Trump’s Tariffs, New Railway Projects: The Week in Logistics

This week, Donald Trump’s return to the White House could lead to the introduction of steep tariffs, stricter border policies, and a controversial move to “reclaim” the Panama Canal, which could disrupt global commerce. Furthermore, his “America First” trade policy raises concerns about inflation and supply chain impacts. 

Meanwhile, SICT has awarded key contracts for major railway projects. Netradyne secured US$90 million in Series D funding to advance its AI-powered fleet safety solution, while MiKargo247 partnered with Falvey Insurance to expand global cargo coverage. 

Ready for more? Here is your Week in Logistics!

Trump’s Return: Tariff Agenda, Panama Canal, Border Policies

Donald Trump, sworn in as the 47th US President, has proposed steep tariffs, stricter border policies, and a controversial call to “reclaim” the Panama Canal. These measures are expected to strain trade relations, raise consumer costs, and disrupt global commerce.

Trump’s “America First” Tariffs Spark Global Economic Concerns

On his first day in office, President Donald Trump unveiled the “America First Trade Policy,” focusing on tariffs to reduce trade deficits, boost US industry, and address unfair trade practices. Plans include 25% tariffs on Mexican and Canadian imports and harsher measures against China and BRICS nations. Critics warn of inflation, supply chain disruptions, and harm to North American economies, while Mexico emphasizes dialogue and sovereignty.

SICT Awards Contracts for Key Studies for Major Railway Projects

The SICT announced study contracts for three railway projects: Queretaro-Irapuato, Saltillo-Nuevo Laredo, and Mexico-Queretaro. These studies will assess demand, social impact, and infrastructure needs to guide project development. Cal y Mayor Asociados secured contracts for Queretaro-Irapuato and Mexico-Queretaro, while Transconsult won the Saltillo-Nuevo Laredo bid. 

Public Transportation in Mexico Increases 4.1% in November 2024

Public transportation use in Mexico rose 4.1% in November 2024, with Queretaro leading growth at 71%. Mexico City Metro remained the busiest, serving 103.4 million passengers. Experts stress investing in public transit for sustainability and improved urban mobility.

Netradyne Raises US$90 Million to Advance AI-Powered Fleet Safety

Netradyne, an AI-powered fleet safety leader, raised US$90 million in Series D funding led by Point72 Private Investments, Qualcomm Ventures, and Pavilion Capital. The funds will support global expansion, R&D, and its Driver•i solution, which leverages AI to analyze driving behavior, enhance safety, and reduce operational risks. 

MiKargo247, Falvey Partner to Expand Global Cargo Coverage

MiKargo247 has partnered with Falvey Insurance Group to expand its cargo insurance offerings beyond trucking to include air, ocean, and cross-border transit. The partnership introduces higher policy limits, expanded commodity coverage, and streamlined processes for quick, flexible insurance solutions. This move aims to meet the evolving needs of motor carriers, freight brokers, forwarders, and shippers in the transportation and logistics industry.

TRAFFIX Opens Mexico Headquarters to Boost Cross-Border Logistics

TRAFFIX opens its Mexican headquarters in Guadalajara, enhancing its cross-border logistics services. The new office strengthens its presence in Mexico, leveraging local expertise to optimize operations, streamline routes, and better meet client needs across North America.