Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade.
Bankrupt Celadon Group reveals employees in Mexico recently restarted operations of its transportation businesses after labor disputes. Court filings paint a murky picture of what’s happening at the Mexican subsidiaries — including Jaguar Transportation — and who is in charge.
Another shoe drops as the heart of truckload earnings season commences with Knight-Swift saying that it won’t meet analyst expectations.
P.A.M. Transportation Services reported “best second quarter operating income on record”, but signaled future margins may be challenged.
