CargoQuotes

CargoQuotes CargoQuotes, LLC is a full-service freight brokerage service provider specializing in Cross-Bo...

CargoQuotes, LLC is a full-service freight brokerage service provider specializing in Cross-Border shipments. We are committed to connecting our customers with a network of reliable carriers who will deliver their cargo on-time and intact. We offer solutions for all major modes, including truckload, partial truckload, LTL, intermodal and expedited. Whether you are a shipper looking for dependable,

value added transportation services, a carrier searching for a company who you can trust to keep your trucks moving, or a highly motivated, energetic person looking to claim your place in the transportation industry, CargoQuotes is here for you.

Transport Topics highlights the ongoing challenges faced by the U.S. trucking industry due to high operational costs and...
07/08/2025

Transport Topics highlights the ongoing challenges faced by the U.S. trucking industry due to high operational costs and low freight rates. According to the American Transportation Research Institute (ATRI), the total marginal cost of operating a truck in 2023 reached a record $2.270 per mile, marking a 0.8% increase over 2022. This rise occurred despite a decrease in fuel costs by 8.8 cents per mile. Notably, costs excluding fuel rose by 6.6%, even amid a freight recession. The report also indicates a rise in deadhead mileage to an average of 16.3% for non-tank operations and an increase in driver turnover rates, particularly among truckload carriers with 26 to 100 trucks, where turnover jumped from 29.2% in 2022 to 51% in 2023. These factors have strained profitability across the industry, with wages increasing predominantly in the less-than-truckload sector due to market shifts and union contracts.

ATRI's latest Analysis of the Operational Costs of Trucking survey found that while the average cost of operating a truck dipped slightly last year, some marginal costs jumped.

FreightWaves discusses concerns within the U.S. trucking industry regarding potential impacts of President Trump’s immig...
07/08/2025

FreightWaves discusses concerns within the U.S. trucking industry regarding potential impacts of President Trump’s immigration enforcement policies. Industry experts warn that intensified immigration crackdowns could lead to a significant reduction in the workforce, as many truck drivers are immigrants. This decrease in available drivers may exacerbate existing capacity constraints, potentially leading to higher transportation costs and disruptions in the supply chain. The article emphasizes the industry’s reliance on immigrant labor and the challenges that stricter immigration policies could pose to maintaining efficient operations.

New immigration restrictions could curb driver availability, trigger a massive capacity crunch, and pull the trucking industry out of The Great Freight

In June 2025, the U.S. labor market demonstrated resilience with nonfarm payrolls increasing by 147,000, surpassing the ...
07/07/2025

In June 2025, the U.S. labor market demonstrated resilience with nonfarm payrolls increasing by 147,000, surpassing the anticipated 110,000. The unemployment rate declined to 4.1%, the lowest since February, contrary to forecasts predicting a slight rise to 4.3%. Government employment led the growth, adding 73,000 jobs, primarily in state and local education sectors. The health care sector also saw significant gains, contributing 39,000 jobs. However, the labor force participation rate decreased to 62.3%, the lowest since late 2022, indicating a reduction in those working or seeking employment. Average hourly earnings rose modestly by 0.2% for the month and 3.7% year-over-year, suggesting minimal wage-driven inflation pressures.

Nonfarm payrolls were expected to increase 110,000 in June. The unemployment rate was forecast to rise to 4.3%.

As of May 6, 2025, Mexican Agriculture Minister Julio Berdegue announced that he reached beneficial agreements with U.S....
07/07/2025

As of May 6, 2025, Mexican Agriculture Minister Julio Berdegue announced that he reached beneficial agreements with U.S. Agriculture Secretary Brooke Rollins during a meeting in Washington. Berdegue also met with over two dozen representatives and companies involved in distributing Mexican tomatoes in the U.S. This follows Washington’s announcement of its intention to withdraw from a bilateral tomato trade agreement, citing inadequate protection for domestic growers. The withdrawal would impose nearly 20.91% duties on most Mexican tomato exports starting July 14, potentially increasing tomato prices for U.S. consumers. Berdegue relayed industry concerns about this measure’s adverse effects. Mexico’s government is seeking to renegotiate the agreement and address other recent trade tensions, including U.S. restrictions on cattle imports due to issues with the New World screwworm pest, which poses serious risks to animals and occasionally humans. Additionally, both nations recently agreed that Mexico would increase water deliveries under a longstanding water-sharing treaty, with the U.S. emphasizing the importance of these shipments for Texan farmers.

Trade stakeholders in Arizona and Texas urge the Trump administration to maintain the Tomato Suspension Agreement between the U.S. and Mexico.

FreightWaves reports a slight decline in U.S. intermodal rail traffic. This decrease is part of a broader trend, as Nort...
07/07/2025

FreightWaves reports a slight decline in U.S. intermodal rail traffic. This decrease is part of a broader trend, as North American rail traffic fell by 9.8% for the week ending July 8, 2023. Specifically, total U.S. weekly rail traffic was 407,843 carloads and intermodal units, marking a 5.1% decrease compared to the same week in 2022. Carloads declined by 2.3% to 197,086, while intermodal volume dropped by 7.6% to 210,757 containers and trailers. Among the ten carload commodity groups, five experienced increases, including metallic ores and metals, nonmetallic minerals, and petroleum products. Conversely, declines were noted in grain, coal, and forest products.

