• ITVI.USA
    12,371.230
    1,536.990
    14.2%
  • OTRI.USA
    15.950
    0.050
    0.3%
  • OTVI.USA
    12,358.510
    1,529.980
    14.1%
  • TLT.USA
    2.650
    -0.050
    -1.9%
  • TSTOPVRPM.ATLPHL
    2.630
    0.110
    4.4%
  • TSTOPVRPM.CHIATL
    1.910
    0.050
    2.7%
  • TSTOPVRPM.DALLAX
    1.250
    -0.060
    -4.6%
  • TSTOPVRPM.LAXDAL
    2.390
    0.130
    5.8%
  • TSTOPVRPM.PHLCHI
    1.330
    0.070
    5.6%
  • TSTOPVRPM.LAXSEA
    2.750
    0.020
    0.7%
  • WAIT.USA
    103.000
    -17.000
    -14.2%
  • ITVI.USA
    12,371.230
    1,536.990
    14.2%
  • OTRI.USA
    15.950
    0.050
    0.3%
  • OTVI.USA
    12,358.510
    1,529.980
    14.1%
  • TLT.USA
    2.650
    -0.050
    -1.9%
  • TSTOPVRPM.ATLPHL
    2.630
    0.110
    4.4%
  • TSTOPVRPM.CHIATL
    1.910
    0.050
    2.7%
  • TSTOPVRPM.DALLAX
    1.250
    -0.060
    -4.6%
  • TSTOPVRPM.LAXDAL
    2.390
    0.130
    5.8%
  • TSTOPVRPM.PHLCHI
    1.330
    0.070
    5.6%
  • TSTOPVRPM.LAXSEA
    2.750
    0.020
    0.7%
  • WAIT.USA
    103.000
    -17.000
    -14.2%
American ShipperNewsTrucking

US-Mexico truck crossings decline 22% at Port Laredo in April

Laredo’s bridge revenue for April was $3.6 million, down 36.3% from April 2019.

The World Trade and Colombia Solidarity bridges in Laredo, Texas, saw 41,100 fewer commercial truck crossings in April compared with April 2019, according to the city of Laredo.

Laredo’s bridge revenue for April was $3.6 million, down 36.3% from $5.6 million in April 2019.

Commercial truck crossings totaled 148,447 vehicles in April, compared with 189,598 during the same period last year, a 21.7% decline. 

The decline was caused by Mexico’s closure of all nonessential businesses on March 30 to slow the spread of the coronavirus. This included automakers, electronics, steel and textile factories, aeronautics, and beer producers.

Many factories across Mexico began to slowly reopen on Monday.

Laredo’s outbound tender volume (OTVI.LRD) is up 66% since May 25, signaling market conditions are improving for carriers, according to FreightWaves’ SONAR platform.

Top exports that cross through Laredo into Mexico include motor vehicle parts, vehicle engines and auto parts, and gasoline.

During April, Mexico’s exports to the U.S. also decreased 41%, according to data from Mexico’s National Institute of Statistics and Geography (INEGI). 

Exports from Mexico to the U.S. totaled $23.4 billion in April, the lowest amount since 2010 and the largest percentage decline since March 1986’s 42% drop, according to INEGI.

Some of Port Laredo’s top imports from Mexico include motor vehicle parts, passenger vehicles, commercial vehicles, tractors and computers.

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Noi Mahoney

Noi Mahoney is the Cross-Border Freight Market Reporter for FreightWaves.com. He graduated from the University of Texas at Austin with a degree in English in 1999. Mahoney has more than 20 years experience as a reporter and editor. He has worked for newspapers in Florida, Maryland and Texas.
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