This week in Borderlands: Averitt completes major facilities expansion in San Antonio; Bennett Family of Companies opens new facility in Texas; Aerospace manufacturer completes $28M expansion in Mexico; and Mode Global acquires freight brokerage division of Jillamy.
Stakeholders from across the supply chain discussed strategies and opportunities at the third annual Houston International Maritime Conference.
Trimble Inc. said its transportation segment performed well during the most recent quarter, with revenue increasing 1.4% to $195 million.
GXO Logistics Inc. sees an upward trend in the global freight market in 2025, boosted by e-commerce.
GXO achieved 28% revenue growth in the third quarter to a quarterly record of $3.16 billion, boosted by new e-commerce customers.
The Alabama Port Authority has begun the fourth phase of its $104 million container terminal expansion project at the Port of Mobile.
Supply chains will see direct effects regardless of the outcome of the presidential race. But what specific impacts on the freight industry are likely under a Harris versus a Trump administration?
This week in Borderlands: Major expansion project announced for Port of Progreso; Kawasaki Motors inaugurates $200M plant in Mexico; Logistics provider Veho expands into Texas; and Videndum moves into Phoenix logistics location.
China’s territorial ambitions in the South China Sea could disrupt global trade lanes and possibly lead to armed conflicts involving the U.S.
E-commerce giant Amazon.com Inc.’s North American sales increased 9% year over year to $95.5 billion in the third quarter.
Hub Group reported year-over-year revenue decreases in its intermodal and logistics segments during the third quarter.
Ports in Houston and Corpus Christi posted modest gains in freight movements during September, while the Port of New Orleans saw mixed results.
This week in Borderlands: Truck driver salaries in Mexico averaging $423 a month in 2024; Horizon Auto Logistics opens office in Veracruz, Mexico; LG Electronics opens $60M plant in Central Mexico; and Texas bridge project receives $80 million in federal funding.
Universal Logistics Holdings officials said they expect operating revenues of $1.8 billion to $1.9 billion in 2025.
Universal Logistics Holdings’ third-quarter financial results show year-over-year decreases in its trucking, brokerage and intermodal segments.
Covenant Logistics Group reports truckload revenue of $198 million in the third-quarter, despite a soft freight market.
Tesla plans to ramp up full production of its all-electric Class 8 Semi truck in 2026.
Covenant Logistics Group reported 2% quarterly growth in freight revenue, “despite the prolonged general freight market down cycle,” Chairman and CEO David R. Parker said.
Uber Freight is expanding international operations with a new customs-focused office in Nuevo Laredo, Mexico.
This week in Borderlands: Port of Corpus Christi becomes global crude oil supplier; Port of Brownsville secures $43M loan for ship channel expansion; US Lumber Brokers acquires Texas distribution center; and Holt Truck Centers expands across Texas with acquisition.
Federal officials’ proposal to ban cargo trucks from a Texas border bridge has drawn criticism from the trade community.
A Florida-based truck driver has been found guilty of murdering his co-driver during a cross-country trip in March 2022.
This week in Borderlands: US-Mexico trade hit $74B in August, Port Laredo No. 1 again; Imperative Logistics Group acquires freight forwarder Jamco; Gebruder Weiss partners with Mexico load board Cargado; and Avery Dennison opens $100M facility in Queretaro, Mexico.
Nine Florida ports and one in Georgia remained closed Thursday in the wake of devastation caused by Hurricane Milton.
The stress on Florida’s fuel supply chain is rapidly intensifying as Hurricane Milton closes in on the state’s central-west coast.
Over 600 layoffs hit freight-related companies in California, Illinois and New York, with the businesses citing loss of customers and an acquisition as reasons for the cuts.
This week in Borderlands: Gulf Coast ports slam US tariffs on Chinese container cranes; Volkswagen inaugurates $114M Gulf Coast shipping hub in Texas; Southeastern Freight Line launches direct route to New Mexico; and Warehouse On Wheels opens location in Mexico.
Flexport, a global supply chain solutions provider, is reducing its headcount by 2% as part of a reorganization aimed at helping the company drive profitability.
Reports of panic-buying at supermarkets began spreading across social media Tuesday as a union dockworker strike got underway at East and Gulf Coast ports.
Container flows in August surged in Houston and New Orleans, while global demand for crude oil continued to push exports through Corpus Christi, Texas.
Global supply chain security could tighten dramatically after Hezbollah pagers and walkie-talkies were turned into miniature bombs.
This week in Borderlands: crime, labor top concerns about nearshoring in Mexico; cargo rail theft up 119% across Mexico in July; Texas trucking company owner sentenced for Mexico-to-Chicago drug pipeline; and industrial equipment maker opens factory in Juarez, Mexico.
