Boosted by shipments of cars, computers, auto parts and commercial vehicles to the United States, Mexico was the top U.S. trade partner in May, at $73 billion, according to data from the Census Bureau.
It was the fifth consecutive month and 15th of the past 16 months Mexico has been No. 1 in trade with the U.S. The $73 billion trade total in May was a 6.3% increase from the same period in 2023.
Canada ranked No. 2 for trade with the U.S. in May at $66 billion, and China ranked third at $46.1...
Port Houston announced Wednesday that July was the biggest month ever recorded for container twenty-foot equivalent units, with 297,621 TEUs moved. That beat the previous record set in March by more than 73,000.
July saw a 27% increase in container TEUs year-over-year (YoY) and was the fifth month of 2021 recording double-digit growth in container TEUs compared to last year.
Consumers are spending at unprecedented levels, driving an increase in cargo across all commodities even as the global...
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Port Houston’s container activity in June surpassed the record level of twenty-foot equivalent units for the same month last year, despite a decline in steel and auto volumes.
Total June container volume was 292,627 TEUs, a 39% increase compared to the same month in 2020.
Import container volume in June increased 46% to 151,676 TEUs compared to 103,905 TEUs last year. Export container volume increased 32% year-over-year to 140,951 TEUs.
Total bulk cargo tonnage in June was up 15% year-over-year to...
https://www.freightwaves.com/news/port-houstons-june-container-volume-jumps-39-year-over-year
Provisions in the United States-Mexico-Canada Agreement (USMCA) meant to weed out unqualified trucking companies south of the border were highlighted today by small-business trucking companies as the trade pact goes into force.
“The USMCA creates a thorough review process to identify and remove Mexico-based carriers and operators that pose material economic harm to American truckers,” commented Todd Spencer, president of the Owner-Operator Independent Trucking Association (OOIDA). “This means...
https://s29755.pcdn.co/news/owner-operators-flag-usmcas-scrutiny-of-mexican-cross-border-trucking