Tag: Freight transportation

Evaluation of electric vehicles in freight transportation, opportunities and challenges

A study conducted by NACFE and RMI on the opportunities for electric vehicle adoption in the trucking industry A study conducted by the North American Council for Freight Efficiency (NACFE) and RMI last September evaluated the commercial performance of 22 battery electric vehicles ranging from Class 2b to Class 8 over a three-week period. These […]

North American trade trends and trucking dominance in cross-border commerce

In 2023, over $1.57 trillion worth of cargo was transported across the borders between Mexico, the U.S., and Canada The Bureau of Transportation Statistics (BTS) released on May 21st the dollar values and tonnage of goods that crossed the land borders of the United States with Canada and Mexico. According to these statistics, in 2023, […]

Challenges and uncertainties in the freight brokerage industry

The numbers and current state of the industry lead to the conclusion that the return of the full truckload market remains uncertain The downturn in the freight transportation sector continues to affect companies like Surge and Convoy, which have been forced to exit the business. With offer rejection rates around 4%, the first quarter of […]

Cross-border freight transportation and the supply chain

Cross-border transportation and the vital role of the supply chain in U.S. border cities. The continuous growth of cross-border truck freight transportation halted in December, with a slight decline in North American transportation. According to the Bureau of Transportation Statistics, in December, over $73 billion worth of goods were moved by truck across borders, marking […]

Turbulent waters of the 2024 freight transportation market

The year 2024 has begun with multiple challenges in the freight transportation industry. DAT Freight & Analytics reports that the road freight transportation market continues to show sluggishness, even in February. This trend is attributed to decreased demand and the ongoing reduction in fleet capacity. Contradictory signals are observed in the market, influenced by post-pandemic […]