Borderlands Mexico: US-Mexico trade rises to $67B in February

Mexico was the United States’ top trading partner in February, with two-way trade increasing 11% year over year (y/y) to $67 billion, according to the latest data from the Census Bureau.

It was the second consecutive month and 12th of the past 14 months Mexico has been No. 1. Canada was the second-ranked U.S. trade partner in February at $62 billion, followed by China at No. 3 with $44 billion in two-way commerce.

Mexico’s exports to the U.S. increased 13% y/y to $40.2 billion in February. The...

https://www.freightwaves.com/news/borderlands-mexico-us-mexico-trade-rises-to-67b-in-february

Borderlands Mexico: Carrier makes history using electric truck to haul cross-border freight

A California-based carrier made history Thursday using a Class 8 electric truck to haul freight between the U.S. and Mexico, a first-ever border crossing for a heavy-duty EV vehicle, officials said.

The electric truck from San Diego-based Bali Express made its maiden voyage carrying an unspecified load of goods into Mexico through the Otay Mesa Port of Entry, which connects Southern California to the Mexican city of Tijuana. 

“By adding electric freight trucks, we are not only reducing our carbon...

https://www.freightwaves.com/news/borderlands-mexico-carrier-makes-history-using-electric-truck-to-haul-cross-border-freight

Borderlands Mexico: Saia partners with Mexican carrier for cross-border service

Less-than-truckload carrier Saia Inc. announced a new partnership with Fletes Mexico, one of the largest trucking companies south of the border.

Fletes Mexico’s less-than-truckload division, Carga Express, and Saia will provide cross-border freight transport for customers. Saia will service Carga Express’ shipments entering the U.S., while Carga Express will transport Saia’s freight traveling into Mexico.

“Our customers will benefit from Carga Express’ network of distribution centers and...

https://www.freightwaves.com/news/borderlands-mexico-saia-partners-with-mexican-carrier-for-cross-border-service

Borderlands Mexico: US-Mexico trade in January totaled $64.5B

Mexico cross-border trade is off to a good start in 2024. The country was the United States’ top trading partner in January, with two-way commerce totaling $64.5 billion, according to the most recent data from the Census Bureau.

Mexico’s trade with the U.S. rose 1.1% year over year (y/y) compared to January 2023. Canada ranked No. 2 with $59.7 billion in trade with the U.S. in January, a 3% y/y decrease. China was the third-ranked U.S. trading partner in the month with $47.9 billion in trade, a...

https://www.freightwaves.com/news/borderlands-mexico-us-mexico-trade-in-january-totaled-64-5b

Borderlands Mexico: Texas-based customs broker expands cross-border footprint

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Texas-based customs broker expands cross-border footprint; Pennsylvania-based mushroom grower expands production into Mexico; Impilo expands distribution network with Phoenix warehouse; and TT Electronics opens factory along US-Mexico border.

Texas-based customs broker expands cross-border footprint

In 1991, Eduardo Lozano started his cross-border freight...

https://www.freightwaves.com/news/borderlands-mexico-texas-based-customs-broker-expands-cross-border-footprint

US-Mexico cross-border trade totaled almost $800B in 2023

For only the second time in recent history, Mexico was the top overall U.S. trading partner for the year.

Mexico’s trade with the U.S. rose 2.5% year over year (y/y) to $798 billion in 2023, boosted by exports of gasoline and other fuels and imports of passenger vehicles.

Canada ranked No. 2, with two-way trade with the U.S. falling 2.37% y/y to $773.94 billion. China ranked third, with trade falling 16.73% y/y to $575.03 billion.

In addition, the port of entry in Laredo, Texas, was the No....

https://www.freightwaves.com/news/us-mexico-cross-border-trade-totaled-almost-800b-in-2023

Borderlands: Zerio focused on technologizing global supply chain security compliance 

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Zerio focused on technologizing global supply chain security compliance; Port Houston welcomes new Latin America shipping container service; Tesla auto parts supplier expanding Texas logistics operation; and Korean EV parts maker opens factory in Mexico.

Zerio focused on technologizing global supply chain security compliance 

Miguel Olivo, co-founder and CEO of Zerio,...

https://www.freightwaves.com/news/borderlands-zerio-focused-on-technologizing-global-supply-chain-security-compliance

Computer issues paralyze trade between US and Mexico

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Delays from the customs system on Mexico’s side of the border have snarled commercial truck traffic...

https://www.freightwaves.com/news/computer-issues-paralyze-trade-between-us-and-mexico

Borderlands: Mexico’s truckers plan nationwide strike against cargo theft

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico’s truckers plan nationwide strike against cargo theft; EV maker Lucid expands its U.S. manufacturing facility; Grainger announces new distribution center near Houston; and supply chain services provider Kinaxis opens Dallas office.

Mexico’s truckers plan nationwide strike against cargo theft

Truckers across Mexico plan to go on strike Monday to protest rising...

https://www.freightwaves.com/news/borderlands-mexicos-truckers-plan-nationwide-strike-against-cargo-theft

Matt Silver launches US-Mexico logistics tech startup Cargado

Founder and former CEO of Forager Matt Silver announced Monday the start of Cargado, a new venture aimed at creating a seamless platform for U.S.-Mexico cross-border logistics.

The startup, which has already secured $3 million in pre-seed funding, “will address the unique challenges of moving freight between the U.S. and Mexico using innovative new technology,” Silver said.

“There are a lot of other companies that are starting to look at either buying Mexican companies or investing in leadership,...

https://www.freightwaves.com/news/matt-silver-launches-us-mexico-logistics-tech-startup-cargado

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