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14
Oct
Texas Truck Inspections Ignite U.S. – Mexico Border Crisis
The operational landscape at the U.S.-Mexico border has been thrust into disarray due to an expansion of Texas’ truck inspection program. Initiated by the Texas Department of Public Safety (DPS), these inspections were initially aimed at identifying mechanical violations. However, […]
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12
Oct
Riding the Waves: Ocean Freight’s Uncertain Future
The ocean freight industry is currently experiencing a tumultuous period that is sending ripples through global trade and affecting economic landscapes from Asia to North America. After enjoying a pandemic-induced surge in business, shipping companies are now bracing for a […]
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09
Oct
Adapting to Change: How Parcel Carriers Navigate a Shifting Landscape Amid Declining Demand
Major parcel delivery services like United Parcel Service (UPS), FedEx, and the U.S. Postal Service are bucking their usual trend of raising prices during peak seasons. In a surprising move, these carriers are offering various discounts and other cost-saving measures […]
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03
Oct
Texas Truck Inspection Stall U.S.-Mexico Trade and Economy
In recent weeks, state-run cargo truck inspections initiated by Texas Governor Greg Abbott have significantly impacted trade flows between the United States and Mexico. Starting on September 20, these additional inspections were introduced as a measure to prevent drug smuggling, […]
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01
Oct
National Diesel Average Rises for the Ninth Consecutive Week
The national average price per gallon of diesel gasoline continues to head in one direction—up—with data issued today by the Department of Energy’s Energy Information Administration (EIA) pointing to the ninth week of consecutive gains. For the week of September […]
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19
Sep
California Enacts Pioneering Emissions Reporting Law
In a groundbreaking move, California is set to require major companies to disclose greenhouse gas emissions not only from their own operations but also throughout their supply chains. This comes as Senate Bill 253, the Climate Corporate Leadership and Accountability […]
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18
Sep
Low Rates, Poor Service To Mark Trans-Pacific Trade Amid Capacity Boom
Retailers and other importers will enjoy low freight rates into 2024 due to “an absolute explosion” of capacity entering the trans-Pacific trade in the coming months, but the price they pay will be a degradation in both service and schedule […]
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17
Sep
Borderlands: Mexico Remains Top US Trade Partner in July, Laredo No. 1 Gateway
The partnership between Mexico and the United States continues to solidify with Mexico being the top U.S. trade partner in July at $65.3 billion, a 0.24% year-over-year (y/y) increase. It was the seventh time in the past eight months Mexico […]
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16
Sep
American Manufacturing is Coming Back. So are Strikes
President Joe Biden’s $9.2 billion electric vehicle manufacturing loan to Ford seems like a perfect meld of American interests. Announced in June, the loan to the Michigan automaker and a South Korean battery manufacturer will spur the building of three […]
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10
Sep
Navigating UPS’s 2023 Rate Changes: A Detailed Look at New Fees and Surcharges
The 5.9% General Rate Increase (GRI) Starting December 26, 2023, UPS will enact a 5.9% GRI. This will impact UPS’s Ground, Air, and International services. The GRI is not a flat rate increase across all services; rather, it is an […]
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