Border Crossing Concerns
Economic and trade concerns were raised when in a recent Twitter post US President Donald Trump threatened a new wave of tariffs on Mexican goods.
In 2018, US trade with Mexico resulted in $671 billion, over 1/4 of the total trade done with/by the US in 2018.
Increased tariffs could stand to cause delays at the border as well as raise costs of goods.
Mind the Gap
The US Goods/Trade Gap has widened for a second month in a row, marking the highest deficit so far in 2019.
The 4.2% monthly decline in exports reflected broad-based drops across industrial supplies, capital goods, vehicles and consumer goods. A 2.7% decrease in imports was led by capital goods, vehicles and industrial supplies.
New Opportunities for Military Members
The FMCSA is launched a pilot program on June 3rd allowing a select number of individuals aged 18-20 to operate trucks in interstate commerce.
The program is designed to help military personnel with a CDL equivalent explore employment opportunities, while positively impacting the driver shortage.
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