Monday, September 08, 2014
In the 20 years since the North American Free Trade Agreement (NAFTA) took effect, trade between the US and Canada has increased by 300 %, and the countries are each other's top trading partners. A key provision of the agreement is the elimination of duties on eligible products traveling between the U.S., Canada, and Mexico. Eligible products "originate" in one of the three countries, and NAFTA lays out detailed "rules" as to what constitutes origination. Determining NAFTA eligibility, and knowing how to apply for benefits can be time-consuming and complicated.
Market conditions continue to favor trucking carriers, due in large part to tight capacity, according to the most recent edition of the Trucking Conditions Index (TCI) from freight transportation forecasting firm FTR.
Posted on 09/08 at 09:53 AM
Spot Market •
Over the last few weeks there have been a few notable economic signs that things could finally truly be turning the corner.
Posted on 09/08 at 09:09 AM
Friday, September 05, 2014
Transportation and logistics titan UPS recently announced it has kicked off a $17.5 million expansion of its Menifee, California-based delivery center in an effort to handle increased shipping volume from regional customers.
Posted on 09/05 at 12:04 PM
United States Class I carloads were up 33,838 carloads–or 2.9 percent annually–at 1,212,287 in August, and intermodal was also solid in August at 1,075,688 containers and trailers, which represented a 4.3 percent-or increase of 44,520 intermodal units, over August 2013.
Posted on 09/05 at 10:38 AM
PierPass Inc. recently announced that its OffPeak program has reached a major milestone, diverting its 30 millionth truck trip from weekday, daytime traffic in Los Angeles and Long Beach since the program began in July 2005.
U.S.-bound waterborne shipments in July—at 1,258,142—were up 2 percent annually and up 5 percent compared to June.
Posted on 09/05 at 07:55 AM
Thursday, September 04, 2014
The Institute for Supply Management reported today that non-manufacturing activity in August was strong, as well as record setting, on a few fronts.
Wednesday, September 03, 2014
Join us for this complimentary webcast to learn more about the evolution of logistics applications to the Cloud and the corresponding benefits that can be achieved.
ODFL is calling for an annual increase tons per day in the 18.0 percent-to-18.5 percent range compared to the third quarter of 2013, which is up from its previously disclosed range of 17.0 percent-to-18.0 percent.
Posted on 09/03 at 11:36 AM