Now that trucking and transport interests are applauding what appears to be the first major cut in corporate taxes in 30 years, they are hoping the applause they are heaping on Republicans reverberates into a call to spending some of that money on improving the nation’s infrastructure woes.
The U.S. Chamber of Commerce is strongly lobbying to tweak – not trash – the North American Free Trade Agreement (NAFTA.) And it’s not just transport companies who are leading the charge within the Chamber, U.S. Business Roundtable and other Washington lobbyist heavyweights. But since the talks opened in August, the Trump administration – to the chagrin of many trucking executives – has been playing hardball in its “America First” approach to the negotiations.
Total November POLA volume came in at 924,225 TEU (Twenty-Foot Equivalent Units), which set a new record for monthly volumes in the port’s 110-year history, topping November 2016’s 877,564 TEU, and were up 5.3% annually. POLB November volume was up 14.7% annually at 612,659 TEU, with the first 11 months of 2017 coming in at 6,847,589 for a 10% annual gain. In calendar year 2016, POLB handled 6,775,171 TEU.
Following a November rollout of a new truckload visibility offering designed to enable a smarter information flow across shippers’ supply chains, Chicago-based project44 is taking the same approach for freight railroad shipping, announcing it has launched a new rail visibility API, which is focused on increasing end-to-end information symmetry through the elimination of shipment visibility gaps across United States and Canadian rail networks.
Less-than-truckload (LTL) transportation services provider YRC Worldwide Inc. reported this week that it is seeing decent gains in its operating data for certain metrics on a quarter-to-date basis for the fourth quarter.
October’s reading of 9.48 far outpaced September’s 3.5, with FTR explaining that a strong economy, combined with pressure from hurricane recovery and the ELD mandate, is creating a very tight market resulting in improved contract rates.