Truck rates out of Texas are soaring because of rising demand in the US for goods made in Mexico, especially home appliances and electronics, but demand is sagging in the other direction because of the devaluation of the peso.
04 Aug 2020
A tech-enabled cross-border truckload marketplace is giving shippers access to instantly bookable contract rates for up to a year as it seeks to build density with enterprise customers.
24 Jun 2020
Mexican businesses and their US and Canadian partners are focused on rebuilding supply chains shattered by COVID-19 and the recession, but they shouldn’t forget USMCA.
09 Jun 2020
Mexico’s exports in April dropped 41 percent year over year, the biggest one-month drop since the country’s 1986 fiscal crisis.
26 May 2020
Produce shipments from western and southern US states provoked a refrigerated spot rate spike in May, and some truck shortages in California.
12 May 2020
US tariffs on electronics goods produced in China continue to push production and assembly of some electronics to Southeast Asia and Mexico, with the latter grabbing a growing share of laptop computers and televisions due to its proximity to the US market.
23 Apr 2020
Venture capital investment is beginning to flow toward logistics providers that ease the freight and trade compliance burdens on US-Mexico cross-border shippers.
01 Apr 2020
A steep drop in cargo through Mexico’s ports in March is just one of several factors roiling the country’s logistics sector, which may see low freight volumes for months, executives say.
11 Mar 2020
The Mexican National Guard has ended a protestor blockade that halted trains on a Ferrosur rail line in southern Mexico, one of two incidents in which the federal security force helped free rail lines blocked by protestors in the last week.
09 Mar 2020
While Mexico’s Pacific Coast ports have so far seen little decline in cargo volumes due to coronavirus disease 2019 (COVID-19), some logistics providers expect volumes to fall beginning this month.
06 Mar 2020
By laying the groundwork for increased competition between Kansas City Southern of Mexico (KCSM), which has no direct rail access to Veracruz at present, and Ferrosur, which does, the new two-rail link is positioned to drive not only service improvements, but volume growth.
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