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A new U.S. Transportation Department repot shows three of the five surface transportation modes, truck, rail and pipeline, carried more U.S. trade with North American Free Trade Agreement partners Canada and Mexico by value in 2013 than compared to the year before.
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The private equity investment firm Wind Point Partners has purchased a majority stake in Dicom Transportation Group, the Canadian parent to several trucking operations.
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Trucking increased its dominance over other transportation modes in December when it comes to hauling freight between the U.S. and its North American Free Trade Agreement partners, Canada and Mexico.
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CABO SAN LUCAS, MEXICO -- Daimler Trucks North America, approaching 40% market share in the U.S. with its Freightliner and Western Star brands, has set its sights on Mexico as one of its largest opportunities for growth.
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Mexico’s biggest trucking association has filed a $30 billion dollar arbitration claim against the United States for refusing to fully open the country to trucks from south of the border, as called for in the North American Free Trade Agreement.
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The Federal Motor Carrier Safety Administration has revoked the authority of one of 14 Mexico-based trucking companies it approved earlier to run in its long-haul cross-border program.
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Three of the five transportation modes - truck, rail and pipeline - carried more U.S.-NAFTA trade in November 2013 than they did a year earlier, according to new figures from the U.S. Transportation Department.
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U.S. trade with its North American Free Trade Agreement partners, Canada and Mexico, amounted to $103.1 billion in October, up 4.5% from the same time a year earlier and exceeded $100 billion for the first month on record, according to new U.S. Department of Transportation figures.
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Union Pacific Railroad recently initiated a new intermodal service between Laredo, Texas and Memphis, Tenn., supporting growing transportation needs for the automotive manufacturing and intermodal marketplaces.
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The Supreme Court will decide January 10 whether or not to hear a petition to overturn the Obama administration’s pilot program for long-distance trucking across the U.S.-Mexico border.
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