What Tariffs Are Doing to North American Freight

Odd Lots

Bloomberg

News, Investing, Business, News Commentary, Business News

4.4 • 1.6K Ratings

🗓️ 8 April 2025

⏱️ 22 minutes

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Summary

Amidst Trump's dramatic tariff moves, trade in North America remains uncertain. The USMCA hasn't been completely ripped up, but the region is anxiously anticipating a new trade regime. As such, shippers and carriers dealing with North American freight are in a state of limbo, waiting to see how it all shakes out. In this episode, we speak with experienced freight broker Matt Silver, now the CEO of Cargado, a company that sells logistics software to businesses dealing with US-Mexico trade. We talk about the strategies being used right now, what's changing, what truckers are doing, and how all players may adapt to the new reality.

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0:59.6	Bloomberg Audio Studios,s Radio News Hello and welcome to another episode of the Odd Lots podcast.
1:14.5	I'm Jill Wisenthall.
1:15.6	And I'm Tracy Allaway.
1:16.9	Tracy, we can't get enough of trying to understand the immediate impact that the new tariff
1:22.2	announcements are having, basically to like every business in the world.
1:25.3	But certainly any business that touches goods, but certainly any business that touches goods
1:28.3	and certainly any business that touches goods that at some point cross a border, which at some
1:33.2	point is all of them. I like the implication that we're just going to do episodes on every single
1:37.2	business in the world. That's what you're saying, right? Aren't we? Yeah, I think we are. I mean,
1:41.9	we're deep in the process of doing that already. So here's an episode with another business.
1:46.7	Well, so yesterday in our episode, our first of the multiple emergency tariff episodes, we're like, we just got to go down the list and talk to all the supply chain specialists that we talked to a few years ago over the last several years. And so we're just going to do that. And we have
2:01.5	another guest today who I think we talked to about a year ago, maybe a little less. We're going to
2:06.7	be speaking with Matt Silver. He is the co-founder and CEO of Cargado, which is a freight brokerage
2:13.5	that really specializes in U.S. Mexico lanes, North America, knows a lot about North America
2:20.0	trucking, cross-border trucking, et cetera. And given the world of tariffs, you know, suddenly things like
	...

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