Mexican police find $62M in drugs in abandoned truck near border

Mexican police found more than $62 million worth of narcotics hidden inside a tractor-trailer that was abandoned just south of the United States-Mexico border, according to the office of Juárez Mayor Armando Cabada.

The incident occured Saturday night when authorities in Juárez, Mexico, received an anonymous tip about an abandoned truck in a residential neighborhood.

Authorities found a flatbed tractor-trailer loaded with sacks of plaster mix. A drug-sniffing dog alerted the officers to the...

https://www.freightwaves.com/news/police-find-truck-with-60m-in-drugs

Texas border bridge closing commercial lanes for repairs

A key bridge along the United States-Mexico border in Texas will be closed to northbound truck traffic for two weeks to allow for upgrades on the Mexican side.

The closure of the Ysleta-Zaragoza International Bridge will take place from Dec. 24 to Jan. 3, affecting around 1,600 northbound trucks a day, said Sergio Madero, director of the Chihuahua International Bridge Trust, the agency that oversees the region’s bridges.

The Ysleta–Zaragoza International Bridge is an international crossing...

https://s29755.pcdn.co/news/texas-border-bridge-closing

El Paso market poster child for bullish US industrial outlook, CBRE says

To roughly paraphrase the classic 1959 tune by Marty Robbins: “Out in the west Texas town of El Paso, warehouse demand is high and so are the rents.”

Buoyed by the recently enacted U.S.-Mexico-Canada Agreement (USMCA) and by significant population growth that will support e-commerce activity, the Texas border city will experience a broadening of its manufacturing and logistics base at least through mid-decade, according to a report on the 2021 U.S. industrial property segment released Thursday...

https://s29755.pcdn.co/news/el-paso-market-poster-child-for-bullish-us-industrial-outlook-cbre-says

Borderlands: FedEx Logistics expands in El Paso; Stanley Black and Decker picks Mexico for new plant

FedEx Logistics adds Foreign Trade Zone in El Paso

FedEx Logistics is expanding its footprint of Foreign Trade Zones (FTZ) with a new location in El Paso, Texas.

The site is the latest FTZ facility to be opened by FedEx Logistics, adding to existing locations in Los Angeles, New York, Dallas and Chicago. FedEx Logistics is a subsidiary of Memphis, Tennessee-based FedEx Corp. (NYSE: FDX).

The new FTZ in El Paso will be used to streamline the transportation of international raw materials and...

https://s29755.pcdn.co/news/borderlands-fedex-logistics-expands-in-el-paso-texas-stanley-black-and-decker-picks-mexico-for-new-plant