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Trucks Moved 63 Percent Of Trans-Border Freight In March, According To Federal Data
Monday, June 17, 2019 - 1:52pm | 530Read More...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 U.S. Department of Transportation's Bureau of Transportation Statistics (BTS). Trucks carried $67.4...
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Laredo Motor Carriers Association Aims To Unite Local Trucking Industry Along The Border
Saturday, June 15, 2019 - 12:59pm | 781Read More...In June 2016, a leading group of Laredo carrier companies decided to band together and launch a new association focused on promoting and furthering Laredo as the "trucking capital" of the United States. From their efforts, the Laredo Motor Carriers Association (LMCA) was formed. LMCA recently...
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Lawmakers Approve Path Forward To Extend Interstate 27, Connect Mexico Trade With West Texas
Thursday, June 13, 2019 - 9:51am | 628Read More...Texas Gov. Greg Abbott signed a bill directing the Texas Department of Transportation to study the Ports-to-Plains Corridor, a plan that could extend Interstate 27 from Laredo all the way up to the Oklahoma-Texas border. The bill, HB1079, signed June 10, requires the Texas Department of...
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Werner Enterprises Expands Mexico Operations With New $8 million Cross-Dock Facility
Tuesday, June 11, 2019 - 10:23am | 640Read More...Werner Enterprises Inc (NASDAQ: WERN) continues to invest in U.S.-Mexican trade, regardless of the ups and downs of President Donald Trump's trade negotiations. In May, Werner opened a new 17,000-square foot refrigerated cross-dock operations facility in Laredo, Texas. The $8 million facility...
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In Mexico, Officials Prioritize Safeguarding High-Crime Highways
Monday, June 10, 2019 - 2:44pm | 995Read More...The highways of Mexico continue to be risky for truckers as cargo thefts rose 6 percent for the first four months of 2019, according to the Mexico City-based National Chamber of Freight Transport (CANACAR). More than 4,130 crimes were committed against cargo transporters from January through March...
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The Impact Of Trade Tariffs On Cross-Border Commerce
Monday, June 10, 2019 - 1:46pm | 700Read More...The economies of most countries are sustained on the foundation of international and cross-border trade, with the U.S. being a quintessential example, as consumer spending powers both its economy and the economies of countless other countries around the world. However, global trade movement took a...
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Border Town Wait Times Explode Prior To Tariff Announcement
Monday, June 10, 2019 - 11:10am | 952Read More...FreightWaves' SONAR chart of the week (June 9, 2019 – June 15, 2019) Chart of the Week: Wait Time (El Paso, Laredo) (SONAR: WAIT.ELP, WAIT.LRD) International trade has been a going concern for any involved in supply chain management over the past year as the current administration continues to...
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President Trump Cancels Mexico Tariffs, Makes Immigration Deal
Monday, June 10, 2019 - 10:59am | 744Read More...President Donald Trump said he has called off plans to impose tariffs on Mexico, tweeting on Friday night that the Mexican government has "agreed" to stem the flow of Central and South American migrants into the United States. Mexico "has agreed to strong measures to stem the tide of Migration...
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Trump Talks China, Mexico And Big Tech In CNBC Interview
Monday, June 10, 2019 - 10:19am | 433Read More...U.S. President Donald Trump spoke to CNBC Monday morning to discuss tariffs against China and Mexico. On China Trump said during CNBC's "Squawk Box" his decision to impose tariffs against China and threats to impose tariffs against Mexico is a result of the U.S. being "at a...
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Rollover Rally: Raytheon/United Technologies Merger Key Weekend Development
Monday, June 10, 2019 - 9:55am | 1978Read More...This week is starting off where last week left off, with more strength as geopolitical issues seemed to favor the bulls. The big kahuna is President Trump’s decision over the weekend to suspend his proposed tariffs on Mexico. That’s a relief for many of the Industrial companies,...
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Monday's Market Minute: What To Watch For Today
Monday, June 10, 2019 - 9:42am | 241Read More...Investors are expressing optimism ahead of Monday’s open with futures signaling risk-on sentiment and a higher open for stocks in reaction to news over the weekend that tariffs on goods from Mexico have been avoided. President Donald Trump announced Friday after the close that he had “...
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Commentary: Unintended Economics – The Mexican Chapter
Friday, June 7, 2019 - 12:30pm | 617Read More...It is simple Economics 101. When you tax something, you get less of it. When you subsidize something, you get more of it. Great news! The December 2017 TCJA (Tax Cuts and Jobs Act), dramatically cut the corporate tax rate from 35 percent to 21 percent. Before its enactment, the U.S. had the...
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Mexico, US Reportedly Discussing Migration Plans; Tariffs Could Be Delayed Or Avoided
Thursday, June 6, 2019 - 4:07pm | 385Read More...The United States may delay imposing new tariffs on Mexican products. President Donald Trump said last week that he’d place 5-percent tariffs on Mexican goods until Mexico stopped the flow of migrants across the border. The tariff is set to go into effect Monday. Bloomberg and The...
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Congress Considers Blocking Trump's Mexico Tariffs
Thursday, June 6, 2019 - 10:15am | 674Read More...Lawmakers on both sides of the political aisle are looking for a legal way out of President Donald Trump's escalating tariff regime on Mexican exports scheduled to begin June 10. President Trump is attempting to use his surprise tariffs announced on May 30 against the United States' biggest...
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Toying With Tariffs: Trade War With Mexico Could Hurt Mattel, While China Spat Affects Hasbro
Wednesday, June 5, 2019 - 1:26pm | 619Read More...For toymakers Hasbro, Inc. (NASDAQ: HAS) and Mattel Inc., (NASDAQ: MAT), American saber-rattling on trade is no child’s play. The impact of high tariffs on products coming from Mexico — a threat made last week by the Trump administration — and China, with which the...















