Green Corridors got the nod from the Trump Administration to build a $10 billion elevated freight corridor between Laredo, Texas and Monterrey, Mexico. The announcement came on June 20.

Why it matters: The 165-mile project will use autonomous shuttles with hybrid-electric motors, taking truck traffic off public roads and onto a dedicated viaduct system.

• The plan is to reduce congestion at border crossings, which cost both countries an estimated $2 billion in lost GDP back in 2019.
• Green Corridors says the system will move freight faster and help keep trucks out of crowded urban areas.
• Automated loading and unloading at new terminals will keep freight flowing.

Security and safety: The company claims the setup will help block human trafficking, drug smuggling, and other crimes at the southern border through better separation and monitoring of cargo.

Green Corridors expects the corridor will lower transportation costs and improve visibility for customers with a connected app, according to BusinessWire.

Construction is set to begin soon, but the specific opening date has not been shared.