crossborder freight

US crossborder freight stalled in November

For all the recent contentious talk of tariffs and trade, the dollar value of crossborder freight moving between the United States, Canada and Mexico in November was unchanged from the previous year.

Crossborder freight totaled $131 billion moved by all modes of transportation, unchanged from November 2023, according to the U.S. Bureau of Transportation Statistics (BTS).

Freight between the U.S. and Canada was valued at $61.8 billion, down 5.2% y/y. Freight moving between the U.S. and Mexico came...

https://www.freightwaves.com/news/us-crossborder-freight-stalled-in-november

CPKC, Americold plan to expand Mexico cold logistics

It’s turning into a cold world for U.S.-Mexico cross-border trade — but that’s a good thing for Canadian Pacific Kansas City.

The Calgary, Ontario-based railroad (NYSE: CP) announced an expansion of its strategic collaboration with temperature-controlled logistics Americold Realty Trust Inc. to formally explore co-development opportunities in Mexico for temperature-sensitive commodities moving between that country, the United States and Canada.

Headquartered in Atlanta, Americold (NYSE: COLD) and...

https://www.freightwaves.com/news/cpkc-americold-plan-to-expand-mexico-cold-logistics