Commodities and Futures News

Union Pacific informed Mexican border railroad crossings to be reopened

2023.12.22 16:31


© Reuters. FILE PHOTO: Stranded freight trains are seen at a railroad yard after U.S. authorities closed rail bridges in Eagle Pass and El Paso, Texas, in order to redirect personnel to stem a surge in migration, in Ciudad Juarez, Mexico December 20, 2023. REUTERS/D

(Reuters) – Union Pacific (NYSE:) said on Friday that it was informed by the authorities that railroad crossings in two Texas border towns would reopen this afternoon, nearly a week after U.S. border officials closed two rail bridges.

The U.S. Customs and Border Protection had announced a temporary suspension of operations at the international railway crossing bridges at El Paso and Eagle Pass to deal with an influx of migrants on the country’s southern border.

“We will work to restore normal operations as quickly as possible as we work through the five-day backlog of shipments at the border,” the railroad operator said in a statement.

On Wednesday, numerous prominent U.S. agricultural organizations and railroad companies appealed for reopening two rail crossings along the Texas-Mexico border.

The two railroad crossings are among the six available between the U.S. and Mexico.

Union Pacific estimated the economic impact to businesses from the closures at more than $200 million a day in goods, wages and transportation costs.

The U.S. Border Patrol apprehended about 10,800 migrants at the southwest border on Monday, according to an internal agency report reviewed by Reuters.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 103,263.67 0.08%
ethereum
Ethereum (ETH) $ 2,575.91 1.19%
xrp
XRP (XRP) $ 2.57 1.70%
tether
Tether (USDT) $ 1.00 0.00%
bnb
BNB (BNB) $ 652.89 0.18%
solana
Solana (SOL) $ 177.33 2.15%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.231736 2.19%
cardano
Cardano (ADA) $ 0.80755 1.14%
tron
TRON (TRX) $ 0.274385 3.04%
staked-ether
Lido Staked Ether (STETH) $ 2,579.21 1.61%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 103,191.65 0.21%
sui
Sui (SUI) $ 3.88 2.44%
chainlink
Chainlink (LINK) $ 16.89 1.02%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,091.09 1.06%
avalanche-2
Avalanche (AVAX) $ 25.34 2.76%
stellar
Stellar (XLM) $ 0.307371 0.47%
shiba-inu
Shiba Inu (SHIB) $ 0.000016 1.63%
hedera-hashgraph
Hedera (HBAR) $ 0.206656 1.28%
pi-network
Pi Network (PI) $ 1.21 8.72%
hyperliquid
Hyperliquid (HYPE) $ 25.38 1.80%
the-open-network
Toncoin (TON) $ 3.28 0.39%
leo-token
LEO Token (LEO) $ 8.80 2.10%
bitcoin-cash
Bitcoin Cash (BCH) $ 402.36 0.27%
polkadot
Polkadot (DOT) $ 5.01 0.17%
litecoin
Litecoin (LTC) $ 99.63 1.14%
weth
WETH (WETH) $ 2,575.43 1.74%
usds
USDS (USDS) $ 1.00 0.01%
monero
Monero (XMR) $ 341.44 0.42%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,745.31 1.36%
pepe
Pepe (PEPE) $ 0.000014 0.79%
bitget-token
Bitget Token (BGB) $ 4.72 0.14%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999603 0.68%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.08%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 103,291.67 0.28%
whitebit
WhiteBIT Coin (WBT) $ 30.19 0.28%
uniswap
Uniswap (UNI) $ 6.65 1.87%
bittensor
Bittensor (TAO) $ 450.65 0.49%
near
NEAR Protocol (NEAR) $ 3.07 1.27%
aptos
Aptos (APT) $ 5.82 1.01%
dai
Dai (DAI) $ 1.00 0.01%
aave
Aave (AAVE) $ 226.87 2.52%
ondo-finance
Ondo (ONDO) $ 1.07 5.38%
okb
OKB (OKB) $ 54.30 0.21%
kaspa
Kaspa (KAS) $ 0.121607 0.47%
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 212.84 2.17%
internet-computer
Internet Computer (ICP) $ 5.70 1.14%
ethereum-classic
Ethereum Classic (ETC) $ 19.88 0.76%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
tokenize-xchange
Tokenize Xchange (TKX) $ 36.46 5.07%