texas

The Port of Brownsville recently received a key permit from the U.S. Army Corps of Engineers to deepen the 17-mile Brownsville Ship Channel. Dredging on the $350 million project could start in 2020. The U.S. Army Corps of Engineers (Corps) permit issued June 6 is the latest step in the port's...

Texas Governor Greg Abbott, a Republican, announced June 21 that he would send another 1,000 National Guard troops to the U.S.-Mexico border to aid the federal government with border security efforts. Abbott said the additional troops would serve a "short-term mission" assisting U.S. Department of...

The state of Texas has made it a criminal offense for anyone to steal mail, parcels and other correspondence, bringing state law enforcement power to bear on crimes that in the past were either considered a federal offense or treated by the state as general theft. The legislation, H.B. 37, was...

The McAllen Economic Development Corporation (EDC) recently worked with officials in the Mexican city of Reynosa to build two new maquiladoras (also known as maquilas), in addition to a major expansion of an existing one. The three maquiladoras — Indo-MIM Pvt from India, Delphi Technologies Plc (...

For the first time in its 168-year history, Port Laredo is No. 1. Laredo surpassed Los Angeles as the nation's busiest trade hub, including airports, seaports and international border crossings. Port Laredo did $20.09 billion in trade during the month of March (according to the latest Census...

FREIGHTWAVES' SONAR CHART OF THE WEEK (Dec 30 -Jan 5, 2019)  The relationship between east and west freight is apparent in 2018. (SONAR chart of DATVF.LAXDAL and DATVF.DALLAX) The Los Angeles market has been the catalyst for numerous freight market disruptions over the past two years...

One of the many things America does best is to rebuild itself to be bigger and better than it was before. Along the way, a small handful of companies will play a vital role in rebuilding the fourth-largest city in the U.S., which was taken offline by Hurricane Harvey, CNBC's Jim Cramer commented...

Oil prices are dropping and gasoline prices are rising because of Tropical Storm Harvey’s impact on Texas, when the two usually move in concert. Why the dramatic divergence? Harvey knocked out half the oil-refining capacity in Texas, which converts 30 percent of the nation’s crude, LPL...

California’s movement to secede from the nation, dubbed “Calexit,” is beginning to gain traction as it appears likely it will garner the half a million votes it needs to hit the gubernatorial ballot in 2018. Calexit Yes California Independence Campaign, a fringe political group,...

George Strait once crooned that all of his exes live in Texas. These days, some of short-sellers favorite targets in the banking space hail from the Lone Star State as bearish traders are betting the worst is not over for oil prices. For exchange traded funds investors, this is a potentially...

In a note to clients on Wednesday, Nishu Sood of Deutsche Bank stated that homebuilder investors shouldn't overly concern themselves about declining oil prices. Sood surveyed building and building products companies at a recent conference asking what lower oil prices means for their...

Master Limited Partnerships, or MLPs, have been a terrific asset class for investors looking for fat dividend yields. The shale oil and gas boom in the United States has been a significant catalyst for this sector in recent years, and the success of oil and gas pipeline MLPs appears to be a long...

Is another large corporation abandoning California for a better economic landscape elsewhere in the United States? Monday's Los Angeles Times reports Toyota (NYSE: TM) is expected to move its North American sales and marketing headquarters from Torrence, California to Dallas, Texas. Around 5,...

As Tesla (NASDAQ: TSLA) continued its march to open company-owned showrooms in as many states as possible, the real drama surrounded one question: Which state would get the company’s $5 billion Gigafactory for lithium ion batteries? According to Jalopnik, along with other sources including The...