September 2015 Archive

West Coast Ports Report Surge In Import Trade

The West Coast ports of Seattle-Tacoma, Wash., and Oakland, Calif., saw August import volumes rise in double digits over last year, according to The Wall Street Journal. The Northwest Seaport Alliance, which includes the ports of Seattle and Tacoma, received 113,972 loaded 20-foot equivalent units, a standard measure for container

Heat map: Where truckload rates are hottest

Georgia, Alabama, Mississippi and Arkansas registered the hottest last week for outbound truckload rates, averaging $2.39, $2.46, $2.45 and $2.49, respectively. The aforementioned southern states, along with Indiana, Michigan and other states in the map above colored in a dark orange or red saw averages of verified paid rates well

BMO Harris grabs its piece of the GE pie

BMO Harris Bank is about to become the top lender to the U.S. trucking industry. The Canadian parent of Chicago’s second-largest bank by deposits has agreed to acquire the transportation finance business of GE Capital, adding what will end up being more than $8.7 billion in loans and leases when