A robust, proactive, and responsive security system is essential to reduce cargo theft risks effectively. Leading the charge in these solutions is remote live video monitoring. Learn more here.
In the latest episode of "The Freight Caviar Podcast", we sit down with Danny Frisco, CEO & Co-Founder at Rapido Solutions Group. He discusses the advantages and disadvantages of outsourcing and Rapido's future growth plans.
Plus, an EV maker partners with Ryder to test a hybrid diesel system, HappyRobot releases an AI update for brokers, and load board traffic declines over the past 3 months.
Amid a complex humanitarian crisis at the U.S.-Mexico border, Union Pacific has raised an urgent call to reopen Eagle Pass and El Paso crossings. These closures are not just disrupting Union Pacific's operations but threatening broader economic consequences, including:
45% of Union Pacific's cross-border business halted.
Over 4,500 rail cars with goods in limbo daily.
The railroad giant leverages its own security measures to ensure safe transport, yet finds itself embroiled in a situation with no immediate resolution. With the festive season at hand, the pressure mounts to prevent congestion and facilitate the resumption of trade.
In tandem, border closures are igniting a political and economic storm, with potential losses amounting to billions. Eagle Pass and El Paso are crucial trade arteries, responsible for:
$33.95 billion in annual trade.
36% of all U.S.-Mexico cross-border rail traffic.
The implications of sustained disruptions are dire, extending beyond logistics firms to hit local businesses and fueling a surge in essential goods prices. A full shutdown could spell disaster, disrupting food and fuel chains, causing shortages, and potentially triggering further migration due to economic instability.
As geopolitical conflicts and policy deadlocks continue to drive unprecedented numbers of migrants to the border, the stakes for businesses, economies, and everyday lives could not be higher. Solutions must balance humanitarian concerns with the need to keep trade flowing and economies thriving.
Hi! I'm Adriana and I've been working for FreightCaviar as Head Writer for a little over a year now. Some of my favorite topics to cover are FreightTech, Green Freight, and nearshoring/reshoring.
9,000 railway workers locked out in Canada, risking $250M daily losses. Government orders arbitration to end dispute and restart crucial supply chains.
Northbound truck crossings from Mexico to US hit 1.97 million in Q2 2024, up 21% from 2018. Here are some stats, trends, and implications for cross-border trade from a supply chain expert.
Mexico outpaces China in US trade, hitting $415B in first half of 2024. Laredo, TX remains top gateway as nearshoring trends reshape global supply chains.
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