Mexico–US trucking rates spike on B1 visa loss
US importers are scrambling to keep northbound freight from Mexico moving as temporary business visitor visa revocations cut deep into Mexico’s supply of cross-border truck drivers.
US importers are scrambling to keep northbound freight from Mexico moving as temporary business visitor visa revocations cut deep into Mexico’s supply of cross-border truck drivers.
The ability to customize port calls and aggressively manage capacity is translating into higher rates for MSC, while the Gemini Cooperation’s rates are below the market average despite its higher schedule reliability, according to rate benchmarking platform Xeneta.
The company is pushing to meet AI server demand by signing multiyear pacts to reduce lead times and improve backlog conversion, EVP and CFO Marie Myers said.
Heavy Weight Express can handle up to 6,000 pounds per shipment and targets shippers in multiple sectors, including automotive manufacturing and pharmaceuticals.
The automotive and technology manufacturer expects the 538,720-square-foot facility to be operational by the end of 2028, per a state filing.
The deal with long-time partner DP World is focused on five ports: Dakar (Senegal), Luanda (Angola), Dar es Salaam (Tanzania), Banana (Democratic Republic of Congo) and Maputo (Mozambique).
The reinstated rail service will likely support automakers, their suppliers, and other industrial manufacturing in the Southeast.
As the US retail diesel price moves above $6 per gallon, shippers face elevated risk of losing needed truck capacity in the fourth quarter, experts warn.
At a time when surging domestic intermodal demand is delivering sharply higher profits to its largest competitors, Hub Group expects to report an as-yet-undetermined first-half operating loss.
The 737,000-square-foot facility, slated to begin operations this month, features a goods-to-person fulfillment system to boost efficiency and employee safety.