Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: ILS boosts cross-border freight with Arizona facility; British wire harness maker plans new facility in Mexico; RK Logistics adds free trade zone warehouse space; and Texas border agents discover $8M worth of meth in shipment from Mexico.
ILS boosts cross-border freight with Arizona facility
The International Logistics Solutions (ILS) Co. continues to invest in...
Cartels Una barrera para el creciente comercio transfronterizo, dice Expert. Un experto en comercio internacional considera el enfoque de México para mejorar el comercio, pero dice que el crimen organizado sigue siendo un obstáculo. El 13 de enero, la presidenta mexicana Claudia Sheinbaum dio a conocer Plan México, Una iniciativa ambiciosa destinada a levantar en […]
Esta entrada Borderlands México: Carteles Una barrera para el creciente comercio transfronterizo, dice el experto Aparece primero...
Cartels a barrier to growing cross-border trade, expert says
An international trade expert sees promise in Mexico’s approach to enhancing trade but says organized crime remains an obstacle.
On Jan. 13, Mexican President Claudia Sheinbaum unveiled Plan Mexico, an ambitious initiative aimed at ultimately lifting her country from 12th place to among the top 10 economies in the world.
Plan Mexico includes a portfolio of $277 billion in national and foreign investments to be distributed across 2,000...
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: $44 million expansion begins at Pharr international bridge; China-based tire maker to build $500 million factory in northern Mexico; RK Logistics acquires warehouse in Arizona to support clients; and new distribution and logistics center planned for Austin, Texas.
$44M expansion begins at Pharr international bridge
The city of Pharr, Texas, recently kicked off...
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Borderlands is a weekly rundown of developments in the world of U.S.-Mexico cross-border trucking...
With e-commerce booming and warehouse space shrinking, 3PLs have become hot commodities. The latest is RK Logistics Group, which manages about 1 million square feet of warehousing and distribution capacity in the competitive California market.
On Friday, a group of investors led by Miami-based investment firm AOI Capital announced they have acquired RK Logistics Group. Terms were not disclosed.
“RK Logistics Group has a stellar reputation as a high-performance supply chain operator supporting...
https://www.freightwaves.com/news/red-hot-3pl-aoi-capital-acquires-rk-logistics
Even as the historic growth rate of e-commerce sales has slowed in three of the past five quarters, the need for industrial warehouse space has not.
According to a new report from logistics real estate firm Commercial Edge, transactions closed in the first 11 months of 2021 totaled $61.6 billion across its markets, setting a new all-time high for sales volume. Sales prices averaged $111 per square foot in November, up 27.4% on a year-over-year basis.
“Despite being the 15th-largest market in the...
https://www.freightwaves.com/news/historic-year-continues-for-commercial-real-estate-sales
Hello, retail supply chain nerds.
Happy Tuesday!
Just wanted to remind everyone that we will not have a new episode of Point of Sale this week.
INSTEAD, we have a dynamic webinar with our sponsor, ArcBest, on Wednesday so you can ask them all of your retail-related questions as they share their outlook on logistics for 2022.
Be sure to register at this link and join us on Wednesday at 2 p.m. EST to hear from ArcBest Chief Customer Officer Dennis Anderson.
Also, in the spirit of the holidays, INVITE...
https://www.freightwaves.com/news/point-of-sale-bye-bye-just-in-time
Much has been written about the backlog of container ships off the U.S. West Coast, but even when that situation eases, the supply chain bottleneck that it created will still be felt well into next year.
It is the price a global economy pays for building ultra-efficient networks in which just-in-time inventory practices dominate the manufacturing and retail worlds. When it works correctly, just-in-time allows manufacturers and retailers to reduce inventory costs and still operate at optimum...
https://www.freightwaves.com/news/just-in-case-port-crisis-could-alter-logistics-landscape-forever
Warehouse demand is at record levels. Driven by rising e-commerce demand and related one- and two-day shipping demands, the need for new warehouses has never been higher.
Real estate services firm JLL (NYSE:JLL) published a survey of over 720 logisticians last month that found 74% predict 5% annual growth or more in warehouse demand over the next three years. About 28% of those said it would be 20% or more, and 71% expect demand from e-commerce to grow significantly through 2024.
That explosion...
https://www.freightwaves.com/news/need-a-warehouse-you-may-have-to-wait-9-months