Headlines
U.S. trade deficit narrows to $105.0 billion in September as imports reach $426.6 billionDiesel slips 6 cents to $6.292, with every region lowerPort of Los Angeles posts busiest month in its history as imports climbShippers paid 32.1% more to move freight in Q3 on just 0.5% more volume, U.S. Bank index showsVincent Thomas Bridge set to close for 16 months: What port truckers need to knowDry van spot rates climb to $2.23 a mile as load-to-truck ratio nears 11ISM: U.S. factory growth speeds up in October, with production at its fastest since 2021Section 232 on robotics and industrial machinery: talks first, no new tariffs yetCanadian freight rail prices up 14.1% from a year ago in October, intermodal up 18.5%BMO closes truck finance sale to Stonepeak; C$11 billion of loans move to new Longview Capital SolutionsNew proclamation drops 22 Canadian product lines from the 50% duty and adds 100 moreSchneider moves its main eastern intermodal business to Norfolk Southern
TransportNewsCA · US · MX corridorFreight markets and cross-border tradeWednesday, November 4, 2026

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Diesel benchmark rises 9.7 cents to $6.276, ending three-week slide

The EIA's national on-highway diesel average went up in the week of Oct. 19, with the biggest increases on the West Coast and in California.

Cross-border freight reaches $160.6 billion in August as truck freight value jumps nearly 30%

U.S. Bureau of Transportation Statistics figures show U.S. freight trade with Canada and Mexico up 22.6% from a year earlier, with trucks carrying about two-thirds of the value.

US-Mexico tariff talks stall on steel and aluminum, and a Canada deal now looks set to wait until after the midterms

Reports this week indicate little chance of U.S. tariff relief for Mexico or Canada before the Nov. 3 U.S. midterm elections, leaving cross-border shippers and carriers facing more uncertainty.

US rail intermodal up 12.6% as North American rail traffic climbs 7.2%

The Association of American Railroads' figures for the week ending Oct. 17 show strong container and trailer volumes in the U.S. and Mexico, while Canadian intermodal slipped slightly.

US bans some Canadian alcohol, dairy and motorcycle imports under Section 338 and reworks 50% tariffs

Five proclamations signed Sept. 8, 2026, escalated the U.S. response to Canadian measures, adding import bans from Sept. 29 and changing which goods face the 50% duty.

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Port of Los Angeles handles 960,464 TEUs in second-busiest July on record

The port said on Aug. 18, 2026, that July volume trailed 2025's record but ran 7.5% above the five-year average for the month.

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US declines to renew USMCA at first joint review, triggering annual reviews

At the July 1, 2026, joint review, the United States would not confirm a 16-year extension, but the pact stays in force through 2036.

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DOT links cabotage findings to visa revocations as FMCSA tightens English-proficiency rules at the border

The Department of Transportation confirmed in early June 2026 that it shares cabotage data with CBP, while revised FMCSA guidance opened border-zone drivers to out-of-service orders.

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STB accepts revised Union Pacific-Norfolk Southern merger application but pauses review

The Surface Transportation Board's decision, effective May 28, 2026, took up the railroads' second filing while ordering more information by July 27.

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US-Canada freight falls 9% in February while Mexico trade grows 7.1%, BTS says

February 2026 transborder freight totaled $130.8 billion, down 0.7% from a year earlier, as rail and pipeline flows fell and air rose sharply.

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Diesel benchmark posts record 96.2-cent weekly jump to $4.859 as Hormuz traffic collapses

The DOE/EIA retail diesel average published March 10, 2026, rose by the largest amount in the series' 32-year history.

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Supreme Court rules IEEPA does not authorize tariffs, striking down Canada, Mexico and 'reciprocal' duties

The 6-3 decision on Feb. 20, 2026, invalidated the emergency tariffs on Canada, Mexico, China and most other trading partners but left refunds unresolved.

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Spot truckload rates hit 2025 highs in December as volumes barely move, DAT says

DAT Freight & Analytics said on Jan. 14, 2026, that weather, the holiday calendar and tight capacity lifted December spot rates far more than freight demand did.

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DAT: November truckload volumes fall to 2025 low

DAT said on Dec. 19, 2025, that truckload volumes hit their lowest level of the year in November even as spot van and reefer rates edged up.

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Diesel rises for fourth straight week to $3.868

The U.S. average on-highway diesel price climbed 24.9 cents over four weeks, the Energy Information Administration reported in November 2025.

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US port fees on China-linked ships take effect

Section 301 fees on vessels owned, operated or built in China, and on foreign-built vehicle carriers, began Oct. 14, 2025.

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DOT restricts non-domiciled CDLs in emergency rule

The Transportation Department on Sept. 26, 2025, issued an interim final rule sharply limiting which non-citizens can hold a commercial driver's license.

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US ends duty-free de minimis entry for all countries

Starting Aug. 29, 2025, low-value shipments from every country lost the duty-free de minimis exemption, and CBP began rejecting Section 321 filings.

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ATA: Truck tonnage slips 0.4% in June

The American Trucking Associations said on July 22, 2025, that for-hire truck tonnage fell in June for a second month, leaving the second quarter essentially flat.

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English-proficiency rule becomes out-of-service violation

Starting June 25, 2025, truck drivers who could not meet the federal English-language requirement could be placed out of service at roadside inspections.

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Port of LA posts strong April, warns tariffs will slow trade

The Port of Los Angeles said on May 19, 2025, that April volume rose 9.4% as importers rushed cargo in ahead of tariffs, and that it expected trade to soften.

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US sets 10% baseline tariff, then pauses higher rates

President Donald J. Trump declared a trade emergency on April 2, 2025, imposing a 10% tariff on all countries; a week later, higher country rates were suspended except for China.

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US exempts USMCA goods two days after tariffs hit

The White House said on March 6, 2025, that goods qualifying for USMCA preference would face no new tariffs, after duties on Canada and Mexico began March 4 and Canada retaliated.

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US pauses tariffs on Canada, Mexico for 30 days

President Donald Trump on Feb. 3, 2025, delayed 25% tariffs on Canadian and Mexican goods after both countries made border security commitments.

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