by Okan Gurbuz For many travelers, a delay at the border is measured in minutes. For others — including manufacturers waiting on parts, commercial motor vehicles (CMVs) moving time-sensitive goods or communities dependent on cross-border trade — those same delays carry a much higher cost.
by Erik Vargas and Okan Gurbuz
In its 2020 Texas Statewide Truck Parking Study, the Texas Department of Transportation noted that trucks carrying 1.2 billion tons of freight worth $1.7 trillion each year in the Lone Star State. That means 140,000 trucks must park somewhere in the state every day for drivers to rest and sleep. Noted in the study, truck volume is expected to grow by some 80 percent by 2040, making today’s shortage of truck parking facilities a crisis down the road.
This research assessed the implications of the US-Mexico-Canada Agreement (USMCA) on energy trade between the United States and Mexico, as well as cross-border movements. Phase 1 presents a literature review to assess policy changes that could impact the energy trade between the two countries, collected the relevant data and developed a framework for scenario planning.
This report presents a model capable of forecasting future commodity trading between the United States and Mexico based on the historical import and export data. The incorporation of these forecasts into the U.S.-Mexico Border Freight Traffic Trends yearly report will benefit transportation and trade agencies, as well as the private sector, by providing a better…
