Borderlands Mexico: Bridge49 alliance wants nearshoring to go high-tech

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Bridge49 alliance wants nearshoring to go high-tech; Ocean Network Express unveils new Asia-Mexico service; new tractor-trailer parking facility opens in Phoenix; and rail facility along Houston Ship Channel opens for tenants.

Bridge49 alliance wants nearshoring to go high-tech

U.S.- and Mexico-based organizations have partnered to launch a technology alliance focused...

https://www.freightwaves.com/news/borderlands-mexico-bridge49-alliance-wants-nearshoring-to-go-high-tech

The staffing revolution in freight brokerage

The non-asset-based freight brokerage is undergoing a revolution as the impacts of nearshoring not only affect supply chains but also the workforces that cater to them. Abby Hafenbredl, Account Development Manager at Lean Solutions Group, spoke with FreightWaves about these trends, opportunities and the future of freight brokerage workforces. 

For freight brokerages, one of the largest costs is people, and managing the right staffing levels based on market conditions is crucial. Historically...

https://www.freightwaves.com/news/the-staffing-revolution-in-freight-brokerage

Borderlands Mexico: Foreign direct investment in Mexico $39B so far in 2024

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Foreign direct investment in Mexico $39B so far in 2024; BNSF announces intermodal logistics hub near Phoenix; Trailer manufacturer launches production facility in Eagle Pass, Texas; and Doosan Bobcat begins construction of $300M plant in Mexico.

Foreign direct investment in Mexico $39B so far in 2024

Global companies continue to be bullish on Mexico’s economic...

https://www.freightwaves.com/news/borderlands-mexico-foreign-direct-investment-in-mexico-39b-so-far-in-2024

Averitt prepares for Mexico nearshoring boom with expansion in Texas 

Cross-border less-than-truckload carrier Averitt has undertaken a major expansion of its distribution and fulfillment center in San Antonio.

The expansion was spurred by the nearshoring movement of companies shifting production and manufacturing to Mexico to be closer to the U.S., officials said.

“We’re really just beginning to see the effects of nearshoring on cross-border trucking,” Ed Habe, vice president of Mexico sales for Averitt in San Antonio, told FreightWaves. “We’re really about two...

https://www.freightwaves.com/news/averitt-prepares-for-mexico-nearshoring-boom-with-expansion-in-texas

Tri-National makes facility investments in Texas

As nearshoring trends continue to drive manufacturing to Mexico, capacity fluctuations are requiring cross-border freight companies to strategically invest in their cross-border shipping capacity.

“As is already the case with the USMCA corridor, more imports are coming north from Mexico,” said Brad Colvin, director of corporate business development and logistics at Tri-National Inc (TNi). “It will only create a larger imbalance of freight going back to the border and on into Mexico, creating...

https://www.freightwaves.com/news/tri-national-makes-facility-investments-in-texas

Borderlands Mexico: China boosts its Mexico investments as nearshoring opportunities grow

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: China boosts its Mexico investments as nearshoring opportunities grow; Realterm acquires truck terminal in El Paso, Texas; Horton Automatics opens plant in Matamoros, Mexico; and Schunk invests $7 million to expand in Queretaro, Mexico.

China boosts its Mexico investments as nearshoring opportunities grow

Alberto Garcia-Jurado was recently touring the Mexican city of...

https://www.freightwaves.com/news/borderlands-mexico-china-boosts-its-mexico-investments-as-nearshoring-opportunities-grow

Borderlands Mexico: Experts push infrastructure to boost cross-border trade

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Experts push infrastructure to boost cross-border trade; Korean EV supplier begins construction of plant in Mexico; Kirchhoff Automotive expanding operations in Mexico; and WSI named operator of CPKC transload terminal.

Experts push infrastructure to boost cross-border trade

MONTERREY, Mexico — With nearshoring accelerating trade growth between the U.S. and Mexico,...

https://www.freightwaves.com/news/borderlands-mexico-experts-push-infrastructure-to-boost-cross-border-trade

Borderlands Mexico: Investment surges in Mexico as companies shift supply chains, plan new factories

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Investment surges in Mexico as companies shift supply chains, plan new factories; Michigan 3PL acquires Mexican freight brokerage, signs lease for Arizona warehouse; American Woodmark opens $45M plant in Monterrey, Mexico; and Zipline Logistics acquires supply chain provider Summit Eleven.

Investment surges in Mexico as companies shift supply chains, plan new factories

https://www.freightwaves.com/news/investment-surges-in-mexico-as-companies-shift-supply-chains-plan-new-factories

Is Mexico becoming the new China?

Chart of the Week: Import Ocean TEUs Index – China to Mexico, China to USA  SONAR: IOTI.CHNMEX, IOTI.CHNUSA

Import bookings have doubled from China to Mexico compared to the same period in 2019, with the bulk of the increase coming in the past year. By contrast, import bookings from China to the U.S. are up a still-impressive approximately 40%, but nothing like the Mexico figure. What does this mean for the U.S. freight market?

The Inbound Ocean TEUs Indices (IOTI) measure bookings of...

https://www.freightwaves.com/news/is-mexico-becoming-the-new-china

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