CP CEO: KCS merger opens up Lazaro port as Pacific alternative
The CEOs of Canadian Pacific and Kansas City Southern on Tuesday talked up the benefits of their railroad consolidation at the RailTrends conference in New York.
The CEOs of Canadian Pacific and Kansas City Southern on Tuesday talked up the benefits of their railroad consolidation at the RailTrends conference in New York.
AskWaves recounts the history of the eight-lane, $128 million World Trade Bridge, and its importance to commercial truck traffic between Mexico and the United States.
The USMCA has brought about new opportunities for cross-border trade. Is your organization taking advantage of these changes?
1992: Textiles and trucking are among industries with the most at stake in the North American Free Trade Agreement.
A railroad from Mexico’s Port of Mazatlan to Winnipeg, Manitoba, would require enhanced container-handling facilities at both sites.
For Canada, United States-Mexico-Canada Agreement (USMCA) makes trading with the United States a bit more complicated. And it may create some headaches for the trucking industry.
Darren Prokop provides information on the USMCA, which goes into effect on July 1, 2020. How will the agreement impact trade and supply chains in the three countries?
Canadian carrier Day & Ross is testing a hydrogen-injection engine technology that is said to reduce emissions. Plus, New York City is closing roads, ecommerce booms, and USMCA trade deal delayed
Overwhelming approval of U.S.-Canada-Mexico Agreement Implementation Act paves new trade pact’s way to President Trump’s desk for signature.
USMCA will cost automakers $3 billion in added tariffs; Chinese EV sales plunge; U.S. holiday season will see over $1 trillion in sales.
Last-minute meeting in Washington likely will hash out changes to make NAFTA’s successor palatable to congressional Democrats.
Pressure applied as some Democrats remain concerned about labor provisions.
A NAFTA binational antidumping and countervailing duty dispute panel on Sept. 4 issued a decision upholding the U.S. International Trade Commission’s (ITC’s) finding that imports of softwood lumber from Canada […]
The working group laid out specific proposals in the areas of labor, the environment, enforcement and pharmaceuticals.
Rail union workers are at odds with other members of the freight rail industry over how cross-border rail operations are run at Laredo, Texas.
Mexico became the first country to ratify the United States-Mexico-Canada Agreement (USMCA) when its Senate approved it by a vote of 114 in favor to 4 against on June 19. […]
Trans-border freight totaled $107.2 billion in March, with trucks moving 63 percent of all freight by value with United States trading partners Canada and Mexico, according to data released by […]
The McAllen Economic Development Corporation (EDC) recently worked with officials in the Mexican city of Reynosa to build two new maquiladoras (also known as maquilas), in addition to a major […]
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. […]
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.
Mnuchin is running a full court press to make Chinese tariffs, aluminum sanctions, and NAFTA renegotiation the least disruptive as possible.
The spot market is normalizing; XPO’s Brad Jacobs talks jazz and M&A; China COSCO’s purchase of OOCL might be held up; railroad Teamsters want NAFTA changes; weak spot rates for container ships pulling down contract negotiations; Xi looks for a way out of the trade war.
CFO of Kansas City Southern spoke at the Global Industrials Conference in London about the challenges faced by the U.S. railroad industry with regard to NAFTA and its prospects in the Mexican cross-border trade.
Insurance & Risk Management presented by Reliance Partners … U.S. companies moving freight across the border need additional insurance to cover their Mexican drivers, even if it is only within the border zone
Geely, owner of Volvo Cars, has acquired a stake in Daimler AG and it has upset AB Volvo, which has decided not to put Volvo Cars’ chief executive up for re-election to its board.
The U.S. and South Korea are kicking off a renegotiation of their 2012 free trade agreement.
In all, 35% of Americans will purchase flowers this year, says the Society of American Florists, totaling some $2 billion in sales, and the most of them get to their destinations via the trucks.
Even trucking original equipment manufacturers are not immune to spot freight volatility. Because of that, Daimler Trucks North America (DTNA), is working to shore up its supply chain relationship with contracted freight carriers through a new digital platform.
The compliance rate for ELDs among fleets sits at 86%, according to the latest rolling survey of 318 fleets by CarrierLists.
Fiat Chrysler Automobiles (FCA) has confirmed its plan to move its truck-making arm from Saltillo, Mexico, to Detroit, MI, the Chicago Tribune reports.
Click through to the map that shows how North America’s infrastructure is already integrated, despite our political disagreements.
Lost in the flurry of news yesterday from Walmart was a little nugget of information that will have profound impact on freight movements both within the Walmart supply chain and for carriers who transport goods to Walmart.
