Trucking —
- Class 8 sales in December (23,390 units) falls for the fifth straight month . However, all of 2023 sales ended nearly 5 percent higher compared to 2022.
Rail —
- Port of Indiana-Jeffersonville will be adding four miles to an already existing 11-mile rail network, plus two loop tracks that are all part of a $24 million investment into improvement projects.
- Rail capacity continues to remain plentiful, and rail transits are continuing to be at five-year averages, some even higher.
Cross-Border —
Mexico:
- The Mexican Tax Authority will be enforcing the new Carta Porte compliance rules starting January 1st. This is for all modes of transportation on any cross-border and/or Mexico domestic shipments. Additionally starting January 15th, hazardous material shipments will be required to provide Mexico Hazardous Packaging Code and Mexico Unit Packaging Code, BNSF Railway said in a statement.
- Mexico remains the top U.S. trade partner in November and has been for the past 10 out of 11 months, per data from the U.S. Census Bureau. Port Laredo in Texas was the number one ranked U.S. trade gateway in November – for the 10th straight month.
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