The two major Mexican railroads have a stronger shot at convincing shippers to convert more of their cargo from roads and highways to the tracks, as one carrier increases its double-stacking capabilities and higher trucking rates make both of their intermodal services more competitive. (This article requires a subscription to the Journal of Commerce. To […]
The rise of e-commerce is rapidly changing the logistics industry, but is continuing to provide challenges that must be overcome. In the first session of the Air & Sea Cargo Americas conference on 1 November titled ‘Trade trends in the Americas’, SeaLand chief executive officer (CEO), Craig Mygatt; Estafeta international business manager, Diana Najera; UPS […]
Snowballing cross-border e-commerce and high levels of emergency shipments are driving up demand for air cargo, but some shippers’ intensifying need for speed to market is being threatened by limited capacity on planes in peak periods and at airport hubs. The industry’s busiest time of the year begins now, and shippers are scrambling for space […]
This might be the last record-breaking year for U.S. cash held overseas. A new report from Moody’s Investors Service Inc. expects offshore cash reserves to expand 8% to $1.4 trillion by the end of 2017. That’s nearly three-quarters of all cash projected to make it into U.S. non-financial company coffers by year end. The record-setting […]
The holiday season is always a pressure cooker for retailers, but this year promises to be more stressful than usual. With foot traffic dwindling and more consumers shopping online, brick-and-mortar chains are having to fight harder for customers. Many U.S. retailers also are laboring under a mountain of debt, turning the season into a high-stakes […]
Mexico is proposing to limit access to government contracts for U.S. firms in a sign that America’s NAFTA partners are willing to strike back against what they see as the hardline proposals by the Trump administration. Mexican negotiators are seeking to cap the value of procurement-tenders awarded to American companies to the same amount that […]
On a sunny afternoon in early November, several dozen software engineers and designers are anxiously preparing for a test flight of the EHang 184, a compact metal and glass pod outfitted with eight propellers. The self-steering, single-passenger craft could begin buzzing through the skies of Dubai as early as next year.
At the US-Mexican border, a long-term, costly imbalance in north- and southbound tractor-trailers threatens to slow cross-border supply chains just when higher freight volumes demand faster shipping. The imbalance hits shippers hard in the spring and early summer, the peak produce shipping season from Mexico, and in recent years it has been getting worse. The […]
According to a recent report by Bloomberg, American negotiators are advocating to remove Mexican long-haul trucks from the NAFTA Chapter on cross-border services. Under the current NAFTA agreement, the U.S. has long been restricting trade over the Mexican border. The 1994 protocol provision opened up the United States to Mexican long-haul truck transportation, which was […]
When the Department of Transportation (DOT) in early October asked for the public’s help with identifying regulations that should be repealed, replaced or suspended, it didn’t expect to be inundated by “bots.” Federal agencies are used to receiving large numbers of comments from people who are part of well-organized, grassroots write-in campaigns, but this time […]
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