Carload rail freight edged down in the latest week but stayed ahead of year-to-date levels.

According to Pedro Casas Alatriste, executive vice-president and CEO of the American Chamber of Commerce Mexico (AmCham)...
07/03/2025

According to Pedro Casas Alatriste, executive vice-president and CEO of the American Chamber of Commerce Mexico (AmCham), Mexico has been the primary beneficiary of the trade tensions between the United States and China. Since the onset of the U.S.-China trade war in 2017, China has seen an eight-percentage-point decline in its trade integration with the U.S. Of this, Mexico has captured two percentage points, surpassing other Asian countries like Vietnam, South Korea, and India. This shift underscores Mexico’s growing role in nearshoring, as companies seek to relocate operations closer to the U.S. market. Additionally, the U.S. trade deficit has nearly tripled, rising from approximately $63 billion in 2017 to over $170 billion, highlighting the significant impact of these trade dynamics.

Mexican exports have gained the most from the trade war between the United States and China, according to Pedro Casas Alatriste

In June 2025, the U.S. labor market demonstrated unexpected resilience, with nonfarm payrolls increasing by 147,000, sur...
07/03/2025

In June 2025, the U.S. labor market demonstrated unexpected resilience, with nonfarm payrolls increasing by 147,000, surpassing the anticipated 110,000. The unemployment rate declined to 4.1%, the lowest since February, contrary to forecasts predicting a rise to 4.3%. Average hourly earnings grew by 0.2% for the month and 3.7% year-over-year. Government employment led the gains, adding 73,000 jobs, primarily in state and local education sectors. Health care also saw significant growth, contributing 39,000 jobs. These robust employment figures have likely diminished the likelihood of a Federal Reserve interest rate cut in July.

Nonfarm payrolls were expected to increase 110,000 in June. The unemployment rate was forecast to rise to 4.3%.

The truck transportation sector experienced a slight decline of 800 jobs in December, bringing total employment to 1,545...
07/03/2025

The truck transportation sector experienced a slight decline of 800 jobs in December, bringing total employment to 1,545,900. Over the course of 2024, the sector saw a net loss of 5,900 jobs, equating to a 0.3% decrease. Comparing to 2022, there was a more significant two-year decline of 41,000 jobs. Despite these fluctuations, the overall employment trend in the trucking industry has remained relatively stable over the past year.

The monthly jobs report showed small changes in truck transportation employment, more of the overall trend of stability.

In June 2025, U.S. private sector employment unexpectedly declined by 33,000 jobs, marking the first decrease since Marc...
07/02/2025

In June 2025, U.S. private sector employment unexpectedly declined by 33,000 jobs, marking the first decrease since March 2023. This contrasts sharply with economists’ expectations of a 95,000 job gain. The decline was primarily driven by significant job losses in the professional and business services sector (-56,000) and the health and education sector (-52,000). Conversely, goods-producing industries, including manufacturing and mining, added 32,000 jobs, partially offsetting the overall decline. Regionally, the Midwest and Western U.S. experienced the largest contractions, losing 24,000 and 20,000 jobs respectively, while the Southern U.S. added 13,000 positions. Additionally, annual income growth for job stayers decreased to 4.4% from 4.5%, and for job changers, it declined to 6.8% from 7%.

Economists polled by Dow Jones forecast an increase of 100,000 for the month.

Del Monte Fresh Produce, a major supplier of fruits and vegetables, has filed for bankruptcy protection. The filing come...
07/02/2025

Del Monte Fresh Produce, a major supplier of fruits and vegetables, has filed for bankruptcy protection. The filing comes amid ongoing financial challenges, including increasing costs, changes in global supply chains, and pressure from inflation. The company is seeking restructuring to manage its debt, continue operations, and stabilize its business.

Del Monte Foods filed for bankruptcy, less than a year after executing a controversial debt restructuring.

Law enforcement agencies have intercepted over $31 million worth of illegal drugs—primarily co***ne, methamphetamine, an...
07/02/2025

Law enforcement agencies have intercepted over $31 million worth of illegal drugs—primarily co***ne, methamphetamine, and marijuana—hidden in commercial trucks passing through major ports of entry. At the same time, reports of rail thefts have increased, with thieves targeting freight trains to steal consumer goods and other valuables.

Border agents recently seized $31 million worth of narcotics from commercial shipments in Texas, Michigan, Ontario, and Quebec.

Amazon has announced the expansion of its logistics and distribution network in Mexico City, opening new facilities aime...
07/01/2025

Amazon has announced the expansion of its logistics and distribution network in Mexico City, opening new facilities aimed at improving delivery times and boosting service capacity. This expansion is designed to meet the increasing demand for e-commerce in Mexico and allows Amazon to offer faster delivery options—such as same-day and next-day shipping—for a greater number of customers. The initiative is also generating new jobs, both directly and indirectly, and further strengthens Amazon’s position in the Mexican e-commerce market. By enhancing its logistics infrastructure, Amazon is set to support local economic growth while providing a more efficient and reliable service to Mexican consumers.

Amazon is strengthening its presence in the Mexican capital with the opening of its new DXX2 logistics station in the Coyoacán district

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