Cross-border freight takes biggest hit since pandemic

Cross-border freight takes biggest hit since pandemic

Cross-border trucking faced its biggest drop since the pandemic in April as global tariffs began and the trade war with China peaked. The Bureau of Transportation Statistics reports a 9% drop in truck freight across borders in April. This is the first year-to-year decrease since last June and the largest decline since June 2020. Back then, North American truck freight fell by 14% due to the COVID-19 pandemic. Typically, cross-border freight decl…