Plus: U.S. imports slow as tariffs bite, Mexico slaps 50% tariffs on Chinese goods, UP–NS defend their $85B merger amidst rival alliances, and more.
Union Pacific and Norfolk Southern say rival alliances prove their merger will strengthen competition, as CSX and CN tout new intermodal services linking Canada’s West Coast to Nashville.
Mexico plans tariffs of up to 50% on Chinese goods, reshaping North American trade flows as C.H. Robinson rolls out a new U.S.–Mexico consolidation service to cut costs.
Logistics property rents rose by 6% globally in 2023, with a significant 19% increase in Mexico, driven by nearshoring and demand.
In 2023, the logistics property sector enjoyed a robust 6% growth in global rents. This uptick, reported by Prologis, indicates a strong sector despite a rough economic climate.
Here are some focal points:
Source: Logistics Management | Prologis
U.S. warehouse vacancy rates hit 11-year high as trade uncertainty and shifting import patterns reshape logistics strategies
Margins are tight. Brokers are tired. But the smartest teams are winning by combining nearshore talent with AI-powered freight tools. This is where the freight margin lives.
Lineage will acquire and build cold-storage facilities in partnership with Tyson Foods, investing nearly $1 billion to streamline Tyson’s supply chain and expand cold-storage capacity nationwide.
In the latest episode of "The FreightCaviar Podcast", we sit down with Roberto Icaza, Co-Founder, President & COO at Rapido Solutions Group. He talks about doing cross-border business in Mexico, and shares advice for young people looking to find their path in life.
Join over 12K+ subscribers to get the latest freight news and entertainment directly in your inbox for free. Subscribe & be sure to check your inbox to confirm (and your spam folder just in case).
