Trucks make January run for the border at railroads’ expense

North American transborder freight carried by railroads declined in January from the same month the previous year even as shipments hauled by trucks increased by double digits.

Overall transborder freight totaled $134.4 billion in January, the Bureau of Transportation Statistics (BTS) said, an increase of 8.2% from January 2024.

Railroads moved $15.2 billion of that, down 2.7% y/y, while trucks accounted for $87.6 billion, up 10.2%.

While January historically is a slack period for most freight,...

https://www.freightwaves.com/news/trucks-make-january-run-for-the-border-at-railroads-expense

WestJet transitions out of freighter operations, cargo VP resigns

The end of the road is near for freighter operations at WestJet. Cargo boss Kirsten de Bruijn has tendered her resignation, and the Canadian airline plans to wind down remaining freighter operations once it determines how to dispose of the four leased aircraft.

WestJet’s flirtation with operating a dedicated all-cargo airline alongside its main passenger business was short-lived, reflecting an overzealous reading of opportunities in the challenging Canadian market after airfreight demand...

https://www.freightwaves.com/news/westjet-transitions-out-of-freighter-operations-cargo-vp-resigns

Trump threatens ‘far larger’ tariffs on EU, Canada if they jointly retaliate

President Donald Trump threatened to place “far larger” tariffs on the European Union and Canada than planned if they work together to retaliate in response to U.S. tariffs.

Trump made the threat in a Truth Social post very early Thursday morning.

“If the European Union works with Canada in order to do economic harm to the USA, large scale Tariffs, far larger than currently planned, will be placed on them both in order to protect the best friend that each of those two countries has ever had!”...

https://www.freightwaves.com/news/trump-threatens-far-larger-tariffs-on-eu-canada-if-they-jointly-retaliate