🎣 TIA's Take: Transparency, Fraud, New DOT Leader
During a TIA-hosted media call, new TIA President and CEO Chris Burroughs unpacked what these changes could mean for brokers, carriers, and the broader supply chain.
As border towns like Laredo and McAllen rise in prominence, the U.S. freight industry stands at a pivotal junction, with opportunities and challenges awaiting.
Border towns, often viewed as mere pass-through locales, have experienced a dynamic transformation, emerging as critical linchpins in the U.S. freight landscape. As demand patterns transform, significant changes are underway:
Demand Surge: Border towns of Laredo and McAllen in Texas have witnessed their truckload demand nearly double since 2018. Their location facilitates seamless cross-border trade, supporting sectors like automotive, electronics, and agriculture. Phoenix follows suit, emerging as a burgeoning warehousing hub.
Infrastructure Investments: With increased demand, there's been notable investment in infrastructure—new roads, expanded warehousing facilities, and advanced customs checkpoints—all designed to enhance throughput and efficiency.
Diversified Supply Chain: Post-pandemic and amidst global trade tensions, companies have been keen on diversifying their supply chains to mitigate risks.
Labor Market Dynamics: With the rise in activity, border towns have seen job growth, especially in logistics, warehousing, and transportation sectors. This growth might spur socio-economic development in these regions.
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