A truck carrying lithium-ion batteries overturned and caught fire Thursday near the ports of Los Angeles and Long Beach.
While a potential East and Gulf Coast port strike likely won’t hamper the holiday shopping season, industries such as automotive and food and beverage could be negatively affected, a transportation lawyer says.
Presidential nominee Donald Trump calls for 200% tariffs on John Deere tractors if the company moves more jobs to Mexico.
Cargado CEO and cofounder Matt Silver announced Monday a first-of-its-kind invite-only load board for cross-border Mexico freight.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Organized crime groups fuel cargo theft surge in Mexico; Outpost expands […]
Trimble’s 2024 Insight Tech Conference + Expo in Las Vegas drew more than 1,500 attendees from across the transportation industry.
Paxafe’s Ilya Preston discussed reducing food waste, cutting emissions and more during the keynote discussion at FreightWaves’ Net Zero Carbon Summit on Wednesday.
A severe storm on Saturday night forced authorities to temporarily close the busiest U.S.-Mexico commercial trade bridge in Laredo, Texas.
This week in Borderlands: Texas truckers taking labor protest to the Big Apple; Exports of Mexico-built cargo trucks rise in August; Mexico’s largest bank opens office in Houston dedicated to nearshoring; and Stonepeak acquires 1.1 million -square-foot logistics property in Texas.
A potential longshoremen strike could severely hamper operations at ports in Savannah, Georgia, and Wilmington, North Carolina, that have nonunion as well as union workers, experts say.
U.S. retailers and manufacturers are taking steps to mitigate a potentially multibillion-dollar hit if the International Longshoremen’s Association goes on strike at the beginning of October.
Aifleet raised $16.6 million to help the company grow its operations and help truck drivers optimize their time.
This week in Borderlands: Wiliot chatbot would like a word about food supply chain safety; Maersk opens logistics warehouse in El Paso; Stotland Trucking expands operations in Texas; and Continental Tire plans $87M Fort Worth production facility.
The Port of Los Angeles edged out Laredo, Texas, as the No. 1 U.S. trade gateway in July, while Mexico was the top U.S. trade partner for the month.
Less-than-truckload booking platform MyCarrier announced Wednesday it has acquired supply chain payments platform Curant.
Ford plans to invest $273 million at its plant in Irapuato, Mexico, to produce EV drive units for the Mustang Mach-E.
This week in Borderlands: Carrier says transition to zero emissions critical to better air quality; Texas waterway receives $357M loan to improve shipping channel; Sinoboom plans to build $150M factory in Guanajuato, Mexico; and Grupo Mexico Transportes set to acquire Mobile-based CG Railway.
FreightWaves’ State of Freight webinar suggests U.S. consumers could help boost the freight marketplace during the holidays.
Experts explore the strength and challenges of growing trade between the U.S., Mexico and Canada during a panel discussion Wednesday in San Antonio, Texas.
Canada is launching a 100% tariff on imports of electric vehicles made in China, citing unfair competition that it says threatens the global EV market.
Mexico registered a record $31 billion in foreign direct investment in the first half of the year.
Ports in Houston and New Orleans recorded slight drops in container movements in July, while shipments of crude oil bolstered freight flows at the Port of Corpus Christi, Texas.
The Panama Canal Authority said the severe drought that affected operations over the past 12 months has shown officials they need to be more customer-oriented.
This week in Borderlands: Truck cargo theft up as thieves grow more violent, savvy; Chinese manufacturer to build $100M factory near Houston, create 100 jobs; 236,000-square-foot transload facility planned for Laredo, Texas; and Continental begins construction of $90M plant in Mexico.
Trucking industry and logistics leaders said the lockout by Canada’s two largest railroads Thursday could create capacity crunches and rate spikes across the freight industry.
China-based companies continue to ship more goods to the U.S. through countries like Thailand and Mexico to circumvent steep tariffs, say U.S. manufacturers and lawmakers.
This week in Borderlands: $44 million expansion begins at Pharr international bridge; China-based tire maker to build $500 million factory in northern Mexico; RK Logistics acquires warehouse in Arizona to support clients; and new distribution and logistics center planned for Austin, Texas.
U.S. Customs and Border Protection has begun requiring trucks using ports of entry in South Texas to display the QR code of their cargo manifests on windshields.
Dick’s Sporting Goods plans to build an 800,000-square-foot distribution hub in Texas to support the company’s growth in the region.
The decision to liquidate trucking giant Pride Group could have ripple effects across the trucking industry, an industry observer says.
Mexico accounted for a record $415 billion in U.S. trade through the first six months of 2024.
This week in Borderlands: Laredo summit highlights critical trade issues around security, transportation; BSH Home Appliances launches $240M factory in Monterrey; $132M inland port planned for Celaya, Mexico; and Green Worldwide Shipping opens branch in South Texas.
