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Freight Volumes Across Mexico Declining As Pandemic Worsens
Tuesday, April 14, 2020 - 10:26am | 492Read More...Cross-border freight volumes across Mexico are suffering due to a significant drop in demand, according to transportation officials. The decline is linked to the closure of truck-making and auto parts plants across Mexico to contain the coronavirus, as well as the March 30 executive order by...
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"Business As Usual" Along Texas-Mexico Border
Tuesday, March 17, 2020 - 5:21pm | 594Read More...Trade continues to flow normally across eight ports of entry in South Texas along the Texas-Mexico border, according to officials with U.S. Customs and Border Protection (CBP). The CBP Laredo Field Office held a conference call Tuesday to update the impact of the coronavirus on trade. "The flow...
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Home Depot Investing In Stores, Logistics Facilities In Mexico
Tuesday, March 10, 2020 - 9:56am | 362Read More...The Home Depot's (NYSE: HD) Mexican unit will invest $122.8 million in the country over the next year and open four new stores, as well as two new logistics nodes, the company said in a recent release. As part of the plan, the Atlanta-based home improvement retailer will also expand the two...
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US And Mexico Vow To Expand Unified Customs Processing At Border
Thursday, March 5, 2020 - 2:02pm | 381Read More...The U.S. and Mexican governments have committed to expand a program to enhance shared customs processing of U.S.-bound cargo along the shared land-border between the two countries. The announcement was made at the conclusion of the 12th Plenary Meeting of the 21st Century Border Management...
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El Paso And New Mexico Freight Volumes Rise As Consumers Demand Imports From Mexico
Thursday, March 5, 2020 - 10:36am | 480Read More...Strong consumer spending has been driving up freight volumes in El Paso, Texas, and New Mexico ports of entry the past several weeks. As American consumers keep spending money, factories in Juarez, Mexico, keep producing goods such as computers, televisions, medical equipment, cars and auto parts...
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Mercado Libre To Invest $420 Million In Mexico Targeting Rival Amazon
Wednesday, March 4, 2020 - 9:54am | 516Read More...Latin American e-commerce giant Mercado Libre will invest $420 million in Mexico in 2020, as part of its continuing battle with Amazon.com, Inc. (NASDAQ: AMZN) to gain a larger slice of the country's lucrative online retailing market. The online retailer, which is based in Buenos Aires, Argentina...
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Coronavirus Linked To 15.9% Drop In Mexican Steel Production In January
Tuesday, March 3, 2020 - 10:46am | 682Read More...Two U.S. steel companies recently announced they were expanding in Mexico through acquisitions and facilities upgrades. The investments come despite recent drops in Mexican steel production related to the coronavirus. Wisconsin-based Maysteel Industries is expanding sheet metal fabrication...
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Mexican Cross-Border Parcel Transporter Buys 65 New Trucks
Monday, March 2, 2020 - 10:59am | 523Read More...Estafeta, a cross-border cargo and courier transporter, has been on a spending spree to start the year. On Thursday, Estafeta took delivery of 16 Volvo VNR640 heavy-duty trucks for $1.82 million. On Friday, the Mexico City-based company also bought 49 new Freightliner Cascadia trucks at a price of...
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Today's Pickup: Canada Still Hasn't Ratified USMCA — But Don't Worry
Wednesday, February 26, 2020 - 3:31pm | 637Read More...Good day, Canada hasn't ratified the United States-Mexico-Canada Agreement (USMCA) yet as lawmakers continue to review NAFTA's successor. The deal still appears on track for approval despite a torrent of hearings and saber-rattling over some unpopular provisions, including allowances for a little...
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USMCA Boosts Demand For Industrial Space Near Border
Tuesday, February 25, 2020 - 5:31pm | 567Read More...A Boston-based real estate firm recently purchased a 24-acre industrial park some 3 miles from the Port of Houston and 200 miles from the U.S.-Mexico border. It is the latest in a string of transactions involving industrial, logistics and warehouse space in the Texas-Mexico border region in recent...
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The Mysterious Resurrection Of Celadon's Mexican Business
Monday, February 24, 2020 - 3:37pm | 555Read More...Bankrupt Celadon Group says employees in Mexico recently resumed "limited operations" of its transportation business there using the company's cash receivables after initiating a series of labor disputes, court filings show. Celadon made puzzling disclosures in two Feb. 21 filings in U.S....
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Borderlands: Mexican Factories Feel Coronavirus Effect; Mexico Defends Law Criticized By Truck Manufacturers
Monday, February 24, 2020 - 11:06am | 1502Read More...Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: factories in Mexico feeling effect from coronavirus; Mexico seeks solution to controversial fuel standard; traffic congestion costs the trucking industry $75 billion...
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Mexican Carrier's Freightliner Cascadia Acquisition Bucks Otherwise Dismal Domestic Sales Figures
Friday, February 21, 2020 - 11:18am | 606Read More...Daimler Commercial Vehicles México delivered 10 new Freightliner Cascadia units to cross-border carrier Grupo HG Transportaciones on Wednesday. The 53-year-old freight transport company based in Monterrey, Mexico, now has a fleet of around 460 vehicles, said company officials during a ceremony for...
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Borderlands: project44 Promotes Freight Visibility In The USMCA Era; Mexico Auto Industry Prepares For Coronavirus
Monday, February 17, 2020 - 12:25pm | 1206Read More...Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: project44 promotes freight visibility in USMCA era; Amazon leases 1 million-square-foot warehouse at DFW International Airport ; Mexico auto industry preparing for...
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Truck Carrying $30 Million In Liquid Meth Seized In El Paso
Thursday, February 13, 2020 - 5:54pm | 268Read More...U.S. Customs and Border Protection (CBP) agents working at the Ysleta port of entry in El Paso, Texas, seized 1,543 pounds of liquid methamphetamine Wednesday. CBP officials told FreightWaves the liquid methamphetamine "would have an estimated street value of $30 million." The liquid...
















