Cross-border train and truck freight shipments increased by 35% over the past five years. That's roughly 7% CAGR, and the trend is nowhere near its end. This upward trend is supported by a handful of strong factors, including the South America manufacturing boom and the emerging trade boom between Mexico and the U.S. The relocation of some segments of manufacturing back to the U.S. from overseas is a third factor, as China and the rest of Asia see their labor costs continue to surge to the double digits. This factor will fuel the U.S.-Mexico trade and transportation going forward, and we haven't even started to mention the spectacular surge in exports of natural gas from the U.S. to...
Pacer Offers Strong Long-Term Growth As It Strives To Boost Margins
Aug 27 2013, 09:06 | about: PACR
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