Trucking –
- As of March 18th, the national average price of diesel is $4.028 a gallon.
- Seeing a 2.4 cent increase from last week.
- Class 8 truck orders increased in February, per ACT Research data, by 17.4% (27,700 units).
- Norfolk Southern is addressing truck congestion that has been occurring at their Landers terminal in Chicago.
- NS is working to re-engineer staffing levels and shift changes to “better align with increased gate activity.” Drivers have been frustrated with multi-hour delays in the afternoon and evening when picking up import containers reports the JOC.
Rail –
- Members on the transportation committee in the U.S. House are looking to their colleagues to help advance rail safety actions.
- This comes as efforts to pass the Railway Safety Act continue – read more here.
- Port of Huntsville – an inland port in North Alabama – moved over 27,500 rail containers last year; a 24% year-over-year increased compared to 2022.
- So far in 2024, the port has recorded 2,569 rail lifts in January; a 6% year-over-year increase from January 2023.
Cross-Border –
Mexico:
- Major ports in Mexico moved 728,116 TEUs in January – a 20% increase from January last year.
- Mexico was the U.S. top trading partner in January. Mexico was the top trading partner for the U.S. in 2023.
- Top U.S. exports to Mexico were auto parts, passenger vehicles, and tractor-trailers and buses.
- U.S. – Mexico trade increased by 1.1 year-over-year from January last year.
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