Commerce Express Weekly Road Map:
December 3rd, 2024
Keeping you informed on the latest news/insights in our industry.
Infrastructure Expansions in Mexico Expected to Help Cross-Border Trade
Anzalduas International Bridge –
The expansion of the Anzalduas International Bridge is set to be completed in the coming months, with a major boost expected for cross-border trade.
The expansion will add two new lanes to the Anzalduas International Bridge—one for northbound and one for southbound commercial trucks traveling to and from Mexico, along with the necessary facilities for an international port. According to Freightwaves, once the new lanes are completed, the bridge is expected to handle between 1,200 and 2,000 trucks daily. However, Juan Olaguibel noted in an interview with Freightwaves that the bridge will not accommodate trucks carrying produce. Instead, it will focus on dry van trucks transporting goods such as auto parts, electronics, medical supplies, etc.
Port of Manzanillo – Officials in Mexico have unveiled a project to develop the Port of Manzanillo into a key global container shipping hub. This project will increase the Port’s capacity from 3.9 million to 10 million TEUs and expand its area from 1,112 acres to 4,448 acres, Freightwaves reports. With this expansion, the Bay of Cuyutlan will be deepened to 59 feet to accommodate larger container ships. Construction started in late November and is expected to finish by 2030.
Commerce Express handles cross-border shipments and beyond – Our team ensures compliance with regulations, streamlining documentation, tariffs, and clearance procedures for efficient shipments. Our team has a deep understanding of the requirements needed and we offer reliable, timely service to keep your shipments moving smoothly while meeting all regulatory standards.
Partner with Commerce Express today for seamless, compliant, and efficient cross-border shipments. Let us handle the details so you can focus on growth!
Commerce Blog
Small to medium-sized businesses typically don’t hold formal bids over annual cycles on their projected transportation requirements. However, this doesn’t mean they should blindly award freight to whatever the carrier is the flavor of the week. They need to ensure, beforehand, their freight needs are covered by well-vetted and qualified service providers. The following are some ideas on what should guide conversations between these types of shippers and their prospective transportation providers.
While most New Years’ resolutions begin Jan. 1, if shippers are serious about starting the new year with reliable and trusted service providers, the process should begin well-before the calendar flips over.
For a strategy which encompasses the topics above to be effective, comprehensive discussion with a trusted service provider is required beforehand.
Diesel Update: The average price of diesel increased 0.001 cents a gallon, putting the average price of diesel at $3.540 a gallon, according to the U.S. EIA.
Starting in the new year, several states will implement fuel tax increases, including Minnesota, Florida, and Utah. According to Transport Topics, Minnesota’s state motor fuel tax will rise by nearly 12%, reaching 31.8 cents per gallon for diesel, gasoline, biodiesel, and other fuels. In Florida, the state diesel tax will increase to 21.5 cents per gallon, while county tax rates will rise to 17 cents per gallon. Meanwhile, Utah will see a 2-cent increase in fuel taxes for both gasoline and diesel, bringing the total to 38.5 cents per gallon.
Port of Montreal Labor Talks: In a mutually agreed upon decision, both the MEA (employers) and the CUPE 373 Union have decided to enter a mediation process for a timeframe of 90 days. In a joint release, both parties stated they will not be making any public statements throughout mediation.
Operations have since resumed at the port after the work stoppage.
Weather: With Interstate 40 still closed through the Pigeon River Gorge following Hurricane Helene, it has posed significant challenges for tractor-trailer drivers traveling between North Carolina and Tennessee, per Transport Topics. Officials from both states are urging drivers to stick to approved truck routes and avoid relying solely on their GPS navigation systems. This is due to drivers mistakenly ending up on narrow two-lane mountain roads, where they sometimes get stuck.
As we mentioned in previous editions of Road Map, Interstate 40 is expected to partially reopen through Pigeon River Gorge around January 4th, 2025.
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