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Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Shifting supply chains boost trade in California-Baja mega-region; Union Pacific opens expanded Phoenix intermodal terminal; Radiant Logistics expands air cargo operations in Texas; and avocado workers in Mexico file labor complaints. Shifting supply chains boost trade…
Chart of the Week: Logitics Mangers’ Index – Inventory Levels, Total Business Invetory to Sales Ratio – USA SONAR: LMI.INVL, TBIS.USA Inventories appear to have stabilized after years of volatility. The Logistics Managers’ Index (LMI) Inventory Levels component hovered in slight contraction territory last year while the Census Bureau’s Business Inventory to Sales (TBIS) fell into a…
The maritime industry is rapidly evolving due to technological advances and demand for efficient logistics, all crucial for global trade growth. Recently, documentation and fintech platform ODeX conducted a survey to assess the maritime industry’s views on digital documentation in ocean freight shipping. The survey aimed to understand challenges and adoption rates in digital platforms,…
The Federal Maritime Commission has imposed new billing standards on ocean carriers and terminal operators in an effort to crack down on abusive container late fees. The new requirements focus on demurrage — fees charged by carriers and container terminals when full containers have not been picked up by customers within a certain number of…