Fleet fuel card provider Corpay said its North American fleet business “presented a drag on growth” during the second quarter.
Digital freight forwarder Flexport has appointed Trine Nielsen as global head of ocean freight.
GXO Logistics’ second-quarter revenue surged 19% year over year to $2.8 billion.
Freight-related companies in California, Georgia, Illinois, New York and Texas are laying off a total of 1,234 employees.
This week in Borderlands: Surging cross-border flows a boon for operators like DHL; Cargo rail theft up 99% across Mexico in May; Australian clothing retailer selects Cart.com as US fulfillment partner; and Venture Solutions opens logistics warehouse in Laredo, Texas.
Transportation provider Hub Group sees Q2 revenue fall 5% year over year to $986 million.
The city of Laredo, Texas, is requiring that all trucking operators using the World Trade Bridge have a $100 minimum in their automated vehicle identification accounts to pay crossing fees.
Schneider National saw positive indicators in the second quarter as the company reported revenue of $1.31 billion.
The Zim Kingston ship fire in 2021 shows Canada isn’t adequately prepared for marine emergencies, according to the Transportation Safety Board of Canada.
U.S. officials announced a delay on the start of new tariff increases on Chinese imports, including a 25% tariff on China-made ship-to-shore cranes.
Port Houston saw a surge in container exports in June, while crude oil exports rose at the Port of Corpus Christi.
This week in Borderlands: Werner marks 25 years of operations in Mexico; Diehl Aviation investing $49 million to build factory in Mexico; TCA adds Olympic Transport as first Mexican carrier member; and South Texas getting new cold storage warehouse near border.
Universal Logistics Holdings saw increases in second-quarter top-line revenue, along with gains in its trucking and contract logistics segments.
Companies across the freight industry have announced another wave of layoffs, with over 600 workers in four states losing their jobs.
Covenant Logistics Group sees improvement in the overall freight market but not enough for a 2024 recovery.
Covenant Logistics Group posts second-quarter revenue of $287.5 million and adjusted earnings of $1.04 cents per share.
Tesla has paused plans for a factory in Mexico amid a 43% drop in second-quarter profit.
China-based Windrose Technology plans to open a factory in Georgia where the company will produce an electric semi-truck.
This week in Borderlands: Bridge49 alliance wants nearshoring to go high-tech; Ocean Network Express unveils new Asia-Mexico service; new tractor-trailer parking facility opens in Phoenix; and rail facility along Houston Ship Channel opens for tenants.
FreightWaves’ State of Freight webinar suggests we’ll see more trucking companies leave the market in 2024, creating more equilibrium between shippers and carriers.
Harman Cheema, president and CEO of Cheema Freightlines, discussed trends and forecasts in the freight industry during FreightWaves’ Enterprise Fleet Summit.
Mexico remained the top trading partner for the U.S. in May, at $73 billion.
Mexico truckers averaged about five cargo truck thefts per day across the country’s roadways in June.
This week in Borderlands: Ambitious billion-dollar Tehuantepec rail corridor aims to grab more international trade; GrubMarket acquires Houston-based foodservice distributor; Production of Mexican-built cargo trucks rise in June; and Metrobi launches delivery service in Dallas.
Freight-related companies in California, Florida, Ohio and Texas are laying off a total of 218 employees.
Frances Hall has pleaded no contest to charges she was part of a multimillion dollar fraud scheme while she was co-owner of Bill Hall Jr. Trucking.
Authorities in the United States and Mexico announced 25% tariffs on foreign-made steel from China and other countries routed through Mexico.
Ports in Houston and Galveston remain closed Tuesday in the aftermath of Hurricane Beryl.
Ports along the Texas Gulf Coast remained closed as Hurricane Beryl moved through the area Monday.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: California’s electric truck mandate could affect Mexican transporters; Mexico’s Isthmus of […]
Ports prepare for Hurricane Beryl’s impact as the storm moves through Mexico and toward South Texas.
Ongoing attacks on vessels in the Red Sea by Yemen’s Houthis continue to disrupt shipping lanes in the chemical industry’s supply chain.
Strategic cargo theft from organized crime rings wreaked havoc on brokers and carriers in the first quarter of 2024.
Mexico is dropping its plan to ban imports of genetically modified yellow corn from the U.S., officials say.
US, Mexican truckers unite for a protest caravan in West Texas to highlight low wages, poor working conditions in both countries.
This week in Borderlands: ImportYeti launches tool to help brands source Mexico-made goods; Pharr bridge construction expansion project set to begin in August; Hammond Power Solutions opens fourth plant in Mexico; and United Kingdom-based logistics company opens Dallas office.