With manufacturing sectors in both nations in a strong uptrend, and China’s middle class expanding while US consumer spending is recovering after a long hiatus, only a full-bore trade war could deflect accelerating container trade between the two economic giants.
US Economy News
07 Jun 2018
Global Port Tracker predicts record imports this autumn, with load-center ports once again under the gun to efficiently handle containers for their beneficial cargo owner customers.
05 Jun 2018
US shippers may be concerned about the impact of trade wars and higher tariffs on their costs, but those jitters haven’t dented how much freight they actually ship. Initial reports from trucking companies such as Old Dominion Freight Line and economic indicators such as the Non-Manufacturing Index and Purchasing Managers' Index show the US economy is still rolling strong.
15 Mar 2018
The bulk of regional economic fundamentals indicate a strong year is ahead for container trade, GDP growth, earnings growth, and job creation — with all of the positives that implies for lateral sectors and society.
07 Nov 2017
A survey of shippers and logistics service providers (LSPs) shows broad agreement truck capacity is getting tighter, but the LSPs expect rates to rise higher next year than shippers anticipate. Electronic logging devices may be a reason.
25 Oct 2017
US truck tonnage slipped slightly less than 1 percent in September, following hurricanes Harvey and Irma, but year-over-year data shows a significant long-term increase in freight volumes.
19 Oct 2017
YRC Worldwide was hit by two hurricanes and a wave of rising transportation costs in the third quarter, forcing it to lower its projected operating profit for 2017.
17 Oct 2017
After climbing for seven straight weeks, US spot truckload rates stalled last week, but remain higher than usual for early October. DAT Solutions expects spot pricing to keep climbing.
18 Sep 2017
The reduction slightly jars the confidence of the container shipping industry.
30 Jul 2017
It is going to take government support and new business practices to boost US exports, and even then, it is going to be tough haul.
29 Jul 2017
US containerized exports are on the upswing, a boon not just to shippers of goods and commodities such as cotton and poultry, but also to the railroads, marine terminals, and container lines hungry to ship anything but empties to Asia.
09 Jun 2017
US retailers are expecting US import volumes to hit record levels in the coming months.
29 May 2017
The Top 5 Importers in 2016 combined to handled 2.2 million TEU while the Top 5 Exporters shipped 921,600 TEU.
09 Mar 2017
Strong consumer demand driving double-digit growth in imports.
09 Mar 2017
US spot truckload rates jump as volumes rise 17 percent in the first week of March.
09 Mar 2017
After a "tougher" than expected start to the year, Swift Transportation expects more from March.
06 Mar 2017
Pressure on truckload rates abates, at least temporarily, as demand remains moderate.
27 Feb 2017
Much depends on the actions of President Donald Trump.
24 Feb 2017
US retailers are seeking the right balance between in-store and online inventories.
09 Feb 2017
Loaded container imports will increase substantially year-over-year in the first half.
31 Jan 2017
Rattled by the prospect of higher truck rates, shippers are looking at new negotiating strategies to protect savings.
27 Jan 2017
The advent of the new US administration brings uncertainty and potential disruption to US-Mexico trade.
09 Jan 2017
Strong US retail restocking after an even better-than-expected holiday season will send a surge of container imports through ports in January.
07 Jan 2017
US containerized imports stayed on an upward trend in 2016 despite strong headwinds.
12 Dec 2016
The US toy trade continues to feel the force of demand powered by the Star Wars films.
28 Nov 2016
Indices measuring trucking demand, pricing, and tonnage fell again in October, but decelerating declines are raising motor carriers’ hopes that the market has reached the bottom of the trough.
17 Nov 2016
Demand for US agricultural products in overseas markets is negating the impact of the strong dollar and less-than-robust growth in Asian economies.
17 Nov 2016
Higher spot-market truck rates and volumes are pushing up the DAT Freight Index at a point in the year when it traditionally would fall.
12 Nov 2016
Was October's truckload spot market spike an atypical surge or sign of increased underlying demand?
18 Oct 2016
US shippers may be concerned about trucking rate hikes in 2017 and 2018, but pricing power isn't likely to slip away from them soon.
14 Oct 2016
Falling revenue per tractor and higher equipment and insurance costs will narrow Covenant Transport's third-quarter profits, and the truckload carrier won't be alone.
07 Oct 2016
After two months of job creation, trucking employment numbers dropped in September, another indication of slow freight demand and excess truckload capacity.
05 Oct 2016
Truckload rates have been declining year-over-year for six months, according to one measure, as US shippers hobbled by a slow economy demand transportation savings.
20 Sep 2016
Seasonal adjustments may account, in part, for an unusually strong gain in truck tonnage in "difficult-to-read" August.
09 Sep 2016
Largest US truckload carrier sees increase in demand from contract customers, but rates still down 1 to 1.5 percent.
29 Aug 2016
Trucking companies and freight shippers shouldn't expect a "rally" or "retreat" but a very slow rebound.
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