Swift Transportation last year led the trucking industry in raising driver pay, and that pay raise, however costly, is paying off handsomely for the largest U.S. truckload carrier as driver retention improves and profits rise 27 percent from a year ago.
10 Jun 2015
A continent-wide roadside truck inspection program may have inadvertently pushed up spot market truck rates last week, when the number of loads far outstripped the number of tractor-trailers available. Many truckers reportedly take time off during the annual inspection blitz.
09 Jun 2015
It’s been more than a decade in the making, but the Mexican government has finally cleared a hurdle that prevents U.S. Customs and Border Protection agents from pre-clearing cargo south of the border.
29 May 2015
The value of goods trucked across the U.S.-Mexican border is outpacing the number of trucks making the crossing, rising twice as fast, U.S. transportation and trade data show.
29 May 2015
International Container Terminal Services Inc. has agreed to pay $54.5 million to acquire Mexican port operator Terminal Maritima de Tuxpan.
26 May 2015
The truck leasing arm of Paccar plans gradual expansion across Australia as shippers and carriers replace the nation's aging heavy trucks and 'road train' tractors.
22 May 2015
Mexican exports this year are set rise 5 percent on increased demand for automobile shipments and other manufactured goods built in Latin America’s second-largest economy.
21 May 2015
In a deal expected to close on Aug. 1, Scarbrough International, a Kansas City-based logistics and customs brokerage firm, will expand its operations south and into Mexico.
18 May 2015
The number of tractor-trailers crossing U.S. borders rose 2.4 percent in the first quarter, following a 4 percent increase last year, according to Department of Transportation data. Border crossings between the U.S. and Mexico outpaced U.S.-Canadian truck traffic.
12 May 2015
The fastest-growing port in North America in 2014, with 13.8 percent year-over-year growth, was Prince Rupert, British Columbia. Its Fairview Container Terminal was recently acquired by DP World. With 11.23 percent growth, Mexico’s Pacific port of Manzanillo edged out Boston, at 11.20 percent growth, for the No. 2 spot.