Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Echo Global Logistics grows cross-border footprint as trade booms; Maersk launches cross-border warehouse in Tijuana; Yokohama announces $380M tire plant in Mexico; and Legendz Way to open distribution center in North Texas.
Echo Global Logistics grows cross-border footprint as trade booms
Echo Global Logistics has opened new locations in Texas and Mexico, as more...
They say the grass is greener on the other side of the fence, but in terms of shipping, this is definitely not the case for goods bound for Mexico. Cross-border shipping carries inherent risks that often can’t be avoided. From differing rules and regulations to theft, it’s best to equip your business with partners who know the ins and outs of shipping on both sides of the border.
Mark Vickers, Reliance Partners’ executive vice president of international logistics, teamed up with Troy Ryley,...
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: 6,550 manufacturing jobs headed for Mexico as border freight capacity tightens; Aeronet Worldwide expands in Texas; FedEx Ground leases distribution center in Houston; and Bullfrog Logistics files for Chapter 11 bankruptcy.
More factories announced or opening as border freight capacity tightens
Eight foreign companies recently announced they were expanding or building...
https://www.freightwaves.com/news/foreign-investors-pump-money-manufacturing-jobs-into-mexico
Though well behind Mexico, China ranks second for international trade at the three largest United States-Mexico border crossings in Texas: Laredo, El Paso and Pharr.
Its status on the border is buoyed by imports of auto parts, cellphones, electrical circuit boards and other goods, say public officials and industry experts.
Teclo Garcia, Laredo’s economic development director, said cellphones were the top imports from China through Port Laredo during 2020.
“We had $1.16 billion in total trade with...
https://www.freightwaves.com/news/just-so-big-chinas-outsize-role-in-trade-at-texas-border-crossings
Cross-border trade is strong but could be affected by everything from driver shortages to the freight imbalance to the Mexican peso in 2021.
FreightWaves recently caught up with Troy Ryley and Jordan Dewart from Redwood Mexico, part of Redwood Logistics, a logistics platform company headquartered in Chicago.
Redwood Logistics’ portfolio includes digital freight brokerage, freight management and platform services that aim to simplify supply chain technology.
Ryley is president of Redwood Mexico,...
https://s29755.pcdn.co/news/transloading-prioritizing-equipment-key-for-2021
The cross-border transportation and logistics industry faced unprecedented disruption in 2020 due to the COVID-19 pandemic, as well as changes brought on by the United States-Mexico-Canada Agreement (USMCA).
Following are some observations from brokers, trade analysts and freight-tech providers relating to cross-border operations moving into the new year.
Deepak Chhugani, founder and CEO of Nuvocargo: “Mexico is now the U.S.’ No. 1 trade partner. The China-U.S. trade war, as well as the COVID-19...
https://s29755.pcdn.co/news/cross-border-operators-discuss-trends-in-2021
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Record-breaking Mexican blockade costs $81M; A&R Logistics expands in Houston; Mexican export bank seals $600M loan; and TA Services acquires Top Gun Freight.
Record-breaking Mexican rail blockade costs $81 million
Rail lines from Mexico’s Port of Lázaro Cárdenas have been blocked for almost 40 days, upending freight flows across several key trade routes.
Lázaro...
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Border trucking capacity remains tight; Schneider Electric expanding in Tijuana; new highway in Mexico to boost cross-border trade; Ceva Logistics expands in Latin America.
Border trucking capacity remains tight
The imbalance between northbound and southbound trucks across the United States-Mexico border is causing one of the toughest capacity shortages in decades.
Offic...
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Truck capacity tight near Mexican border; drugs found in shipments of ketchup and onions; DHL opens new foreign trade zone in El Paso; and Commerce opens inquiry aimed at Mexican wire mesh.
Freight volumes rising across Texas as border capacity tightens
Long-haul freight volumes are rising across Texas — especially in Houston, Laredo, San Antonio and Austin — with...