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President Trump has initiated another trade war with Mexico, this time tied to curbing illegal immigration. While experts say the initial impact on trucking will be minimal, the effects will become more dire with each passing month if the dispute is not resolved quickly.
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Truck and automobile components and parts manufacturers came out strongly against President Trump’s latest threat to impose a 5% tariff on Mexican imports, saying that it would only serve as an additional tax on the American people and put jobs and investment in the U.S. at risk.
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While it’s not leaving the Mexican market, U.S. Xpress announced it plans to exit its cross-border investment as part of its continuing program to improve its margins.
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Determined to ensure its customers can meet the challenges they face operating in Mexico, Daimler is working to help “influence them to turn into performance-seekers” who will "grasp the importance of becoming early adopters of technology.”
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The new trilateral free-trade deal announced on Sept. 30 is allowing North American trucking operations to breathe easy again.
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Trucks moved freight valued at $60.6 billion between the U.S. and its North American neighbors Canada and Mexico in January, up 10.2% compared to January 2017, according to newly released Transportation Department figures.
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Trucking posted the biggest loss of the five major transportation modes when it came to the value of U.S. freight moved between Canada and Mexico last year, according to new Transportation Department figures.
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Ryder System has opened a new logistics facility in Laredo, Texas, primarily to support cross-border shipments between the U.S. and Mexico.
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An increase in the price of crude oil is largely responsible for another jump in the value of freight moved between the U.S. and its two North American Free Trade Agreement partners, according to new U.S. Transportation Department figures.
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The value of freight moved between the U.S. and its North American Free Trade Agreement partners posted its 12th consecutive year-over-year increase in October, according to newly released Transportation Department figures.
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