Transfer bonuses can offer lucrative opportunities to help you maximize your points and miles and work your way toward fantastic award redemptions. You can sometimes get significantly more value from your rewards by transferring them to an airline or hotel partner during one of these bonus periods.Remember, though, that these are limited-time offers: You’ll need to act fast if you find one that suits your travel plans.We’ve compiled transfer bonus updates for most major programs with transferable rewards to make it easier to track these offers. Just note that transfer bonuses are sometimes targeted, so some may not be available to you.Active credit card transfer bonusesWe’re currently seeing these transfer bonuses:Transfer fromTransfer toBonus details End dateTransfer ratioAmerican Express Membership RewardsBritish Airways Club, Iberia Club or Aer Lingus AerClub30%Sept. 271,000 points equals 1,300 AviosCapital One milesAvianca Lifemiles15%Aug. 311,000 miles equals 1,150 milesChase Ultimate RewardsIHG One Rewards70%Aug. 311,000 points equals 1,700 pointsChase Ultimate RewardsAir Canada Aeroplan20%Sept. 301,000 points equals 1,200 pointsCiti ThankYou RewardsAir France-KLM Flying Blue20%Aug. 221,000 points equals 1,200 miles if you have a Citi card that unlocks the full transfer ratio (1,000 points equals 840 miles with other cards)Citi ThankYou RewardsTurkish Miles&Smiles40%Aug. 311,000 points equals 1,400 miles if you have a Citi card that unlocks the full transfer ratio (1,000 points equals 980 miles with other cards)American Express Membership Rewards, Bilt, Capital One miles, Citi ThankYou Rewards, Marriott Bonvoy and Wells Fargo RewardsCathay Pacific’s Cathay loyalty program10%Aug. 28Varies depending on which points or miles you transferAmerican Express Membership Rewards transfer bonusesAmerican Express Membership Rewards is offering a 30% bonus to British Airways Club, Iberia Club and Aer Lingus AerClub through Sept. 27. All three of these programs use the same loyalty currency (Avios), and you can transfer Avios between the programs in any direction at a 1:1 rate at no cost.How to earn American Express Membership Rewards pointsIf you’re looking to earn more of these valuable points, the following American Express cards could prove useful additions to your wallet:American Express® Gold Card: Find out your offer and see if you are eligible for as high as 100,000 bonus points after spending $8,000 on purchases in the first six months of card membership. Welcome offers vary, and you may not be eligible for an offer.American Express Platinum Card®: Find out your offer and see if you are eligible for as high as 175,000 bonus points after spending $12,000 on purchases in the first six months of card membership. Welcome offers vary, and you may not be eligible for an offer.Related: How to redeem American Express Membership Rewards points for maximum valueCapital One transfer bonusesCapital One is currently offering a 15% transfer bonus to Avianca Lifemiles through Aug. 31.How to earn Capital One milesIf you’re looking to earn more transferable miles, the following Capital One cards are solid options to consider:Capital One Venture Business: Earn 100,000 bonus miles after spending $10,000 on purchases in the first three months from account opening.Capital One Venture Rewards Credit Card: Earn 75,000 bonus miles after spending $4,000 on purchases in the first three months from account opening.Capital One Venture X Rewards Credit Card: Earn 75,000 bonus miles after spending $4,000 on purchases in the first three months from account opening.According to TPG’s August 2026 valuations, Capital One miles are worth 1.85 cents each. Most transfers from Capital One will process instantly. For more details, read our guides to Capital One transfer partners and how to transfer Capital One miles.Related: Should you transfer Capital One miles to partners or redeem directly for travel?Chase Ultimate Rewards transfer bonusesYou can receive a 70% bonus by transferring your Chase Ultimate Rewards points to IHG One Rewards through Aug. 31 and a 20% bonus when you transfer your Chase points to Air Canada Aeroplan through Sept. 30.If you hold the Aeroplan® Credit Card (see rates and fees), you can potentially stack this offer with the card’s 10% bonus on transfers of at least 50,000 Chase Ultimate Rewards points in a single transaction. This cardholder benefit is capped at 25,000 bonus Aeroplan points per calendar