The survey was enacted after the U.S. presidential election, but before President Donald Trump began enacting his promised punitive trade tariffs against America’s trading partners.
The DOT's annual "TransBorder Freight Report" for 2024 tracked a 1.8% year-over-year increase in U.S. freight flows combined between Canada and Mexico.
The Elizabeth terminal handles more than 25% of the yearly container throughput in the port complex, and is the company's largest terminal on the East Coast.
The NTSB said the Maryland transportation authority failed to complete a recommended structural vulnerability assessment that would have shown the bridge was extremely prone to a collapse.
Many companies were initially reticent earlier this earnings season to pin cloudy outlooks specifically on Trump’s tariffs. But the sentiment has shifted in recent weeks.