$1.1 billion terminal operator ICTSI sold its stake in a Japanese container terminal on Okinawa to focus on other global port operations.
13 Jan 2015
Even if Mexican carriers rush to apply for U.S. authority, getting freight across the border won't become easier without improved customs processes, an expert on U.S.-Mexican trade says.
10 Jan 2015
The U.S. Department of Transportation’s decision to finally open up the border to Mexican trucking companies — a key stipulation of NAFTA still not implemented after two decades — has resolved none of the political controversy and still faces severe political backlash from opponents including the Teamsters.
09 Jan 2015
Barely a few months go by without an automaker announcing plans to move or increase production in Mexico. General Motors, for example, said in December it would invest $5 billion in Mexico by 2018, adding to the $1.4 billion it’s already spent on factories there.
15 Dec 2014
The Mexican Congress is expected to approval legislation this afternoon that would protect concessions held by the country’s three largest railroads and create a rail regulatory agency.
04 Dec 2014
Lazaro Cardenas, Mexico's second-largest container port, saw traffic rise for second straight month in October.
03 Dec 2014
Containerized imports of toys through U.S. ports have slipped in recent months but are poised to recover as demographic trends return to more normal patterns following the Great Recession.
26 Nov 2014
U.S.-Mexico cross-border trucking and rail volume is poised to increase after Mexican factory export production in October hit a five-year high.
25 Nov 2014
The value of U.S. trade with Mexico and Canada increased by $7.8 billion in September, exceeding $100 billion for the seventh straight month as manufacturing activity and freight shipping in all three North American Free Trade Agreement partners expanded.
25 Nov 2014
A tentative U.S.-Mexico aviation pact would expand air cargo services linking the North American trading partners, but the biggest benefits may go to global shippers.
21 Nov 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October and November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.