Canadian National has bowed out of its pursuit of Kansas City Southern, two weeks after US regulators threw up a major roadblock to a proposed deal, clearing the way for Canadian Pacific to apply for regulatory approval for its deal with the US-Mexico railroad.
25 Mar 2021
Canadian Pacific believes there will be intermodal growth opportunities if a merger with Kansas City Southern is approved, but there are challenges to overcome to get shippers to use the new available lanes between Mexico, the US Midwest, and Eastern Canada.
21 Mar 2021
If approved by regulators, the planned merger of Canadian Pacific and Kansas City Southern railways would offer cargo owners a single network straddling the largest global trade bloc.
09 Mar 2021
With the signing of NAFTA and, more recently, the United States-Mexico-Canada Agreement (USMCA), the flow of goods across the US-Mexico border would appear ripe for intermodal participation, but data indicates the market remains in its infancy.
17 Feb 2021
A trade finance startup this week got $7.8 million venture capital investment to arm exporters and logistics providers in Mexico with access to working capital.
16 Feb 2021
Cross-border carriers lack a load board analogous to the widely-used tools available to drivers on US domestic moves, something the broker and technology provider Forager is attempting to address.
07 Jan 2021
A new law that requires the US Department of Homeland Security (DHS) to develop a plan to use X-rays or similar technology to scan all cars, trucks, and freight trains entering the country could cause a flare up of chronic congestion issues at the southern border.
18 Dec 2020
A weekly service will carry 53-foot domestic intermodal containers between Tampa and Brownsville, Texas, for cross-border shipments between the United States and Mexico.
20 Nov 2020
Major and regional container carriers in recent years have added shuttle services on routes connecting ports in Mexico to the United States, particularly Tampa and Miami.
21 Oct 2020
Margin transparency is taking root among early-stage freight brokers, with cross-border 3PL Forager saying Wednesday it will provide clear pricing and service fees on any quote provided on its platform.
08 Oct 2020
As capacity tightens at the US-Mexico border, truckload carrier CFI is building a series of consolidation centers to expand its efforts to capture Mexico-bound less-than-truckload freight and provide shippers with more capacity.