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Business Leaders And Lawmakers Urge Trump To Delay USMCA Launch
Thursday, April 30, 2020 - 10:32am | 764U.S. trade associations and members of Congress are pushing to delay the July 1 launch date of the new United States-Mexico-Canada Agreement (USMCA). Business leaders argue the coronavirus pandemic has diverted resources needed to ensure a smooth transition from the previous North American Free...
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Today's Pickup: Day & Ross To Test Hydrogen-Injection Engine Technology
Tuesday, April 28, 2020 - 11:31am | 818Good day, Canadian trucking firm is piloting a carbon emission reduction technology that involves the injection of hydrogen into the engine. Hartland, New Brunswick, Canada-based Ottaway Motor Express, a subsidiary of Day & Ross, is testing two trucks using dynaCERT's HydraGen carbon emission...
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Canadian Lawmakers Approve USMCA As Coronavirus Crisis Deepens
Friday, March 13, 2020 - 5:45pm | 279Canadian lawmakers approved the United States-Mexico-Canada Agreement (USMCA) on Friday, helping ensure that predictability can return to North American supply chains once the dust settles from the coronavirus pandemic. Members of the House of Commons and the Senate voted unanimously to approve...
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Mexican Cross-Border Parcel Transporter Buys 65 New Trucks
Monday, March 2, 2020 - 10:59am | 523Estafeta, a cross-border cargo and courier transporter, has been on a spending spree to start the year. On Thursday, Estafeta took delivery of 16 Volvo VNR640 heavy-duty trucks for $1.82 million. On Friday, the Mexico City-based company also bought 49 new Freightliner Cascadia trucks at a price of...
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Cross-Border US-To-Canada LTL Freight Rates Heat Up
Thursday, February 27, 2020 - 1:51pm | 510A strong increase in cross-border less-than-truckload (LTL) rates, largely from the U.S. to Canada, helped drive up freight costs for Canadian shippers in December, according to Canadian General Freight Index (CGFI) figures released today. Freight costs increased by 1.25% in December from the...
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Today's Pickup: Canada Still Hasn't Ratified USMCA — But Don't Worry
Wednesday, February 26, 2020 - 3:31pm | 637Good day, Canada hasn't ratified the United States-Mexico-Canada Agreement (USMCA) yet as lawmakers continue to review NAFTA's successor. The deal still appears on track for approval despite a torrent of hearings and saber-rattling over some unpopular provisions, including allowances for a little...
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USMCA Boosts Demand For Industrial Space Near Border
Tuesday, February 25, 2020 - 5:31pm | 567A Boston-based real estate firm recently purchased a 24-acre industrial park some 3 miles from the Port of Houston and 200 miles from the U.S.-Mexico border. It is the latest in a string of transactions involving industrial, logistics and warehouse space in the Texas-Mexico border region in recent...
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Borderlands: project44 Promotes Freight Visibility In The USMCA Era; Mexico Auto Industry Prepares For Coronavirus
Monday, February 17, 2020 - 12:25pm | 1206Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: project44 promotes freight visibility in USMCA era; Amazon leases 1 million-square-foot warehouse at DFW International Airport ; Mexico auto industry preparing for...
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Mexico Ranked No. 1 In Total Trade Value With The US In 2019
Friday, February 7, 2020 - 9:56am | 952Mexico's trade with the United States rose to $614.5 billion in 2019, up 0.5% above its total trade in 2018, according to U.S. Department of Commerce data released Wednesday. That was a record for the commercial exchange of goods between the countries, and Mexico ranked No. 1 among the U.S.'s...
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Today's Pickup: US Border Officers Target Canada Post Trucks Hauling Pot To Island
Wednesday, February 5, 2020 - 3:14pm | 632Good day, Canada Post wants Canadian cannabis producers to stop sending shipments to a tiny island because U.S. border officers keep seizing them from its sealed trucks when they briefly enter Maine. Canada's federally owned postal carrier sent letters to the cannabis firms in late October in...
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Trump Touts Trade Agreement Successes In State Of The Union
Wednesday, February 5, 2020 - 12:40pm | 574President Donald Trump during his State of the Union address Tuesday evening touted his recent conclusion of a new trilateral trade agreement with Mexico and Canada and securing of better terms for American businesses in a trade deal with China. "I keep my promises. We did our job," Trump told the...
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Trump Praises Texas Steel Mill Project During USMCA Signing Ceremony
Tuesday, February 4, 2020 - 2:56pm | 444President Donald Trump singled out a new steel mill project in Texas during the signing of the United States-Mexico-Canada Agreement (USMCA) trade pact last Wednesday. Trump cited the Steel Dynamics Inc. (SDI) project in Sinton as an example of more manufacturing jobs returning to the U.S. "Steel...
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Trump Signs USMCA, 'Ending The NAFTA Nightmare'
Wednesday, January 29, 2020 - 4:26pm | 499Donald Trump on Wednesday signed into law a revamped pact with Mexico and Canada that replaces the 26-year-old North American Free Trade Agreement (NAFTA). The United States-Mexico-Canada Agreement (USMCA) "overhauls" the rules for trading agriculture, manufacturing and services with Mexico and...
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Union Pacific Seeks To Eke Out Efficiencies
Friday, January 24, 2020 - 12:52pm | 1595Longer trains and headcount reductions are among the initiatives that Union Pacific (NYSE: UNP) expects to deploy to improve its operating ratio in 2020. Operating ratio (OR), a measure of a company's financial health, can be calculated by dividing operating expenses by revenue. Union Pacific's (...
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Canada To Take Up USMCA Ratification Next Week
Wednesday, January 22, 2020 - 9:48am | 326Canadian Prime Minister Justin Trudeau said Tuesday he expects Parliament to ratify NAFTA's successor next week, the last step before the U.S.-Mexico-Canada Agreement can take effect and ensure continued stable flows of cross-border freight. Trudeau's government will introduce legislation to...