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American industries shipped almost 11.7 billion tons of goods valued at more than $13.6 trillion in 2012, according to preliminary numbers from a survey from the U.S. Department of Commerce, and trucks carried most of it.
Read More →UPDATED -- Nearly 10% of the nation’s freight brokers no longer have their licenses following new federal regulations that took effect requiring a higher bonding amount, while another source says the number is even higher.
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Border crossings into the U.S. from Canada and Mexico in 2012 included 10.7 million truck crossings, along with with personal vehicles entering the U.S. nearly 96 million times (33.1 million from Canada, and 62.7 million from Mexico.) The stats also include 320,000 buses and 37,000 trains.
Read More →Two container shipping companies have acknowledged they are in talks about a possible merger that would create the world’s fourth largest such shipping fleet.
Read More →Union Pacific Railroad recently introduced a new intermodal service offering between Chicago and Monterrey, Mexico, giving companies another option to move goods across the border six days a week.
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The U.S. Department of Transportation’s Maritime Administration recently released a study on shipping patterns and industry costs that will help the United States prepare for the anticipated impact on its ports, waterways and intermodal freight systems from the Panama Canal expansion.
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Freight rates have posted their first across the board increases for the first time in several weeks on one of the nation’s largest spot markets.
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Less-than-truckload carrier Old Dominion Freight Line on Tuesday updated its expectations for growth in tons per day and revenue per hundredweight for the fourth quarter of this year, saying it now expects a larger increase in tons per day.
Read More →A woman has pleaded guilty to charges in U.S. District Court in Macon, Ga., for her involvement in a double-brokering freight scam. On Nov. 20, Pauline Robinson-Kirkland, of Donalsonville, Ga., admitted to mail fraud. She was indicted in July 2012.
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The amount of freight on the spot market has jumped considerably over the last week, but rates have improved little, according to freight matching service provider DAT's latest numbers.
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