Transport Topics
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Canada’s economy continued to show sluggish trade flows in September with both exports and imports recording back-to-back monthly drops. The statistics agency also revised away its previously reported surplus from August.
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The U.S. trade deficit widened more than forecast in September to a seven-month high as imports expanded and the merchandise gap with China hit a record amid an escalating tariff war.
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Washington’s Port of Everett was awarded a $5.9 million loan from the U.S. Department of Transportation’s Build America Bureau to assist with ongoing rail upgrades at the facility, Secretary Elaine Chao announced.
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U.S. Xpress Enterprises reported record profits in the third quarter as the company benefited from strong freight volumes and higher rates.
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