Trucking

Noi Mahoney Sunday, February 16, 2020

Borderlands: project44 promotes freight visibility in the USMCA era; Mexico auto industry prepares for coronavirus

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: project44 promotes freight visibility in USMCA era; Amazon leases 1 million-square-foot warehouse at DFW International Airport ; Mexico auto industry preparing for coronavirus impact; Port Houston container volume spikes in January. project44 promotes freight visibility in USMCA […]

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Noi Mahoney Thursday, February 13, 2020

Truck carrying $30 million in liquid meth seized in El Paso

U.S. Customs and Border Protection (CBP) agents working at the Ysleta port of entry in El Paso, Texas, seized 1,543 pounds of liquid methamphetamine Wednesday.  CBP spokesman Roger Maier told FreightWaves the liquid methamphetamine “would have an estimated street value of $30 million.”  The liquid methamphetamine was reportedly hidden in a shipment of cleaning supplies […]

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Noi Mahoney Thursday, February 13, 2020

Atlanta developer launches 540-acre intermodal port near Houston

Atlanta-based Stonemont Financial Group recently launched phase one of its 540-acre Southwest International Gateway Business Park in El Campo, Texas, around 60 miles southwest of Houston. “We have officially closed on the land and completed all of our designs, and we’re in the process of breaking ground as we speak,” Stonemont Financial CEO Zack Markwell […]

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Noi Mahoney Wednesday, February 12, 2020

CBP inspectors check imported Valentine’s Day flowers for pests and diseases

With Valentine’s Day just days away, U.S. Customs and Border Protection (CBP) agents are working hard to make sure imported flowers are pest and disease free. “CBP agriculture specialists are working hard every day preventing potentially harmful plant pests and foreign animal diseases from entering the U.S.,” Hector Mancha, CBP El Paso director of field […]

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Noi Mahoney Sunday, February 9, 2020

Borderlands: Mexico considers another law banning all double tractor-trailer trucks; Dynacraft finalizing relocation of plant to Texas

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico considers law banning all double tractor-trailer trucks; Dynacraft finalizing relocation of plant to Texas; QSL opens new marine terminal on the Houston Ship Channel; El Paso border agents bust two commercial trucks for carrying narcotics. […]

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Noi Mahoney Friday, February 7, 2020

FLEETCOR Technologies surpasses fourth-quarter earnings estimates

FLEETCOR Technologies, Inc. (NYSE: FLT), a fuel-card and business-payments provider, announced fourth-quarter 2019 adjusted earnings per share (EPS) of $3.17, 14% higher year-over-year and $0.03 better than the consensus estimate. Total revenues increased 9% to $698.9 million in the fourth quarter of 2019, compared to $643.4 million in the fourth quarter of 2018. However, net […]

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Mark Solomon Wednesday, February 5, 2020

UPS and Amazon: Made for each other?

Like most mega-companies, UPS Inc. (NYSE:UPS) is loath to publicly discuss customers or its relationships with them. It refuses to answer reporters’ questions about customers. It never mentions them in press releases or other media announcements. But the long-held custom went out the window last week. In announcing its fourth-quarter and full-year results, UPS not […]

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