Borderlands is a weekly rundown of developments in the world of U.S.-Mexico cross-border trucking and trade. This week: Xcell Logistics sees big opportunities with cross-border trade; BMW to invest around $800M in Mexico in EV push; sensor-maker announces new factory in Mexico; and Careismatic Brands moves into major distribution hub in Dallas.
Xcell Logistics sees big opportunities with cross-border trade
With the increasing demand for nearshoring manufacturing into Mexico, Xcell Logistics...
Nearshoring is expected to fuel manufacturing growth across Mexico over the next several years as shippers look for supply chains that are closer, cheaper and more favorable to doing business with the U.S.
Mexico offers transportation options that are shorter and less expensive than those from Asia, a lower-cost labor force and a country causing fewer trade concerns compared to China.
While nearshoring in Mexico is starting to become a reality on a large scale, the country faces fierce...
https://www.freightwaves.com/news/5-things-mexico-must-do-to-win-at-nearshoring
Borderlands is a weekly rundown of developments in the world of U.S.-Mexico cross-border trucking and trade. This week: Port Laredo ranks No. 1 for U.S.-Mexico agricultural trade; RJW Logistics to open shipping hub near Dallas; major logistics facility set for Nuevo Laredo; and Japanese air conditioning manufacturer investing $300M in Mexico.
Port Laredo No. 1 for US-Mexico agricultural trade, report shows
Fueled by produce shipments traveling via trucks and rail, the Laredo customs district was...
The number of insured cargo trucks stolen in Mexico increased 22.9% year over year to 8,553 units in 2022 compared to ’21, according to a recent report from the Mexican Association of Insurance Institutions.
Kenworth tractor-trailers were the most stolen cargo trucks last year, totaling 1,902 units, followed by Freightliner at 714.
The report, titled “Theft and Recovery of Insured Vehicles,” indicated that 4,655 units were recovered after being stolen, which reflects a decrease of 8% compared to...
Borderlands is a weekly rundown of developments in the world of U.S.-Mexico cross-border trucking and trade. This week: Houston’s MacroFab raises $42M to capitalize on reshoring shift; Tesla expected to begin production of Cybertruck in Texas in 2023; Nike to open a major logistics center in Dallas; and Dana Inc. to open a new factory in Mexico.
Houston’s MacroFab raises $42M to capitalize on reshoring shift
MacroFab, a Houston-based cloud platform for manufacturing electronic products, has...
Exports of heavy-duty cargo trucks to the U.S. helped propel truck makers in Mexico to their best year ever, as production increased 20.6% year over year (y/y), according to Miguel Elizalde, president of Mexico’s National Association of Bus, Truck and Tractor Producers (Anpact).
During 2022, the 16 truck makers that are members of Anpact manufactured 195,789 heavy vehicles, beating the previous record of 195,499 vehicles manufactured in 2019.
Exports of trucks in 2022 totaled 166,878 units, an...
https://www.freightwaves.com/news/mexico-breaks-record-for-cargo-vehicle-production-exports
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Borderlands is a weekly rundown of developments in the world of U.S.-Mexico cross-border trucking...