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Supply chain

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Cross_border_1

Cross-border freight brokers not panicking yet about Mexico tariffs

"Cross-border freight brokers are not panicking over President Trump’s announcement of tariffs on Mexican exports into the United States – yet." - According to article in http://freightwaves.com and its author John Paul Hampstead Hampstead also wrote - "Last week the White House said that it would levy tariffs of 5 percent on all Mexican goods entering the U.S. – worth nearly $400 billion annually – beginning on June 10, with the duty increasing by another 5 percent every month through October.

freight rates

Conditions for small fleets deteriorating and it will get worse

"For the freight market, 2019 has been shaping up to as a tug of war between the bulls and the bears. The large enterprise carriers that rely heavily on committed business (commonly referred to as “contract business”) have been enjoying a decent year, while the small carriers that are heavily exposed to the transactional spot market have been faced with a very tough market". According to Craig Fuller, CEO at FreightWaves Fuller also wrote - "Meanwhile, spot rates have dropped like a rock. From t