Mexico’s ambassador to the United States told CBS News there is a 50% chance that the end result of NAFTA negotiations will be termination of the trade pact.
Uber Freight has added two new features to its app that it believes will help truckers find loads quicker and reduce empty miles.
As the talks concluded last week on Round 5 of the North American Free Trade Agreement (NAFTA), the 3 NAFTA ministers included among the 30 negotiating parties agreed to “step back” to give negotiators additional time to “analyze proposals and conduct internal consultations,” according to LandLine Magazine.
Following on the heels of a 90-day waiver from the ELD rule for agriculture haulers, and several other exemptions granted by FMCSA in recent months, the Owner-Operator Independent Drivers Association (OOIDA) has submitted a new exemption request to the agency.
Van and refrigerated spot rates remain near historic levels, according to the latest data from DAT. The firm said the national average van rate fell 1 cent to $2.06 per mile, but remains just 3 cents below the post-hurricane peak of early October.
According to a recent report by Bloomberg, American negotiators are advocating to remove Mexican long-haul trucks from the NAFTA Chapter on cross-border services.
If the Trump administration wants to push through a massive infrastructure bill, the only viable way to do that is to raise the federal fuel tax. That is the conclusion of an American Transportation Research Institute (ATRI) report entitled “A Framework for Infrastructure Funding.”
We need NAFTA. That was the general consensus from Bob Costello and Derek Leathers on Sunday during a general industry update session at the American Trucking Associations’ MCE 2017 conference in Orlando.
Some of the most prominent stakeholders in Canada voiced their concerns over NAFTA at an event organized by the Truckload Carriers’ Association (TCA) entitled “Bridging Border Barriers.”
C.H. Robinson will implement Omnitracs’ Virtual Load View (VLV) application as it seeks ways to improve visibility into load tracking. The system will run alongside C.H. Robinson’s own Navisphere system.
The never-ending story of whether port truckers should be contractors or employees is facing a new battlefront as two councilmen for the city of Los Angeles have introduced a bill that would bar trucking companies from serving the ports if they use independent contractors.
James Hoffa, Teamsters’ president, doesn’t want anyone to forget the safety of trucks operating on American and Canadian roads. In an op-ed piece for The Detroit News, Hoffa noted that Teamsters chapters in the United States and Canada have joined forces to push an initiative for policy changes that will be beneficial for safety.
The Truckload Carriers Association and CarriersEdge are accepting nominations for the annual Best Fleets to Drive For survey. Nominations for the 10th annual survey will be accepted until Oct. 31, 2017.
It’s finally here. Eclipse day. And as many have predicted, traffic around the country is clogging the highways, causing delays.
FedEx Freight announced that drivers at its Croydon, PA, facility have voted to leave the Teamsters Union. This comes just two weeks after drivers in Charlotte, NC, did the same.
The long-awaited U.S. outline for the goals of a renegotiation of NAFTA has been unveiled, and there are few surprises in the 17-page document. The document outlines the U.S. top priority of shrinking trade deficits with Canada and Mexico.
In its latest State of the Freight webinar last week, FTR experts laid out their expectations and timelines for freight disruption, and as expected, sections were devoted to NAFTA and autonomous trucks.
McKinsey & Company has recently issued a report on potential impacts to the trucking and rail freight industries in the U.S., Canada and Mexico. The report, “Four forces to watch in trucking and rail freight,” identifies critical structural issues that executives must pay attention to in the immediate future.
While Congress and the states kick around proposals to increase funding for infrastructure, Robert Atkinson, an opinion writer for The Hill, has backed the idea of charging big rigs taxes based on the number of miles they drive.
Good morning. Hope the roads are clear where you are today. As it turns out, that is not often the case for many of us. The American Transportation Research Institute reported that congestion on U.S. roadways cost the trucking industry $63.4 billion in 2015 and resulted in 996 million hours of lost productivity, which is equal to 362,243 truck drivers sitting idle for an entire year.
This Week in Trucking, the EPA has filed a court brief seeking a delay in a challenge to its greenhouse gas regulations, leading to speculation that the agency may review the upcoming Phase 2 rules. Also, the government has acknowledged it is lacking answers for regulating automated vehicles, Amazon jumps into the driverless vehicle arena and the economy is off to a slow start in 2017.
President Donald Trump’s decision to place softwood lumber tariffs on Canada this week might be an indication that the administration is set for a reset on the North American Free Trade Agreement (NAFTA). It is a gamble that potentially puts billions of dollars in NAFTA trade shipments at risk – much of it hauled by trucks.