Management Professionals’ Annual State of Logistics Report released June 21.
Retail sales for the month of May both saw increases to varying degrees, according to data issued today by the United States Department of Commerce and the National Retail Federation.
U.S. housing starts slipped in May as the construction of multi-family housing units dropped, but further gains in building permits signaled a rebound that would support economic growth in the second quarter.
The average price per gallon of diesel gasoline rose 2.4 cents to $2.431 per gallon this week, according to the Department of Energy’s Energy Information Administration (EIA).
The financial impact of the United States railroad industry on all facets of the nation’s economy cannot even come close to being understated.
The Department of Transportation’s Inspector General has initiated an audit of commercial motor vehicle loading and unloading delays in response to provisions of the Fixing America’s Surface Transportation (FAST) Act highway bill, which became law late last year.