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Market Update

6 Tips to Avoid Common Canada Cross-Border Shipping Mistakes

Did you know that the U.S. – Canada border is one of the most important borders in the world?

Canada is the number one market for U.S. exports and 60% of Canada’s overall trade is with the United States.* Last week, the United States, Canada, and Mexico struck a new tri-lateral agreement to replace NAFTA, now called USMCA. Once ratified by all three countries, USMCA ensures the U.S. and Canada will remain strong trade partners into the future.

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Transpacific Air and Ocean Shipping Space Is Already Tight

Transpacific Air and Ocean Shipping Space Is Already Tight | Transportfolio

If you’ve heard the term “perfect storm” applied more to transportation lately than you have since the book by Sebastian Junger came out in 1997, you’re not alone. Unfortunately, it’s the best way to describe what is happening right now in the air and ocean freight markets. Peak shipping season has heated up early. The perfect storm is upon us. Rates are up on the spot market, and air and ocean space are hard to find. We recommend you take action now to ensure your holiday shipments are covered.

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How Transportation’s Role is Changing in Today’s Market

Many would argue that the role of transportation services within business has been changing over the past few years. I agree. But I also ask: is transportation what has really changed? Or is transportation only becoming increasingly important because of everything else that has changed?

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Up for Discussion: A First Glance at Congress’s Next Infrastructure Bill

On Monday July 23, 2018, retiring House Transportation and Infrastructure Committee Chairman, Rep. Bill Shuster, released a discussion draft of an infrastructure bill, otherwise known as a highway bill. While there is little chance of this bill passing this year or next, it is meant to set the boundaries of the debate as Congress looks to a 2020 expiration date of the FAST Act (the last infrastructure bill).

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