Both the improved trade activ­ity and a promising future for the USMCA are favorable developments for trucking because 80% of cross-border trade moves via truck.

Freight carriers across the world experienced dramatic market shifts and volume swings in 2020.

Market uncertainty due to the effects of COVID-19 has depressed demand for new trucking equipment, with new Class 8 truck orders sinking to a 25-year low.

Boyle Transportation, which has been hauling medical supplies and equipment during the pandemic, is among the many small trucking companies that have played a direct role in the nation's response to COVID-19.

COVID-19 has delivered a powerful shock to the economy and freight transportation, creating significant financial challenges for many trucking companies.

Less-than-truckload carriers are settling into a more modest growth scenario as 2019 unfolds, with widely shared expectations that a still-solid U.S. economy and favorable industry fundamentals will keep fleets on a positive course.

As motor carriers enjoy the fruits of the tight freight environment, railroads are continuing their push to boost earnings while they adjust to a market that increasingly is shifting toward intermodal.

Leaders at prominent less-than-truckload carriers are optimistic about the future as their companies adapt and expand services to capitalize on favorable long-term trends, such as the move toward smaller shipments and the growth of e-commerce.

The Panama Canal Authority has disclosed the first cargo statistics that outline the increased activity since the expanded waterway was opened, including 238 transits by Neopanamax vessels that were too large to make the trip in the past.