Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico records 692 commercial cargo thefts in April; VW cuts production in Mexico and Tennessee plants; ATRG acquires Texas trailer fleets; and CBP officers seize $5.5M worth of meth in Otay Mesa.
As Part of Trend to Target China, Sens. Brown and Portman Introduce Updates to U.S. Antidumping Duty/Countervailing Duty Laws sidley.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sidley.com Daily Mail and Mail on Sunday newspapers.
CFI consolidates operations center in South Texas Laredo facility will help with communication, coordination for intra-Mexico traffic 1,510 1 minute read In 2020, CFI Mexico handled more than 90,000 cross-border shipments, with an additional 19,500 LTL shipments within Mexico. (Photo: Jim Allen/FreightWaves)
CFI recently repurposed a facility in Laredo, Texas, that will serve as the sales, operations and administrative center for CFI Logistics services in and out of Mexico.
The Laredo facility will now be a shared facility between CFI Logistics and CFI Mexico, a service comprising CFI Logistica and CFI de Mexico. CFI de Mexico is headquartered in the World Trade Center in Guadalajara, Mexico.
Sarbanes-Oxley Act (Sarbox, SOX)
Purpose: Enacted in 2002, the Sarbanes-Oxley Act is designed to protect investors and the public by increasing the accuracy and reliability of corporate disclosures. It was enacted after the high-profile Enron and WorldCom financial scandals of the early 2000s. It is administered by the Securities and Exchange Commission, which publishes SOX rules and requirements defining audit requirements and the records businesses should store and for how long.
To whom it applies: US public company boards, management and public accounting firms.
Key points for CISOs: SOX places requirements around maintaining integrity and availability of financial data, and controls for who has access to that data. Specific rules need to be in place for: