Wabtec has modernized its 1,000th locomotive in North and South America, the rail equipment manufacturer noted on Friday. Wabtec (NYSE: WAB) says rehabilitating older locomotives has resulted in up to a 25% increase in fuel efficiency, a more than 40%…
There’s much to gain from the nearly $2 billion in trade flows across the U.S.-Mexico border every day. Pacific trade lanes remain stifled by west coast port congestion, the ongoing COVID-19 pandemic and the trade war between the United States…
This summer is shaping up to be one of the hottest — for food logistics that is. After a long hiatus, restaurants and hospitality vendors are firing up the grills, bracing once again for the heat of the summertime rush.…
Dangerously hot and humid weather this week may have some truckers dreaming of cool breezes and snow-capped mountains. One region of the country will be baking in triple-digit heat for a few days, while another will have to deal with…
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The five-year contract between the Teamsters and UPS Inc., the Teamsters’ largest employer with 268,000 members, doesn’t expire until July 31, 2023. Talks aren’t likely to start until late 2022. In reality, however, the contract cycle starts around Thanksgiving 2021.…
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Canada again beats Mexico to remain the top U.S. trade partner; Merqueo raises $50 million to expand across Latin America; Aries…
Chart of the Week: Van Outbound Tender Reject Index, Truckstop.com top 100 all-in van rate per mile – USA SONAR: VOTRI.USA, TSTOPVRPM.USA Tender rejection rate changes typically lead spot rates by several days as the underlying contract market destabilizes in front…
On April 24, 2000, the World Trade Bridge in Laredo, Texas, held a dedication ceremony to great public fanfare. Then-Texas Gov. George W. Bush attended the grand opening, along with President Ernesto Zedillo of Mexico. The eight-lane, $128 million World…
This commentary was written by Aaron Wise of iiX, a provider of motor vehicle records to employers. The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. By…
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