Cross-border truckers are finally seeing a jump in freight as the first holiday rush of the season gets started.
The details: Mexico's Northwest Freight Transporters Association says cross-border deliveries dropped 40% this year due to tariffs and new government rules. Now, freight moving across the border is up 15% this October.
- Freight rates are picking up, especially in some factories and plants getting ready for the holidays.
- Even with this surge, things are still behind compared to past years, and trucking companies continue facing problems from new rules.
What they're saying: "This is the final stretch and we’re seeing a slight spike in some industrial sectors. We have seen some drastic drops in business projections and losses of employment in our industry," said association VP Israel Delgado Vallejo.
Truckers are also facing more pressure on English language requirements for CDL drivers in the U.S., which industry leaders say makes it harder to keep drivers on the job, according to ABC27.
The holiday surge is offering some relief, but most in the industry say it’s not enough yet after a tough year for cross-border freight.