Steven Hirsch

Cross-border operators discuss trends in 2021

The cross-border transportation and logistics industry faced unprecedented disruption in 2020 due to the COVID-19 pandemic, as well as changes brought on by the United States-Mexico-Canada Agreement (USMCA).

Following are some observations from brokers, trade analysts and freight-tech providers relating to cross-border operations moving into the new year.

Deepak Chhugani, founder and CEO of Nuvocargo: “Mexico is now the U.S.’ No. 1 trade partner. The China-U.S. trade war, as well as the COVID-19...

https://s29755.pcdn.co/news/cross-border-operators-discuss-trends-in-2021

China edges past Mexico as top US trade partner

China is again the top trading partner of the United States, with trade totaling $59.6 billion in October, according to data from the U.S. Census Bureau.

China’s total trade with the U.S. rose 25% in October compared to the same month a year ago, with imports from China increasing 14% and U.S. exports to China increasing 51%.

Mexico fell to No. 2, as its total trade with the U.S. rose a moderate 0.57% to $53.66 billion in October, compared to the same period in 2019. Canada was third with $48...

https://www.freightwaves.com/news/china-is-top-us-trade-partner