The start of the trade war in 2018 will lead to casualties in the global economy come 2019. If the United States and China don't come to an agreement by the deadline on March 1st, tensions will continue to be high and world trade will be affected.
Read more details here: World economy is set to feel the delayed trade war pain in 2019, – Enda Curran and Katie Dmitrieva, American Journal of Transportation
A lawsuit has been filed against carrier YRC Worldwide by the U.S. government. The U.S. Department of Justice notes that "[YRC Freight Inc., Roadway Express Inc., and Yellow Transportation Inc.] systematically overcharged the government for freight carrier services and made false statements to the government that hid their misconduct" for shipments dating from September 2005 to October 2013 (U.S. Department of Justice, Office of Public Affairs, 2018).
YRC Worldwide is accused of overcharging the U.S. Department of Defense for heavier shipments versus the lighter accurate weights of the shipments. YRC is also alleged to have covered up their overcharging practices and failing to return money owed as credits.
Roadway Express Inc. and Yellow Transportation Inc. merged in 2009 to create YRC Inc., now known as YRC Freight Inc.
Read the full U.S. Department of Justice release here.
Tariffs Bite US Economy With Record Trade Gap, Cooler Orders – Jenny Leonard, Sarah Foster & Katia Dmitrieva, AJOT
According to the American Journal of Transportation, the trade gap for U.S. merchandise expanded to a record last month. Increases in imports surpassed exports, with the gap in goods trade rising from $75.5 billion to $76 billion.
Read the full article here: Tariffs Bite US Economy With Record Trade Gap, Cooler Orders – Jenny Leonard, Sarah Foster & Katia Dmitrieva, American Journal of Transportation
According to FleetOwner magazine, over $74 billion in trucking operational costs were added due to traffic congestion. Not only does congestion increase financial costs, but it also leads to lost hours of productivity. Most of the congestion costs are concentrated in metropolitan areas (over 90%).
Read more information here: Traffic Adds $74.5 Billion to Trucking's Annual Price Tag – Neil Abt, FleetOwner
ATTS Logistics is a proud member of the Intermodal Association of North America (IANA). Our company has been a distinguished member in good standing since 2001.
As a member of IANA, we:
We also receive various resources to learn about the industry and improve the ways in which we serve our customers.
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