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BORDER TROUBLES & FACILITIES * NAFTA: USA / Canada / Mexico
* Today, Difficult Crossing:
Washington,DC,USA -Traffic World, by John Gallagher & William B. Cassidy -13 Oct 2008: -- There's a lot more than freight crossing the U.S. border these days... The economic crisis that began in the U.S. housing market is spreading worldwide, without concern for international boundaries... From the U.S. Capitol to the Kremlin, governments around the world are frantically trying to avoid a global recession...
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* Now, the good news:
Expect less congestion and fewer delays for freight shipments bogged down at U.S. borders next year. But that's because with a sharp slowdown, if not an outright recession as many expect, there will be less freight crossing borders... Now, with foreign banks and national economies starting to mimic the distress being felt in the United States, carriers operating north and south of the border are concerned about a pullback in business... Kansas City Southern expects revenue growth in Mexico to be in the high single digits in 2008. The company ships everything from industrial wind towers to beer across the U.S.-Mexican border... No matter what effects an economic downturn has on cross-border trade, NAFTA will continue to be necessary for carriers and shippers to remain competitive in world markets... And shippers and carriers will continue to demand that vendors provide services that allow them to think faster in those trade lanes, Neoris's Carrasco says... Management Dynamics, a management consulting company with a growing crossborder logistics business, is attempting to do that... "We're seeing a tremendous boom in our business," said Ty Bordner, the company's vice president for solutions consulting...
Labels: trucking markets prognosis
posted by Unknown @ 2:56 PM
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