North American trade disputes an opportunity for CPKC, CEO says

NEW YORK — Canadian Pacific Kansas City CEO Keith Creel looks at the uncertainty swirling around North American trade and sees opportunity.

CPKC (NASDAQ: CP) has a lot riding on the outcome of tariff spats involving the U.S., Canada and Mexico: The 2023 merger of Canadian Pacific and Kansas City Southern was a $30 billion bet on North American trade.

If tariffs ultimately make U.S. markets less attractive to companies based in Canada and Mexico, then those companies are going to look for new...

https://www.freightwaves.com/news/north-american-trade-disputes-an-opportunity-for-cpkc-ceo-says

Top 5 US-Mexico trade stories of 2024

In 2023, Mexico supplanted Canada and China as the top source of imports to the U.S. 

Throughout 2024, Mexico solidified its place as the top U.S. trading partner, boosted by cross-border commerce for automotive goods, computers, cell phones, oil and fresh produce.

While U.S.-Mexico cross-border trade continues to rise, other major stories include ongoing cargo theft against carriers and truck driver labor disputes in the country, as well as President-elect Donald Trump’s tariff plans.

As 2024...

https://www.freightwaves.com/news/top-5-us-mexico-trade-stories-of-2024

Borderlands Mexico: Cyberattacks rise in Mexico as cross-border trade grows

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Cyberattacks rise in Mexico as cross-border trade grows; California begins construction of second Otay Mesa border port of entry; Yamato Transport launches cross-border trucking service; and Buchanan Capital Partners acquires Texas logistics warehouse.

Cyberattacks rise in Mexico as cross-border trade grows

Mexico has seen a surge in cybercrime, including ransomware,...

https://www.freightwaves.com/news/borderlands-mexico-cyberattacks-rise-in-mexico-as-cross-border-trade-grows

Borderlands Mexico: Entrepreneurs, small business see value of investing in Mexico

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Entrepreneurs, small business see value of investing in Mexico; Automotive supplier plans third plant in Mexico; Cargo vessel makes first call at Port Houston; and $31M worth of meth found hidden in hot peppers shipment.

Entrepreneurs, small business see value of investing in Mexico

Business owners continue to see Mexico as a positive place to invest in manufacturing...

https://www.freightwaves.com/news/borderlands-mexico-entrepreneurs-small-business-see-value-of-investing-in-mexico

Protesters in Mexico resume blockade at Texas border bridge

For the second time in 24 hours, protests on the Mexico side of the World Trade Bridge are disrupting cross-border cargo traffic.

Demonstrators in Nuevo Laredo, Mexico, began blocking the roadway that connects the bridge to Laredo, Texas, around 1 p.m. on Wednesday.

All northbound cargo trucks from Mexico to the U.S. are being redirected to the Colombia Solidarity International Bridge, according to Laredo authorities. The Colombia Solidarity bridge is about 19 miles east of the World Trade Bridge.

https://www.freightwaves.com/news/protesters-in-mexico-resume-blockade-at-texas-border-bridge

Protest on Mexican side of World Trade Bridge halts northbound cargo traffic

A protest at the Mexico border has caused a major backup at the busiest cargo bridge in the U.S.

Around noon on Tuesday, protestors in Nuevo Laredo, Mexico, began blocking the roadway on the Mexico side of the World Trade Bridge that connects to Laredo, Texas.

All northbound cargo trucks carrying goods from Mexico to the U.S. are being blocked at the bridge, said Armando Taboada, assistant director of field operations at the Laredo Field Office.

“There is a protest in the city of Nuevo Laredo …...

https://www.freightwaves.com/news/protest-on-mexican-side-of-world-trade-bridge-halts-northbound-cargo-traffic

Borderlands Mexico: US-Mexico trade hit $74B in August, Port Laredo No. 1 again

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: 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.

US-Mexico trade hit $74B in August, Port Laredo No. 1 again

U.S.-Mexico trade totaled $73.77 billion in August, an increase of 4%...

https://www.freightwaves.com/news/borderlands-mexico-us-mexico-trade-hit-74b-in-august-port-laredo-no-1-again

South Texas ports of entry requiring cargo trucks to display QR codes

U.S. Customs and Border Protection has begun requiring trucks using international bridge crossings in South Texas to print and display the QR code of their cargo manifests on their windshields.

The QR code requirement is for cargo trucks arriving from Mexico using the eight ports of entry that are administered by the Laredo field office. Those include international bridges in Laredo, Brownsville, Eagle Pass, Hidalgo, Rio Grande City, Progreso and Roma.

Officials for CBP said the QR code...

https://www.freightwaves.com/news/south-texas-ports-of-entry-requiring-cargo-trucks-to-display-qr-codes

US-Mexico trade hits record $415B through first half of year

Mexico’s trade with the United States’ totaled $415.4 billion from January through June, the highest total ever recorded for the time period, according to the latest data from the Census Bureau.

Canada’s trade with the U.S. the first six months of the year totaled $382.6 billion, while U.S. trade with China totaled $269.2 billion.

For the month of June, Mexico’s trade with the U.S. totaled $69.93 billion, a 2.1% increase from the same month in 2023. It was the sixth consecutive month and 16th of...

https://www.freightwaves.com/news/us-mexico-trade-hits-record-415b-through-first-half-of-year

Laredo to require carriers using border bridge to have $100 in account

The city of Laredo, Texas, recently passed an ordinance requiring all trucking companies using the World Trade Bridge to have $100 minimum in their automated vehicle identification (AVI) accounts in order to pay crossing fees.

The ordinance, which was unanimously approved by the city council on July 22, is aimed at ferreting out commercial operators whose empty accounts have resulted in their being forced to turn around on the U.S. side of the international bridge, causing massive delays and...

https://www.freightwaves.com/news/laredo-to-require-carriers-using-border-bridge-to-have-100-in-account