For the first time in its 168-year history, Port Laredo is No. 1. Laredo surpassed Los Angeles as the nation’s busiest trade hub, including airports, seaports and international border crossings. Port Laredo did $20.09 billion in trade during the month of March (according to the latest Census Bureau numbers available and analyzed by WorldCity), while […]
Brian Mulroney, an architect of NAFTA’s precursor, says the trade deal will withstand Trump’s latest tariffs.
Market expert writes about how current trade issues between the U.S. and China, the U.S. and Mexico and the U.S. and the EU may disrupt supply chains and cause economic problems.
There are plenty of conflicting data points on the direction of the economy, which might suggest that everything may be just fine in the near term.
Mexico’s current economic boom is providing business for the country’s cross-border shipping industry, but also emphasizing the industry’s growing pains.
Profitability will lag in high growth markets like Brazil and India, but aftersales services in NAFTA and the EU will drive profitability growth.
While most of the new trade deal with Mexico and Canada is an update to NAFTA, there is a paragraph inserted into the agreement that could disrupt cross-border trade via truck.
Daimler Trucks sold more vehicles in quarter three than a year ago, but its parent company, Daimler AG saw revenue flat for the third quarter at $45.8 billion (40.2 billion Euros).
Saudi Arabia and Russia are looking to contain crude oil prices by increasing production by nearly half a million barrels per day; China’s U.S. oil exports have dried up completely; Amazon warehouse workers lose their bonus over the company’s minimum pay rise pledge.
Concerns over a global trade war have eased this morning, as Canada agreed late Sunday to join a trade deal between the US and Mexico. The deal makes modest revisions to the previous North American Free Trade Agreement (NAFTA), and clears up some of the uncertainty surrounding the trade environment.
Speaking at the American Trucking Associations’ (ATA) 2nd Annual Economic Summit on Thursday in Washington, DC, ATA President & CEO Chris Spear touted the accomplishments of the association but told attendees now is not the time to become complacent.
Marketing executive says reforms to trade deal take uncertainty from local customers.
Maersk foresees a $2 billion increase in fuel costs due to sulfur-emissions cap; U.S. consumers might witness increase in car prices after U.S.-Mexico deal; Indonesia is seeing a tremendous growth in ecommerce; German car manufacturers are facing a battery production crisis.
The core of the trade pact, which allows American companies to operate in Mexico and Canada without tariffs, remains the same.
President Donald Trump highlights new deal with Mexico involving automobile trade
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.
Redwood Logistics recently announced the launch of Redwood Mexico, a new service aimed at untangling the complicated process of shipping to and from Mexico.
NAFTA trade talks are back on the table, with Canada and Mexico hoping to ward off potential auto tariffs that could be levied by the U.S. if the agreement turns out to be unfavorable to its interests.
The US trade deficit in goods narrowed for the second consecutive month, but a decline in both exports and imports means less transportation to and from ports
Drivers find productivity gains after ELD hard enforcement; Canadian Pacific workers’ strike imminent; Brazilian truckers extract over $2B in govt concessions; Maersk rolls out blockchain-based maritime insurance; WaPo interviews truck drivers on the lifestyle.