year.As always, it’s best to transfer points only when you’re ready to book an award since transfers are irreversible and award availability can change quickly.How to earn Chase Ultimate Rewards pointsIf you want to earn more Chase Ultimate Rewards points, the following Chase cards could make good additions to your wallet:Chase Sapphire Preferred® Card (see rates and fees): Earn 75,000 bonus points after spending $5,000 on purchases in the first three months from account opening.Chase Sapphire Reserve® (see rates and fees): Earn 100,000 bonus points after spending $6,000 on purchases in the first three months from account opening.Ink Business Preferred® Credit Card (see rates and fees): Earn 100,000 bonus points after spending $8,000 on purchases in the first three months from account opening.Related: Chase Ultimate Rewards points: How to redeem for maximum valueCiti ThankYou Rewards transfer bonusesCiti ThankYou Rewards is offering a 20% transfer bonus to Air France-KLM Flying Blue through Aug. 22 and a 40% bonus to Turkish Miles&Smiles until Aug. 31.You’ll only unlock the bonus in its entirety if you hold the Citi Strata Elite℠ Card (see rates and fees), the Citi Strata Premier® Card (see rates and fees) or the Citi Prestige® Card (no longer available to new applicants). Other Citi cards do not unlock the full 1:1 transfer ratio, so the transfers aren’t as valuable.The information for the Citi Prestige has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.How to earn Citi ThankYou Rewards pointsTo earn more Citi ThankYou Rewards points, consider these Citi credit cards:Citi Strata Elite Card: Earn 75,000 bonus points after spending $6,000 on purchases in the first three months from account opening.Citi Strata Premier Card: Earn 60,000 bonus points after spending $4,000 on purchases in the first three months from account opening.TPG values Citi ThankYou Rewards points at 1.9 cents each, per our August 2026 valuations, and most transfers happen instantly.Related: Citi ThankYou Rewards transfer partners: Redeem your points with airlines and hotelsMarriott Bonvoy transfer bonusesMarriott Bonvoy is offering a transfer bonus to Cathay Pacific’s Cathay program. Normally, you’ll get 1,000 Asia Miles in the Cathay program for every 3,000 Bonvoy points you transfer; however, with the bonus, you’ll get 1,100 Asia Miles for every 3,000 Bonvoy points transferred.While you can transfer Marriott Bonvoy points to various airlines, it’s generally not recommended because you’ll receive a 3:1 transfer ratio.How to earn Marriott Bonvoy pointsIf you’re looking to earn Marriott Bonvoy points, the following Marriott cards may be of interest:Marriott Bonvoy Bold® Credit Card (see rates and fees): Earn 45,000 bonus points after spending $1,000 on purchases in the first three months from account opening.Marriott Bonvoy Boundless® Credit Card (see rates and fees): Earn four free night awards (valued at up to 50,000 points each) after spending $3,000 on purchases in the first three months from account opening. Additionally, earn up to $100 in statement credits (up to $50 biannually) after spending $500 on eligible airline purchases (through June 30, 2027). (Certain hotels have resort fees.)Marriott Bonvoy Brilliant® American Express® Card: Earn 150,000 bonus points and a $250 statement credit after spending $6,000 on purchases in the first six months of card membership.Marriott Bonvoy Business® American Express® Card: Earn up to 125,000 bonus points: 75,000 bonus points after spending $6,000 on purchases in the first six months of card membership, plus an additional 50,000 bonus points after spending $3,000 on purchases (for a total of $9,000) in the first six months of card membership.According to TPG’s August 2026 valuations, Marriott Bonvoy points are worth 0.75 cents each. Some airlines take a few days (or even weeks) to receive the points.Related: How to redeem Marriott Bonvoy points for maximum valueRove transfer bonusesRove currently has no active transfer bonuses available.How to earn Rove milesWe’re excited about the new “no credit card required” rewards program, Rove. You can book hotels and flights and shop online through the Rove portal; it lets you earn incredible amounts of transferable miles, including up to 54 miles per dollar spent on select hotels.Rove is rapidly adding transfer partners, including Lufthansa Miles & More, a program that has traditionally been difficult to earn miles