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https://www.freightwaves.com/news/daily-infographic-texas-highway-expansion-boon-for-trade-economy
The Federal Motor Carrier Safety Administration has shut down a Houston-based trucking company after declaring it an imminent hazard to public safety.
Adversity Transport was issued a federal out-of-service order on Jan. 25 forbidding the company to operate intrastate or interstate, after investigators uncovered a variety of safety violations.
“Adversity Transport’s complete and utter disregard for the [federal safety regulations] substantially increases the likelihood of serious injury or death...
https://www.freightwaves.com/news/fmcsa-shuts-down-adversity-transport-as-imminent-hazard
Pride Group Logistics has acquired Texas truckload carrier Arnold Transportation Systems in a deal that dramatically expands the Canadian company’s U.S. presence.
The acquisition, announced Tuesday, more than doubles the fleet of Mississauga, Ontario-based Pride Group to over 800 trucks.
“The acquisition of Arnold Transportation Services will allow us to expand our U.S. domestic
transportation offering to new and existing customers,” Aman Johal, vice president of Pride Group, said in a...
A powerful storm that wrecked havoc Monday in Nuevo Laredo, Mexico, has caused a freight slowdown at the commercial border crossing in Laredo, Texas.
“Due to last night’s storm, power on the Mexico side is out and affecting north and south bound traffic,” said Armando Taboada, assistant director of field operations at the Laredo Field Office of U.S. Customs and Border Protection (CBP) in an email to customs officials and media.
“Railroad operations at Laredo are on hold due to debris on rail...
https://www.freightwaves.com/news/laredo-commercial-crossing-slowed-by-storms-aftermath
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Descartes Datamyne report sheds light on USMCA impact; Germany’s Bosch to invest $100M in Mexico operations; Chinese auto parts maker begins construction of Mexico plant; and Kimberly-Clark de México acquires 65 trucks.
Descartes Datamyne report sheds light on USMCA impact
Implementation of the United States-Mexico-Canada Agreement (USMCA) largely took a back seat to...
https://s29755.pcdn.co/news/descartes-datamyne-report-sheds-light-on-usmca-impact
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: El Paso border crossing looks to rebound in 2021; logistics firm expands with Dallas shipping hub; Suddath acquires Texas-based Daryl Flood Inc.; and $2 million of meth hidden in shipment of rugs.
El Paso border commercial crossing looks to rebound in 2021
The coronavirus pandemic delivered a heavy hit last year to commercial trade at the United States-Mexico border...
Mexico is again the top trading partner of the United States, with two-way trade totaling $48.47 billion in February, according to data from the U.S. Census Bureau.
China had been the top U.S. trade partner for 10 consecutive months beginning last May.
In February, the nation’s top trade partners were:
— Mexico, $48.47 billion.
— Canada, $47.39 billion.
— China, $43.44 billion.
— Japan, $14.5 billion.
— Germany, $14.1 billion.
The U.S. exported $21 billion in goods to Mexico during February, and...
https://www.freightwaves.com/news/mexico-regains-status-as-no-1-us-trade-partner
Engage Construction Management and Consulting Inc. has been selected for the Canadian piece of a $1 billion infrastructure project connecting Mexico’s Pacific Coast to Winnipeg, Canada.
The United States-Mexico-Canada Agreement (USMCA) Corridor, also known as the Northern Corridor project or TMEC Corridor, is an infrastructure project aimed at allowing Mexico to integrate into the rail and logistics systems of Canada and the United States.
Mexico-based Caxxor Group, the project developer, said...
https://www.freightwaves.com/news/canadian-construction-firm-picked-for-mexico-canada-project
Nuvocargo, a New York-based cross-border digital logistics startup, has raised $12 million in Series A funding in a round co-led by QED Investors.
The 2-year old company will use the funds to ramp up its product road map and hiring, officials said. The FreightTech firm and licensed customs broker works with shippers to move cargo between the U.S. and Mexico.
“Nuvocargo will soon offer products and services that help truckers, small and medium-sized businesses (SMBs), and businesses across...
https://www.freightwaves.com/news/nuvocargo-raises-12m-in-series-a-funding