How USMCA will impact North American cross-border shipments

The U.S., Mexico, and Canada released text to modernize the North American Free Trade Agreement (NAFTA) on September 30, 2018. While many news outlets reported on the new agreement—including the fact that all three countries still must ratify the trade agreement, which is likely to occur in 2019—there hasn’t been much information about how the agreement is likely to change for freight. Here are the main differences they see at Transportfolio, which should provide significant optimism for those with cross-border shipments.