In Mexico, the number of cargo thefts decreased 10.3% in November 2019, compared to the same month last year, according to recent data. There were 923 robberies of tractor-trailers reported in Mexico in November, compared to 1,029 during the same period last year, according to a report from Alfonso Durazo, head of Mexico’s Ministry of […]
Texas continues to be a leader in international trade, ranking No. 1 in exports of manufactured and non-manufactured commodities for the third quarter, according to the U.S. Census Bureau. Year-to-date, Texas has exported an estimated $155.8 billion in manufactured goods and $68.7 billion in non-manufactured commodities, ranking it No. 1 in both categories among U.S. […]
Just days after Mexico’s Senate voted to approve modifications negotiated into the U.S.-Mexico-Canada Agreement (USMCA), U.S. officials introduced a labor enforcement provision that threatened to stall the trade agreement. An annex of the agreement presented in the U.S. House of Representatives on Dec. 13 called for the appointment of up to five U.S. labor inspectors […]
Sunset Transportation, a St. Louis-based third-party logistics (3PL) provider, recently opened a new customs brokerage office and warehouse facility at the U.S.-Mexico border in Laredo, Texas. The new Laredo branch office will service the Mexico market with cross-border logistics solutions, Mexico and U.S. customs clearance, warehousing and transloading access. “We now have the capability to […]
As two large companies in the freight industry announced they were eliminating or scaling back trucking services in Mexico last week, industry insiders say cross-border trade will continue to expand. The key for shippers and carriers will be figuring out how they are going to tackle the market in the near future, said Jesus Alvarez, […]
Covenant Transport has decided to end all service to the interior of Mexico, citing dropping spot market pricing, increasing detention times and an inability to gain the freight density needed to balance costs. “After five years servicing the interior of Mexico, Covenant Transport Services will, in coming months, end our Mexico service offering,” said Andy […]
The Mexican border city of Nuevo Laredo should “bet more on logistics and foreign trade” than on attracting more maquiladoras, according to trade experts. “Nuevo Laredo no longer needs to invest in maquiladoras, because it is a city more oriented towards customs and services,” said Cirila Quintero, a professor at El Colegio de la Frontera […]
Mexico’s national association of heavy duty truck and bus manufacturers (ANPACT), reported the manufacture of commercial trucks grew 6% in July, producing 20,006 units, when compared against 18,863 units in July 2018. Exports of trucks also increased 11.2% in July, with Mexican manufacturers sending 18,140 units abroad. For the first seven months of 2019, export […]
Transplace’s 2019 Carrier Symposium in Dallas discussed the latest topics impacting the carrier industry, including both capacity excesses and shortages, ELDs, regulatory changes, and driver issues. Frank McGuigan, chief executive of Transplace, kicked off the symposium with a “State of the Business” address, saying supply chains are more complex than ever and expanding; and that […]
As part of an Austerity Law passed by the Mexican legislature in May, commerce officials in Mexico recently ordered the closure of six foreign commercial trade offices, including customs offices in Belgium, Canada, China, France, Japan and Uruguay. The order was recently signed by the head of Mexico’s Ministry of Economy (SE), Graciela Márquez Colín, […]
Truckload carrier stocks have held up through the last six trading sessions, walking through a couple of potential body blows.
Market expert Donald Broughton writes about the numerous consequences of a U.S. Mexico trade war and the damage that will be done on both sides of the border.
President Trump’s recent announcement of tariffs on Mexico marks a sharp departure from previous moves with potentially disastrous results for U.S. businesses and supply chains
J.B. Hunt Transport has consolidated its sales, operations and customer support functions for its Mexican subsidiary in a new office in Santiago de Querétaro, Querétaro, Mexico.
Delays could extend to U.S.-Canada as customs personnel are relocated to deal with immigration on the southern border.
Drivers – not brokers – facing penalties of $5,000-$10,000 for violating new e-manifest filing requirements at the border.
The core of the trade pact, which allows American companies to operate in Mexico and Canada without tariffs, remains the same.
Borderless Coverage allows brokers and freight forwarders to instantly secure Mexican cargo insurance for loads at about half the cost with the click of a button, removing barriers to international trade.
