True “produce season” in the continental United States lasts from about April to October, with Sun Belt markets dominating April through June and Midwestern markets dominating July through October.
In the latest episode of "The FreightCaviar Podcast", we sit down with Michael Caney, Chief Commercial Officer at Highway. He shares tips on protecting your business against fraud and talks about Highway's newest product.
Plus, a politician gets slammed for uninformed trucking post, Walmart invests big in Mexico, railroad cargo theft takes spotlight, and more.
Union Pacific hits a revenue high despite a dip in carloads.
Union Pacific Railroad is on an interesting track: its revenues have hit an all-time high of $23.2 billion in 2022, thanks to inflationary assistance. Carload volumes tell another story, shrinking significantly over the years. Even without coal, there's a 9% drop. Yet, UP isn't just sitting in the station.
Car velocity is chugging along 25% faster, while first and last mile services have edged up 2 points to 92%.
Can UP regain its lost carload volume? It's banking on intermodal gains to do just that.
Source: AP News | Trains.com
Canadian rail operations to resume Monday amid labor dispute. Teamsters plan legal challenge despite government intervention.
9,000 railway workers locked out in Canada, risking $250M daily losses. Government orders arbitration to end dispute and restart crucial supply chains.
Ongoing disruptions at US-Mexico rail crossings lead logistics firms to seek alternative transport routes, including trucks and maritime solutions.
Intermodal rail makes a comeback in the U.S. market, and efficiency dynamics transform at Laredo Bridge.
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