The rise of nearshoring has increased cross-border freight volumes between the U.S. and Mexico. In May, for the fifth consecutive month, Mexico was the top U.S. trade partner at $73 billion. In fact, 15 of the past 16 months, Mexico has been No. 1 in trade with the U.S. But that growth has exposed inefficiencies…
Motive’s July economic report On Wednesday, telematics and analytics provider Motive released its July Monthly Economic Report, which looked at data across its platform of 120,000 customers. July is forecast to see higher retail sales compared to last year as the Fourth of July holiday and Amazon Prime Day drive sales. The foreshadowing of the…
DHL Express and China-based SF Airlines are most impacted by the discovery of fatigue cracking in Boeing 757-200 aircraft that were converted from passenger to cargo configuration during the past 19 years, according to a FreightWaves analysis. The Federal Aviation Administration last month issued an airworthiness directive requiring inspections within three months and repair and…
WASHINGTON — Deaths from crashes involving at least one large truck fell 11% in 2023, according to the latest data from the Federal Motor Carrier Safety Administration, hitting the lowest point in six years. The drop in fatalities – from 5,417 in 2022 to 4,807 in 2023 – followed a corresponding 7% decrease in crashes…
ArcBest announced Thursday that Seth Runser will become president of the company effective Aug. 1. Runser has served as president of the company’s less-than-truckload subsidiary, ABF Freight, since 2021. Current ArcBest (NASDAQ: ARCB) Chairman, CEO and President Judy McReynolds will continue to serve as the company’s chairman and CEO. Runser joined ABF as a management…