Borderlands Mexico: Texas-based customs broker expands cross-border footprint

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Texas-based customs broker expands cross-border footprint; Pennsylvania-based mushroom grower expands production into Mexico; Impilo expands distribution network with Phoenix warehouse; and TT Electronics opens factory along US-Mexico border. Texas-based customs broker expands cross-border footprint In 1991,…

Kuehne+Nagel operating profit cut 50% in 2023

Global logistics powerhouse Kuehne+Nagel suffered substantial revenue and profit erosion in 2023, including the final quarter, as excess air and ocean capacity combined with a post-COVID slow down in trade lowered rate levels, hurting bottom lines across the freight transportation sector. Executives said they are seeing some stabilization in demand , but don’t expect a…

Red sea disruptions among critical supply chain risks in 2024

By Glenn Riggs, Chief Strategy Officer of Odyssey Logistics The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. The continued fragility of the post-pandemic supply chain has been brought into high relief by recent disruptions. Perhaps most prominent in the public imagination:…

Lax oversight of trucking contractors plagues Postal Service

WASHINGTON — Lax oversight by the U.S. Postal Service of the trucking companies, brokers, and drivers it contracts could be contributing to accidents and deaths on the nation’s highways, based on the results of a new safety report. The audit, released on Friday by the Postal Service’s Office of Inspector General (OIG), was requested by…