Business, Logistics

YRC, Union Pacific Execs Laud Tax Reform as Boon for Transportation Industry

From right: Jack Welch of YRC Worldwide, Jason Hess of Union Pacific, Ted Prince of Tiger Cool Express YRC's Welch (from right), Union Pacific's Hess and panel moderator Ted Prince of Tiger Cool Express discuss challenges and prospects for the transportation industry in 2018. (Seth Clevenger/Transport Topics)

ATLANTA — YRC Worldwide CEO James Welch and an executive at Union Pacific predicted that tax reform will drive further economic growth and higher freight demand, but voiced concerns about the future of NAFTA and the continued challenge of attracting younger workers during a logistics conference here.

Seth Clevenger | Managing Editor, Features
January 23, 2018
Government, Business, Logistics, TCA

Trucking Industry Concerned About NAFTA Ending

Sam Hodgson/Bloomberg News

President Donald Trump has pledged to rework trade deals so they benefit domestic workers, but current efforts have sparked concern among industry groups, including trucking.

January 22, 2018
Government, Business, Logistics

NAFTA ‘Danger Zone’ Nears as Key Talks Begin Amid Trump Threats

Andrew Harrer /Bloomberg News

NAFTA talks are entering a pivotal moment as the U.S. turns up the pressure on Canada and Mexico to radically alter the trade pact in favor of American interests.

January 22, 2018
Government, Business, Logistics

Trump Administration Losing Patience Over NAFTA Talks

Alex Brandon/AP

The U.S. is running out of patience with Canadian and Mexican resistance to key American proposals ahead of talks next week on a new North American Free Trade Agreement, two people familiar with the matter said.

Andrew Mayeda | Bloomberg News
January 19, 2018

Don’t Assume the Death of NAFTA Would Be a Small Shock, Says Bank of Canada

Vehicles make their way through the Canadian border crossing in Niagara Falls, Ontario, Canada. (Cole Burston/Bloomberg News)

NAFTA’s about more than tariffs, Bank of Canada Governor Stephen Poloz says in a warning to avoid low-balling the impact of a potential collapse of the trade pact.

Josh Wingrove | Bloomberg News
January 18, 2018
Government, Business, Logistics

NAFTA Trio to Gather in Davos as Negotiations Resume in Canada

Ildefonso Guajardo Villarreal, Mexico's secretary of economy, from left, Chrystia Freeland, Canada's minister of foreign affairs, and Bob Lighthizer, U.S. trade representative. (David Kawai/Bloomberg News)

The three ministers leading negotiations to revamp NAFTA will get two chances for face-to-face talks this month, including one near the slopes of Davos.

Josh Wingrove | Bloomberg News
January 16, 2018
Government, Business, Logistics

The Real NAFTA Problem Is With Canada, Not Mexico, Ryan Says

Aaron P. Bernstein/Bloomberg News

U.S. House Speaker Paul Ryan said the biggest problem with the North American Free Trade Agreement “comes from the North,” with Canadian dairy producers dumping low-cost products on the market to compete with Wisconsin farms.

January 12, 2018
Government, Business

Trade Experts Expect to See a ‘Zombie’ NAFTA

Mexico Border Associated Press

WASHINGTON — The most likely scenario of what will happen if negotiations to reset terms for the North American Free Trade Agreement are successful — or not — is that President Donald Trump announces, probably via Twitter, a U.S. withdrawal from the deal. This would leave what experts call a zombie NAFTA.

Daniel P. Bearth | Staff Writer
January 11, 2018
Government, Business, Logistics

NAFTA’s Dead. Long Live NAFTA. A Look at Most Likely Outcomes

Photo by Glenn Fawcett, U.S. Customs and Border Protection

Markets shuddered on signs the U.S. may be preparing to withdraw from NAFTA. But even if President Donald Trump serves notice of a pullout, the trade deal could survive.

Andrew Mayeda | Bloomberg News
January 11, 2018
Government, Business, Logistics

Railroad Stocks Sink After Canada Sees NAFTA Risks Rising

Ann Fisher/Flickr

Shares of railroad and auto companies were among the biggest decliners after Canadian government officials said there’s an increasing chance that U.S. President Donald Trump will give six months notice to withdraw from the NAFTA trade agreement.

Catherine Larkin | Bloomberg News
January 10, 2018