in. This enables you to book Lufthansa’s incredible first-class product in advance with miles.If you don’t have any Rove miles, you can earn 1,000 miles at no cost right now just by signing up through TPG’s offer.A special transfer bonus to CathayWhile transfer bonuses are usually offered by one transferable currency at a time, until Aug. 28, you can receive a 10% bonus when you transfer any transferable currency that partners with Cathay Pacific’s Cathay loyalty program. Here are the eligible programs and transfer rates with the bonus:American Express Membership Rewards: 1,000 points equals 880 milesBilt, Capital One miles and Wells Fargo Rewards: 1,000 points or miles equals 1,100 milesCiti ThankYou Rewards: 1,000 points equals 1,100 miles if you have a Citi card that unlocks the full transfer ratio (1,000 points equals 770 miles with other cards)Registration is required before converting points, and the bonus is capped at 10,000 Asia Miles per person.Should you transfer points and miles?We only recommend transferring points or miles if you have a short-term plan to use them. Transfers are irreversible, and you don’t want to be stuck with thousands of points or miles in a program you have little use for.If you don’t have a specific redemption in mind but still want to earn points or miles, you’re likely better off earning rewards through card welcome bonuses and everyday spending.We always recommend verifying award availability before transferring your rewards.Bottom lineWhen a program with a transferable currency offers a transfer bonus, it’s important to run the numbers to determine whether it is worthwhile.Generally, you won’t want to transfer your points or miles unless you have a specific redemption in mind. After all, a large part of the value of transferable points and miles comes from their flexibility, which you’ll give up when you convert them to a partner’s currency. However, a transfer bonus can help you get more value from your points and miles if you frequently use a partner program or plan to redeem them soon.Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.
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Borderlands Mexico: Avocado imports generate $641M for US trucking, warehousing
Borderlands Mexico is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week in Borderlands Mexico: Avocado imports generate $641M for US trucking, warehousing; GLS US expands parcel delivery network to Texas border market and Jetco expands heavy-haul operations to serve Gulf Coast industrial boom. Avocado imports generate $641M for US trucking, warehousing Mexican Hass avocado imports generated an estimated $641.5 million in U.S. transportation and warehousing activity and supported more than 4,150 jobs in fiscal year 2025-26. The findings by Texas A&M University researchers highlight the growing importance of cross-border trucking, refrigerated transportation and distribution networks connecting Mexican agricultural producers with U.S. consumers. The report, The U.S. Economic Contributions of Hass Avocado Imports from Mexico, was prepared by Gary W. Williams, an emeritus professor in Texas A&M’s Department of Agricultural Economics, and Dan Hanselka, an extension program specialist. Nearly 98% of Mexican avocados entering the U.S. in 2024 were transported by truck through Texas land ports, primarily through Pharr and Laredo. The analysis, released Wednesday by the Avocado Institute of Mexico, estimated that Mexican Hass avocado imports generated $7.1 billion in total U.S. economic output and supported 37,163 jobs across multiple industries during the fiscal year ending June 2026. Texas plays a central role in transporting Mexican avocados to U.S. markets. According to USDA data cited in the Texas A&M report, the Pharr border crossing handled approximately 58.2% of Mexican avocado imports in 2024, while Laredo accounted for another 39.4%. Once shipments clear the border, avocados move through an extensive network of trucking companies, refrigerated warehouses, wholesalers, distribution centers and food processors before reaching grocery stores, restaurants and other customers nationwide. The report found that avocado shipments generate additional economic activity through purchases of fuel, equipment, transportation services, repairs and other logistics-related services. The economic contributions extend beyond companies directly transporting the fruit, supporting businesses throughout