Truck rates out of Texas are soaring because of rising demand in the US for goods made in Mexico, especially home appliances and electronics, but demand is sagging in the other direction because of the devaluation of the peso.
Thursday August 13, 2020
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Ari Ashe
Ari Ashe
Ari Ashe has more than a decade of journalism experience working in the busy newsrooms of Washington D.C. He earned two bachelor’s degrees at George Washington University and a master’s in broadcast journalism from Syracuse University. In 2006, he began his career with WTOP-FM in Washington D.C., a 24/7 all-news radio outlet. Beginning as a producer, he was the commuter transportation beat reporter from 2012 through 2015. He won an Edward R. Murrow Award for investigative journalism during the three-year stretch. In 2016, Ashe moved over to covering commercial transportation for Transport Topics, a publication of the American Trucking Associations, covering the business of trucking, railroads, and ocean carriers, including quarterly earnings reports and economic news affecting the industry. He joined the JOC in 2018 and reports on the Southeast US ports, intermodal, and trucking.
More from Ari Ashe
Despite optimism that BNSF Railway’s congestion may ease, intermodal marketing companies expect demand to be high and equipment dislocations to persist through October in California.
Intermodal volume, rates, and savings have been on a rollercoaster this year, surging this summer to levels higher than a year ago after steep declines this spring during the height of the pandemic.
In expanding the surcharge to all shippers, UP cited “a significant increase in demand for container capacity across the system” that is expected to “increase further in the coming weeks.”
Small shippers will have to pay a $500 surcharge on excess cargo on Union Pacific, as both western US Class I railroads struggle to handle the surge in volume out of Los Angeles.
Michelin will use Inland Port Greer for all imports and exports in South Carolina, as beneficial cargo owners (BCOs) become more comfortable using inland ports in the Southeast.
Union Pacific Railroad blames volatile swings in volume for congestion in Los Angeles in June, but intermodal marketing companies say it remains difficult to find space on trains because of a surge...
After wild swings in intermodal volume in the second quarter, CSX Transportation and Union Pacific Railroad are cautiously optimistic about peak season volumes, while realizing pandemic disruptions...
The Port of Charleston wants to diversify its cargo business into e-commerce, netting big-box retailer Walmart as the first major omnichannel retailer to occupy a port authority-owned warehousing...
Despite an unexpected uptick in intermodal volume to close the second quarter, J.B. Hunt Transport Services says third-quarter consumer demand remains unpredictable due to the effects of the COVID-19...
Railroads will have to rethink how they move freight if the American workplace permanently shifts from centralized city offices to telecommuting in homes.
