Reindustrialization

Tesla plans to ramp up electric Semi truck production in 2026

Tesla executives say the company will begin full production of its all-electric Class 8 Semi truck in 2026.

The company introduced the Semi in December 2022 and has delayed mass production of the vehicle several times over the past two years.

“We’re progressing swiftly in the build of a Semi factory in our gigafactory in Reno,” an unidentified Tesla executive said during a call with analysts to discuss third-quarter earnings after the market closed Wednesday. “We’ve released all our major capital...

https://www.freightwaves.com/news/tesla-plans-to-ramp-up-electric-semi-truck-production-in-2026

Borderlands Mexico: US-Mexico trade hit $74B in August, Port Laredo No. 1 again

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: US-Mexico trade hit $74B in August, Port Laredo No. 1 again; Imperative Logistics Group acquires freight forwarder Jamco; Gebruder Weiss partners with Mexico load board Cargado; and Avery Dennison opens $100M facility in Queretaro, Mexico.

US-Mexico trade hit $74B in August, Port Laredo No. 1 again

U.S.-Mexico trade totaled $73.77 billion in August, an increase of 4%...

https://www.freightwaves.com/news/borderlands-mexico-us-mexico-trade-hit-74b-in-august-port-laredo-no-1-again

Borderlands Mexico: Crime, labor top concerns about nearshoring in Mexico

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: crime, labor top concerns about nearshoring in Mexico; cargo rail theft up 119% across Mexico in July; Texas trucking company owner sentenced for Mexico-to-Chicago drug pipeline; and industrial equipment maker opens factory in Juarez, Mexico.

Crime, labor top concerns about nearshoring in Mexico

While Mexico is benefiting from foreign companies looking to nearshore, or...

https://www.freightwaves.com/news/borderlands-mexico-crime-labor-top-concerns-about-nearshoring-in-mexico

US-Mexico trade hits record $415B through first half of year

Mexico’s trade with the United States’ totaled $415.4 billion from January through June, the highest total ever recorded for the time period, according to the latest data from the Census Bureau.

Canada’s trade with the U.S. the first six months of the year totaled $382.6 billion, while U.S. trade with China totaled $269.2 billion.

For the month of June, Mexico’s trade with the U.S. totaled $69.93 billion, a 2.1% increase from the same month in 2023. It was the sixth consecutive month and 16th of...

https://www.freightwaves.com/news/us-mexico-trade-hits-record-415b-through-first-half-of-year

Chinese Class 8 EV truck maker plans to build factory in Georgia

China-based electric truck startup Windrose Technology Inc. plans to build a manufacturing plant in Savannah, Georgia, for its line of semi-trucks, according to Reuters.

Officials for Windrose said they have 6,400 existing orders for Class 8 EV trucks, with the majority of orders coming from U.S. companies. 

“The U.S. market is friendly towards Chinese heavy electric trucks based on the fact that the tariffs on imported trucks are much lower than those on cars,” Han Wen, founder and CEO of...

https://www.freightwaves.com/news/chinese-class-8-ev-truck-maker-announces-factory-in-georgia

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