top of page
Helpful Resources
Growth in the Nation’s Freight Shipments – Highlights
“The U.S. transportation system is the largest in the world, serving more than 7 million domestic business establishments and 288 million residents while employing 1 out of 7 U.S. workers. In 2002, the nation’s freight transportation system transported nearly 16 billion tons of raw materials and finished goods, up from 13 billion tons in 1993….
“In his victory speech in New York, Donald Trump promised to work on economic growth once he takes the office in January. He said: “We have a great economic plan. We will double our growth and have the strongest economy anywhere in the world.” Even though this is a promising statement, he also mentioned his…
“On the surface, the commercial freight transportation and logistics industry looked calm in 2015. The sector moved sideways financially; average earnings were flat. The U.S. Department of Transportation’s Transportation Services Index, which measures industry output, rose only a couple of points. The biggest headline for the sector came early in the year with the resolution…
“Although a better year is expected in terms of rates, the outlook for 2017 is not any brighter than 2016. The good news is that the number of new vessels coming into service, comparing to 2016, is much less in 2017. In the first seven months of 2016, only 202,000 TEU of new containership capacity…
bottom of page