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Cross-border logistics no walk in the park — Midday Market Update

Navigating freight from Canada to Mexico

On this episode of Midday Market Update, Kaylee Nix and Michael Vincent get a close look at the intricacies of moving freight across borders. They are joined by FreightWaves’ Zach Strickland for a market update and Anthony Smith for a look at Q1 GDP and unemployment numbers. 

First in headlines, Andrew Cox looks at Echo Global Logistics’ record-breaking first-quarter earnings, a shocking report from GrubHub and pressure on the U.S. Department of Transportation to support agriculture exporters by solving problems at the ports. 

Nix and Vincent welcome Teclo Garcia, economic development director of Laredo, Texas, as their first guest. Garcia explains how business at the Port of Laredo has changed over the past year and how it has been crucial to cross-border logistics for both U.S. and Canadian companies.

FreightWaves Senior Editor Greg Miller joins the show with his look at the maritime industry and some advice for shippers as contract season comes to a close. He says no matter if a shipper decides to go contract or play the spot market, expect to continue to pay massive amounts of cash to get freight on a ship at least through the end of 2021. 

Last up is Forager CEO and founder Matt Silver; he explains the concept behind Forager and the unique platform designed to streamline international freight movement and make it easier for carriers to hand off freight as it moves across countries.

You can find more Midday Market Update episodes and recaps for all our live podcasts here.

One Comment

  1. Stephen Webster

    In Ontario Canada many cross border truck drivers got covid and huge medical costs
    Many trucking companies and insurance companies would not pay the bill . This has caused many people to lose their homes. This has caused many truck drivers to get other jobs paying as much per hour. We need to make sure everyone from Canada and Mexico will have good medical care in the U S and their medical care and transport home costs covered
    Huron easy share has brought over 20 truck drivers back to Ontario many who owed over $100,000 in medical costs and their employers and the private insurance companies would not pay for transport back to Windsor. We need insurance reform to protect all truck drivers on U S soil.

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Kaylee Nix

Kaylee Nix is a meteorologist and reporter for FreightWaves. She joined the company in November of 2020 after spending two years as a broadcast meteorologist for a local television channel in Chattanooga, Tennessee. Kaylee graduated from the University of Oklahoma in 2018 and immediately made the Tennessee Valley her home. Kaylee creates written summaries of FreightWaves live podcasts and cultivates the social media for FreightWaves TV.