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Last summer, the U.S. Department of Transportation reported that cross-border trade generated by NAFTA alone was worth $89 billion to the trucking industry. So are President Trump’s recent free trade actions a positive move for trucking? Or should American fleet executives be concerned?
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Newly released figures show the value of cross-border freight moved between the U.S. and its neighbors directly to the north and south increased in November for the only the second time in nearly two years, but trucking had the smallest gain.
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Trucking and two other freight transportation modes carried less U.S. freight by value with North American Free Trade Agreement (NAFTA) partners Canada and Mexico in October 2016 compared to the same time a year earlier, according to a new Transportation Department report.
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Daimler Trucks North America sees opportunity in Mexico – but challenges include new emissions standards and volatile currency.
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Logistics, transportation and supply chain management provider Morrison Express is expanding its offering in El Paso, Texas, providing improved cross-border capabilities and logistics.
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The value of freight movements between the U.S. and its two next door neighbors moved back into negative territory following the first year-over-year increase since late 2014.
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The total value of U.S. freight moved between Canada and Mexico during August posted its first year-over-year increase since December 2014, according to new Transportation Department figures.
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Trucking and all other transportation modes except rail carried less cross-border freight by value in July compared to a year earlier, according to new U.S. Transportation Department figures.
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New Transportation Department figures show June marked the 18th consecutive month the total value of U.S. freight movements with North American Free Trade Agreement (NAFTA) partners Canada and Mexico declined from the same time a year earlier.
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Trucks carried more U.S. freight by value between North American Free Trade Agreement 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% drop in the total current dollar value of cross-border freight.
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