auto industry Archives - Maritime Shipping News

SONAR Sightings for July 15: Class 8 and Ford vehicle sales cause surge in volume out of Detroit

16 July 2022

The highlights from Friday’s SONAR reports are below. For more information on SONAR — the fastest freight-forecasting platform in the industry — or to request a demo, click here. Also, be sure to check out the latest SONAR update, TRAC — the freshest spot rate data in the industry.

Market watch

Markets in the Midwest have experienced increased volatility since the holiday. On a two-week basis, outbound tender volumes for Columbus, Ohio, have seen a 5.4% increase; Indianapolis a 2.1% decrease;...

https://www.freightwaves.com/news/sonar-sightings-for-july-15-class-8-and-ford-vehicle-sales-cause-surge-in-volume-out-of-detroit

Military vehicle imports help JAXPORT combat COVID-19 storm

2 November 2020

Despite the economic blow delivered to global trade by the coronavirus pandemic, the Jacksonville Port Authority (JAXPORT) said it was able to maintain fairly steady container volumes.

JAXPORT said its total volumes were down just 5% during its recently ended fiscal year 2020, which included the height of the COVID-19 pandemic and virtual shutdown of imports. The Jacksonville, Florida, port is the second busiest in the United States for vehicle processing. The pandemic basically brought auto...

https://www.freightwaves.com/news/military-vehicle-imports-help-jaxport-combat-covid-19-storm

Today’s Pickup: U.S. factories in limbo as Mexican production plants remain shut

24 May 20207 May 2020

U.S. factories in limbo as Mexican production plants remain shut (Photo: Shutterstock)

Good day,

The U.S. companies that are resuming production after roughly a month of lockdown are now contending with a shortage of parts supply from Mexico. This is because production plants across Mexico remain widely shut due to the pandemic. Mexico is the largest trading partner of the U.S. as of last year, and the country is a major exporter of auto parts to the U.S.

The turn of events has put U.S. manufacturers in a spot because they cannot resume operations if their Mexican suppliers remain...

https://www.freightwaves.com/news/todays-pickup:-us-factories-in-limbo-as-mexican-production-plants-remain-shut