The FreightWaves IOSI and TEUs indices show that shippers are still ordering goods from outside the country at a record pace. Shippers have booked about 13% more twenty-foot equivalent units (TEUs) than they did last year and about 80% more than they did in January 2020, according to the IOTI,...
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Borderlands: Using artificial intelligence, KlearNow hopes to expedite cross-border customs processing
Borderlands is a weekly update on what's going on in the realm of cross-border trucking and trade between the United States and Mexico. This week's schedule: KlearNow's goal is to use AI to tackle cross-border customs difficulties. Link EV Electric Vehicles will establish a $265 million factory in Mexico; Loup...
Anatomy of a truck order: Sometimes all you have to do is turn the page
Month after month, industry experts report new Class 8 preliminary and net truck orders, providing pictures of a sector that experiences peaks and falls every two years of an economic cycle. Preliminary orders do not include orders that a fleet or manufacturer may cancel for a variety of reasons. Net...