Borderlands is a weekly rundown of developments in the world of U.S.-Mexico cross-border trucking and trade. This week: Truck driver salaries in Mexico averaged $4,400 in 2023; Phillips Industries opens a new plant in Mexico; Arcadia Cold Storage firm eyes Southwest distribution market; and Fr8Tech launches freight matching for LTL services in Mexico. Truck driver…
Everything is bigger in Texas, and that includes logistics real estate. The Dallas/Fort Worth (DFW) logistics real estate market hit an all-time record of 81.4 million square feet under construction during the fourth quarter, a 43.1% increase year over year, according to data from Cushman & Wakefield (NYSE: CWK), a leading real estate services firm….
A law firm specializing in stockholder rights is filing a class-action lawsuit against Norfolk Southern for pursuing precision scheduled railroading (PSR) and making operational adjustments such as longer trains and head count reductions. The fallout from the Feb. 3 derailment of an NS train in East Palestine, Ohio, has also led to falling stock prices…
Two congressional representatives from Ohio have introduced their own rail safety bill that excludes a train crew size requirement. The bill, Reducing Accidents in Locomotives Act, or RAIL Act, calls for the promulgation of new rules that are based off of the findings of the National Transportation Safety Board’s investigation of the Feb. 3 derailment…
WASHINGTON — A new rule requiring ocean carriers to refund importers and exporters for illegal overcharges and potentially for other violations of the U.S. Shipping Act will go into effect next month. The changes, set out in a final rule scheduled to be published by the Federal Maritime Commission on Monday, are in the form…