interconnected supply chains. In Texas alone, an estimated $245.1 million in Mexican Hass avocado imports generated $428.9 million in economic output, contributed $265.5 million to the state’s gross domestic product and supported 2,402 jobs across industries. The study estimated that California, the nation’s largest avocado-consuming state, generated $968.2 million in economic output and supported 5,325 jobs associated with Mexican avocado imports. Together, Texas and California accounted for only 19% to 22% of the national economic contributions measured in the study, demonstrating how the supply chain extends throughout the country. The Texas A&M analysis also found that $3.2 billion in Mexican Hass avocado imports during fiscal year 2025/26 contributed an estimated $4.4 billion to U.S. GDP. The imports also supported $2.4 billion in labor income and generated approximately $1 billion in federal, state and local taxes. “This report demonstrates the value of a deeply integrated North American supply chain built over decades between Mexico and the U.S.,” said Ron Campbell, executive director of the Mexican Hass Avocado Import Association, in a statement. “Mexican avocados don’t simply cross the border, they generate economic activity throughout the U.S. economy, supporting transportation and distribution networks, retailers, restaurants and communities across the country.” GLS US expands parcel delivery network to Texas border market Regional parcel delivery provider GLS US has expanded its services into El Paso, Texas, strengthening its shipping network across the Western U.S and adding another market along the U.S.–Mexico border. The expansion, announced Oct. 20, gives businesses in West Texas access to first-, middle- and final-mile delivery services. The new location also can determine international shipping capabilities and parcel transportation for shipments weighing up to 150 pounds. El Paso is a major U.S.–Mexico trade gateway, supported by manufacturing, distribution and cross-border commerce with neighboring Ciudad Juárez, Mexico. GLS said its expanded network will serve manufacturers, distributors, retailers and e-commerce businesses seeking improved shipping connectivity throughout Texas and the Western U.S. The move into El Paso follows GLS US’s expansion into Houston, Austin and San Antonio earlier this year, after entering the Dallas-Fort Worth market in 2025. GLS US is part of GLS Group, a European parcel delivery company operating in more than 50 countries and handling more than 900 million parcels annually. Jetco expands heavy-haul operations to serve Gulf Coast boom Houston-based trucking and logistics provider Jetco has launched a specialized cargo division aimed at growing demand for heavy-haul transportation tied to data centers, power generation, manufacturing and infrastructure projects along the Gulf Coast. The division combines Jetco’s existing heavy-haul operations, established in 2008, with its expanding freight brokerage business to handle oversized, overweight and over-dimensional cargo. “Three years ago, we started positioning ourselves to capitalize on the accelerated growth of domestic power, manufacturing, and infrastructure, specifically data centers,” Jetco President Kyle Kristynik said in a statement. The company has added four specialized trailers this year, including two Faymonville multimax trailers capable of hauling 125,000 pounds each, a Goldhofer trailer rated for 180,000 pounds and a Fontaine hydraulic removable gooseneck trailer with a 55-ton capacity in a 16-foot footprint. Jetco said the division will combine its own trucks and trailers with prequalified third-party carriers to manage complex industrial shipments. The company also plans to collaborate with Canadian sister companies Precision Specialized and Scott Woods Transport to support specialized, heavy-haul and out-of-gauge freight movements. Jetco, which is part of Canadian transportation company The GTI Group, operates from its Houston headquarters and maintains facilities in Pasadena, Freeport and Dallas, Texas. Why it matters: The report “The U.S. Economic Contributions of Hass Avocado Imports from Mexico,” highlights how Mexican agricultural imports sustain U.S. trucking jobs, refrigerated distribution networks and freight activity far beyond the border. The post Borderlands Mexico: Avocado imports generate $641M for US trucking, warehousing appeared first on FreightWaves.
