Mexico

Markets are lower Friday morning after U.S. President Donald Trump said in a Tweet Thursday evening his administration will impose a 5-percent tariff on every Mexican good crossing border as of June 10. What Happened Trump's 5-percent tariff will be lifted to 25 percent over the coming months...

The United States is planning to lift steel and aluminum tariffs on Mexico and Canada, clearing the way for ratification of the so-called "United States-Mexico-Canada Trade Agreement," the replacement for NAFTA, according to a Bloomberg report. The industry reacted to the report with...

Wait times for trucks importing and exporting cargo across the U.S.-Mexico border have dropped considerably from April crisis levels but industry experts warn threats to the supply chain haven't been eliminated. "I've been telling my members that maybe this is a blessing in disguise," said Bob...

  Both sides of the U.S.-Mexico border are expected to benefit from higher standards set by a new heavy-truck driver training facility in Mexicali, Mexico, near Calexico, California. The CECATI 84 Heavy Truck Training Center, which opened on April 6, was funded in part by Camara Nacional del...

UPS Inc. (NYSE: UPS) has added the busy Mexican border city of Ciudad Juarez to its list of markets to receive next-day deliveries of palletized freight to the U.S., the company said yesterday. Under the service, called "Worldwide Express Freight," shippers receive guaranteed door-to-door...

  A Mexican government agency says Kansas City Southern (NYSE: KSU) and two other national rail lines have the opportunity to fix rail rates on certain routes serving much of the country's industrial production. The Investigative Authority of the Federal Economic Competition Commission (...

Shipping to and from Mexico is never easy, but this year a perfect storm of market conditions is putting a crimp in rates and capacity. "An imbalance of trade means there's much more northbound capacity coming out of Mexico than inbound entering the country", said Troy Ryley,...

Mexico's current economic boom is providing business for the country's cross-border shipping industry, but also emphasizing the industry's growing pains. In a webinar hosted by FreightWaves and sponsored by Redwood Logistics, Jordan Dewart, managing director of Redwood's new Mexico...

President Donald Trump on Friday moved to bypass Congress to fund additional sections of border wall by declaring a national emergency. The move came after Trump said he’ll sign legislation Congress passed to keep the government open, legislation that had been intended as a compromise on the...

Over the past week, the MSCI Mexico IMI 25/50 Index is stumbling and what is left of the index's 2019 gains is less than half the year-to-date returns of the MSCI Emerging Markets Index. Bond market woes are plaguing Mexican equities and the related US-listed exchange traded funds. What...

US Xpress Enterprises, Inc. (NYSE: USX) today announced its plan to exit its U.S.-Mexico cross border investment as part of its ongoing capital allocation and profit improvement initiatives. According to reports, when fully implemented, the plan is expected to reduce current and planned...

Amid the lengthy shutdown crippling federal services nationwide, President Donald Trump doubled down on his commitment to construct a southern border wall in his Tuesday address. What Trump Said Trump attributed domestic economic concerns to southern border violations. “All Americans are hurt...

--There's so much focus on the IMO2020 rule in the transport sector, as companies start to realize that diverting that much distillate into the marine market could tighten supplies for their own needs. A more pressing switch began occurring this week, when Mexico started requiring ultra low...

The Silvers are at it again, founding Chicago-based freight brokerages with unique approaches to the market. This morning CEO Matt Silver and President Jordan Salins announced the launch of Forager Logistics, a brand-new, tech-focused shop focusing on cross-border freight into Mexico and Canada....