Mexico avoids tariffs on steel used in energy sector
The United States is the largest steel importer in the world, buying $23.9 billion worth of raw steel in 2019.
The United States is the largest steel importer in the world, buying $23.9 billion worth of raw steel in 2019.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Record-breaking Mexican blockade costs $81M; A&R Logistics expands in Houston; Mexican export bank seals $600M loan; and TA Services acquires Top Gun Freight.
Systems issues at the Canada Border Service Agency leads to a significant backlog of incoming shipments, trucking industry group says.
Logistics professionals said to expect U.S.-Mexico border capacity to be tight the rest of the year and into 2021.
Trucks moved $33 billion worth of freight between the U.S. and Mexico in August, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics.
With less than a week to go before Election Day, analysts and CEOs weighed in on what the future may hold for trade with Mexico.
Separate protests in Mexico have been disrupting railways and highways in the Mexican states of Chihuahua and Michoacán since mid-August.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: DHL Express invests $53 million in Mexico fleet expansion; $7M in cocaine seized in Laredo; Mexico authorizes new commercial seaport in Sinaloa; Transmute raises $2 million in seed funding.
The blockade from the Border Union of Operators of Nuevo Laredo is to protest increasingly longer wait times and inadequate service at Laredo’s World Trade Bridge.
Amazon’s new fulfillment centers in Guadalajara and Monterrey represent a $100 million logistics investment.
The Port of Brownsville recently received a $14.5 million grant to expand and upgrade the port’s 3 million-bushel grain elevator, including rail and road improvements.
FedEx Express will open a $12M, 193,000-square-foot logistics center in the Mexican city of León, creating 150 jobs.
Cocaine, fentanyl, heroin and methamphetamine have been seized from trucks crossing the border in Texas and California.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Volkswagen Taos starts production in Mexico; Lalamove launches delivery services in Dallas; Dachser Mexico expands in Querétaro; and OmniTRAX grows in South Texas.
Fr8Hub shareholders intend to invest $12 million as part of the transaction.
New England Country Foods has accused Empacadora Frape, its Mexican supplier, of failing to deliver on a contract for packaged beef chili destined for Texas prison commissaries.
The USMCA Corridor would connect rail from the Pacific Ocean in Mexico through the United States all the way to Canada.
Ford Mexico CEO says ongoing Mexican rail blockades are affecting the flow of goods across the country.
Audi said it will allow Mexican officials to audit its Puebla plant following a dispute over tax payments.
Two-way trade at Port Laredo fell 19% to $126.49 billion through the first eight months of the year, dropping the port to No. 4 for border crossings in 2020.