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After July, the report predicts a weakening in import volume as consumer uncertainty remains high and the impact of increasing inflation takes its toll.
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More details have emerged on the new medium- and heavy-duty trucks and parts tariffs set to go into effect November 1.
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“This year’s peak season has come and gone, largely due to retailers frontloading imports ahead of reciprocal tariffs taking effect,” said the National Retail Foundation's Jonathan Gold about expected imports into the nation's ports.
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Following a near-record peak this summer, import cargo volume at the nation’s major container ports is expected to steadily decline for the remainder of the year amid rising tariffs.
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The murky outlook for a recovery in the freight market remains murky, according to industry indexes released this week.
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Motor carriers say “easy apply” platforms are fueling disinterested truck driver applicants, while freight softness and growing turnover add to the pressure, according to a new survey.
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When is trucking going to get out of the "sluggish morass" when it comes to freight and rates? The analysts at FTR shared their projections on economic and freight indicators and forecasts.
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May marked the lowest monthly cargo output in over two years at the Port of Los Angeles, thanks to trade policy uncertainty.
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Ongoing economic turmoil and uncertainty leading to slower demand for heavy-duty trucks has prompted Volvo Trucks North America to announce layoffs for both Volvo and Mack workers.
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Worried about the effect of tariffs on new-truck prices? Fleet Advantage has introduced a program to help trucking fleets mitigate the risk.
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