Ford plans to invest $273M at Mexico plant to produce EV drive units

Ford Motor Co. says it will invest $273 million to convert its plant in Irapuato, Mexico, to the production of primary drive units for the company’s Mustang Mach-E electric vehicles. The plant in Irapuato previously produced transmissions for gasoline-powered vehicles. The switch to producing the primary drive units for the Mustang Mach-E includes manufacturing the…

White Paper: State of the Industry – September 2024

The September 2024 “State of the Industry Report” — presented in affiliation with Ryder — shares an in-depth overview across the trucking, maritime and intermodal markets, as well as what to expect in the coming weeks. The data contained within the report provides breakdowns of capacity, volumes and rates as we enter into the first…

Portland Terminal 6 aid “urgently” needed: Report

A maritime shipping coalition led by the Port of Portland is asking the state for money to keep Oregon’s only international container terminal running while it searches for a private operator for the money-losing facility. Calling container shipping through Terminal 6 “essential” to state businesses, the port and stakeholders on Aug. 23 presented a plan…

Market rises into Labor Day, but falls well short of Fourth of July

This week’s FreightWaves Supply Chain Pricing Power Index: 35 (Shippers) Last week’s FreightWaves Supply Chain Pricing Power Index: 35 (Shippers) Three-month FreightWaves Supply Chain Pricing Power Index Outlook: 35 (Shippers) The FreightWaves Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for…

Borderlands Mexico: Carrier says transition to zero emissions critical to better air quality

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Carrier says transition to zero emissions critical to better air quality; Texas waterway receives $357M loan to improve shipping channel; Sinoboom plans to build $150M factory in Guanajuato, Mexico; and Grupo Mexico Transportes set to acquire…