Posted on 09 February 2010 by Mryan
Total net orders for Class 8 trucks have reached their lowest levels since July of 2002, giving some analysts hope that perhaps that number has hit bottom. While it may have reach the point at which it will post gains, market researchers tend to think it may have a lot more to do with the hefty price tags 2010-emission compliant equipment carries, not to mention the uncertainty Continue Reading
Posted on 23 September 2009 by Mryan
Businesses and unions can’t quite agree on who’s to bear the blame over trade, tariffs and potentially jobs lost since a cross-border trucking program with Mexico was abandoned. A recent study released by the U.S. Chamber of Commerce holds the government responsible for failing to implement certain provisions of the North American Free Trade Agreement (NAFTA). Specifically, the study claims it has cost the nation $2.2 Continue Reading
Posted on 04 August 2009 by Mryan
Month-to-month trade among North American Free Trade Agreement partners fell 3.7 percent from April to May, but the year-over-year monthly decline was the fifth consecutive plunge of at least 27 percent. From May 2008 to May 2009, surface transportation among the United States Canada and Mexico dropped 35.4 percent, making it the Continue Reading
Posted on 08 July 2009 by Mryan
The latest move in a decades-long battle to open the U.S.-Mexican borders to Mexican trucks is a $6 billion lawsuit filed by Mexico’s trucking lobby for financial losses the industry has experienced in the last three years. Under the Bush administration in 2007, registered Mexican truckers were allowed to operate inside the Continue Reading
Posted on 10 June 2009 by Mryan
Though the Obama administration will soon consider re-opening the U.S.-Mexican border to trucking, thousands of Mexican truckers have filed suit against the U.S. government citing its violation of the North American Free Trade Agreement. NAFTA would have given Mexican truckers limited Continue Reading
Posted on 03 June 2009 by Mryan
A program to allow Mexican trucks to deliver goods beyond the 20-mile zone to which they are currently restricted is under review, and the Obama administration could reopen the U.S. border in part of a pilot program. Safety groups and unions among others had previously Continue Reading
Posted on 06 May 2009 by Mryan
NAFTA trade posted the biggest decline on record, as U.S.-Canada trade and U.S.-Mexico trade plunged more than 33 percent and 25 percent respectively from the previous year. Truck, rail and pipeline Continue Reading
Posted on 23 April 2009 by Mryan
Fewer trucks from Canada and Mexico crossed into the United States during 2008, according to U.S. Bureau of Transportation Statistics. Traffic from Canada dropped 10 percent, while crossings at the U.S.-Mexico border Continue Reading