Comment: A question of control
Europe’s ERTMS rollout continues to be hampered by rising costs, delays and fragmented responsibilities between infrastructure managers, operators and suppliers. Consultant Editor Chris Jackson says the central question is whether stronger leadership and co-ordination can turn a complex technical programme into a deliverable, network-wide business case. August 31 marked a milestone in the UK’s East Coast Digital Programme, when passenger trains began using a 24 km section of ETCS Level 2 between Welwyn and Hitchin. This overlay on the lineside signalling is envisaged as a stepping stone towards a more extensive ‘signals away’ roll-out, accelerating driver familiarisation and the use of more types of rolling stock. It was originally expected to be completed before April 2024, with the 160 km route from London to Peterborough going live by April 2029. Delays to ERTMS projects are nothing new, alas. Norway’s national rollout has been rephased several times, not least because of a shortage of resources for retrofitting the rolling stock, while the challenges of digital signalling are one of the factors behind the decision to put back Germany’s ambitious Stuttgart 21 programme to 2031 at the earliest. As we report on p23, the European Commission’s ERTMS Deployment Management Team has been looking into the factors that have been driving up the cost of trackside equipment, following a similar review of onboard costs last year. While the railway and suppliers associations may disagree with some of the report’s findings, all sides appear to accept that a major part of the problem has been the multiplicity of applications. In particular, early adopters sought to interface ETCS with their own signalling practices and operating rules determined by their legacy systems. Since being designated as the system authority, the EU Agency for Railways has been grappling with the challenge of consolidating the ever-changing specifications whilst paving the way for the addition of further functionality. More than half a century ago, a 1974 report to the British Railways Board explained that the International Union of Railways’ ORE A46 committee had ‘reached the point where a “system” for track to train communications is being proposed as an international standard. The system appears to be complex, not capable of any useful simplification.’ Further work by what became ERRI committee A200 on drafting the technical specifications led to the adoption of ERTMS as the centrepiece of interoperability across the Single European Railway Area. This month’s lead author Dr Frank Heibel pointed out when the ECDP overlay went live that it is the removal of lineside signals that really makes the business case for any cab signalling scheme, increasing capacity and performance, whilst reducing the cost of maintenance and renewals. However, that is entirely dependent on ensuring that every train which uses the line has been fitted with onboard equipment. ‘Fleet fitment is not a workstream running quietly alongside the infrastructure programme’, he emphasised. ‘On a signals-away project it is the critical path of the business case, and it deserves to be governed like one.’ Back in the heady days when ORE and ERRI were formulating their concepts, almost all railways around the world were vertically-integrated organisations. Thus the costs and benefits of moving train control from lineside to onboard would be an internal trade-off. That is one reason why the adoption of CBTC has been much more straightforward on standalone metros. However, the past three decades have seen vertical separation between the infrastructure managers and train operators, as well as the arrival of new entrants. While the competing operators of international services would clearly benefit from interoperability, the fragmentation of responsibility and the partitioning of costs and benefits have undoubtedly increased the challenge. The latest DMT report emphasises that ‘good project management for ERTMS deployment is key’ to an efficient rollout. But having the right overall governance is also critical. Earlier this year, Germany’s federal transport ministry announced that a national ERTMS Co-ordination Office would be established to manage the country’s lagging digitalisation of signalling and safety systems. One of its key tasks would be allocating funding for equipping the rolling stock. ECDP is another case in point. Oversight of the UK’s ERTMS rollout on the ECML and elsewhere is vested in the so-called Industry Partnership for Digital Railway. ‘Progress is monitored through project and programme boards which report, together with the stakeholder and industry groups, into the Digital Signalling Portfolio Progress Group, which includes representatives from Network Rail regions, Technical Authority and Route Services. The Portfolio Progress Group monitors delivery progress and benefit realisation against the portfolio’s masterplan to inform the Portfolio Direction Board’s decision-making.’ Quite. Luxembourg and Belgium have made better progress, thanks in part to having smaller networks. Nevertheless, as Infrabel’s then COO Jochen Bultinck explained, ‘managing such a large project implies facing a variety of difficulties, both technical and non-technical … we had to work with a large number of stakeholders’. The need for better co-ordination and governance has also been highlighted in the latest recommendations of the EU’s ERTMS Co-ordinator Matthias Ruete. However, it is not clear whether setting up more committees will actually drive things forward. Strong leadership is essential, but finding people with the right experience and giving them the remit to cut through the red tape will be far from straightforward. This article first appeared in the October 2026 issue of Railway Gazette International Read the issue