Cross-Border Freight: Booming but Risky

Cross-border freight between the US and Mexico is booming, but security risks are escalating. Trade volumes are surging due to global events, but challenges like cargo theft, infrastructure gaps, and complex compliance rules are making things difficult for shippers. The liability laws in Mexico pose a significant risk, with carriers only responsible for a fraction of the actual value of a load. Cargo theft is becoming more sophisticated, with criminal organizations using fake military checkpoints and violence. Despite these challenges, the trade relationship remains strong, with new investments and logistics hubs being built.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.