Latest News

Starting Monday, January 6, 2020, the new drug and alcohol related reporting requirements will spring to life for motor carriers, drivers, medical providers, and others. That’s the day the FMCSA’s new Drug and Alcohol Clearinghouse opens for business. The Clearinghouse is an online database of information about CDL drivers’ drug and alcohol violations, and it...

The U.S. House of Representatives voted on December 19, 2019, to pass the U.S. Mexico Canada Agreement. ReMA has been an advocate for the industry throughout the negotiations because it will support the already robust North American scrap trade. More than 160,000 U.S. recycling industry jobs dependent on trade and more than $7.7 billion of...

The United States and China announced a partial trade deal on December 13, 2019. In exchange for Chinese agricultural purchases and assurances they will address trade issues such as intellectual property protections and currency policy, the United States held off implementing tariffs on additional Chinese goods on December 15. Specifically, the agreement included the following...

Ferrous scrap prices in the United States rebounded in the fourth quarter of 2019 but benchmark grades like No. 1 HMS were still down around $100 per gross ton as compared to the end of 2018. While shredded scrap prices also declined over the course of 2019, the premium paid for No. 1 busheling over...

The STB is considering a host of proceedings after more than two years without a quorum including the commodity exemptions revocation, demurrage (PSR), rate reforms, and reciprocal switching. While we don’t know when the STB will release any decisions, we expect at least some of them sometime this spring.   Precision Schedule Railroading – Late...