Solvento raises $12.5 million to expand cross-border trucking
Mexico City-based Solvento has raised $12.5 million in a Series A round to help provide trucking companies with access to payment solutions.
Mexico City-based Solvento has raised $12.5 million in a Series A round to help provide trucking companies with access to payment solutions.
A nationwide trucker strike in Mexico has been postponed after the group behind the protest negotiated a deal with Mexican authorities.
This week in Borderlands: Truck driver salaries in Mexico averaged $4,400 in 2023; Phillips Industries opens a new plant in Mexico; Arcadia Cold Storage firm eyes Southwest distribution market; and Fr8Tech launches freight matching for LTL services in Mexico.
This week in Borderlands: Mexico starts 2023 as top U.S. trade partner; construction for new Texas commercial port of entry begins; transporter closes Texas terminal and cuts 60 jobs; and Kansas logistics company leases Texas distribution center.
If Mexico wants to attract more foreign manufacturers, experts say the country must take big steps to stay ahead of the global competition.
Mexico averaged 39 cargo thefts a day in November
Mexico exported 157,522 heavy-duty trucks to the U.S. in 2022, an 18% year-over-year increase.
Mexico truck makers break export record in August
After 10 years of negotiations, the Mexican state of Jalisco recently received approval from the U.S. Department of Agriculture to begin exporting Hass avocados to America.
Trucks carried more than two-thirds of U.S.-Mexico cross-border freight in March
Mexico trucking officials said they saw a decline in demand for heavy-duty trucks in the U.S. during March.
The White House is pressuring Texas Gov. Greg Abbott to lift additional truck inspections as lines of cross-border trucks grow.
Commercial truck trade with Mexico has slowed after Texas Gov. Greg Abbott’s increased border security measures were implemented Wednesday.
The former Mexican chief negotiator for the USMCA highlights the nation’s economic and trade advantages.
Security guarantees sought for avocado inspectors in Michoacán
Raul Saucedo, president and CEO of SBGroup, explains why Mexico is a good choice for your next international shipments.
In December, Mexico’s commercial truck industry produced 19,739 tractor-trailers
Mexico is the largest avocado producer in the world, with a volume that exceeded 2.3 million tons in 2020
The Mexico-based startup aims to provide working capital to small and midsized trucking companies across Latin America.
Reliance Partners’ Mark Vickers chats with Redwood Logistics’ Troy Ryley on how shippers can best protect themselves against cross-border risks.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico facing severe shortage of truck drivers; Mexico creates new national customs agency; CBP expands Santa Teresa port of entry cargo capacity; and DHL Express to invest $360M in Americas infrastructure.
Mexican President Andrés Manuel López Obrador put the army in charge of customs at border crossings and seaports across the country last year.
GM’s announcement represents the first major investment for an electric vehicle factory in Mexico.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Why does innovation stop at the Mexico border?; Arkansas trucking operation expands into Texas; Samsara releases fuel efficiency report; and VW begins exporting Taos from Mexico.
Some global manufacturers could be feeling a cost crunch. Mexico may be the solution they’re looking for.
Members of the trucking industry in the U.S. and Mexico allege that Mexican truck drivers are doing illegal runs inside the United States in violation of cabotage rules. FreightWaves’ true-crime podcast, Long-Haul Crime Log, investigates.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: KCS expands Mexico rail service to Port of Veracruz; furniture maker leases space in Laredo, PGT Trucking opens new terminals in Arizona and Arkansas; and CBP seizes $1.4 million in drugs in Laredo.
Trucking companies in the United States and Mexico are violating cabotage rules by misusing Mexican B-1 visa drivers, allege stakeholders in Texas and Mexico.
A customs broker can help navigate cross-border freight. But companies should know what to look for in a customs brokerage.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Supply chain issues halt more automakers; GrubMarket acquires Texas produce wholesaler; WDSrx opens pharmaceutical warehouses in Texas, Nevada; and Peak-Ryzex announces partnership with distributor, logistics firm.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Big changes planned for Pharr bridge; Team Worldwide opens office in southern Arizona; Amazon to open fulfillment center in Texas Panhandle; and CG Railway launches bigger, faster vessels.
More than 178,000 individuals apprehended at the United States-Mexico border in January and February
A global semiconductor chip shortage continues to affect auo factories on both sides of the United States-Mexico border.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Laredo’s bridge master plan aims to boost Mexico trade; German automaker invests $72 million in San Luis Potosí; Transmontes orders 75 Freightliner trucks; El Paso opens route for trucks headed to Mexico.
After a disruptive year, Mexico’s automotive industry hopes to revive a manufacturing sector depressed by the pandemic, along with shortages of vital components and energy for factories.
In today’s edition of The Daily Dash, conditions remain favorable for LTLs and the overall freight environment. Plus, a new SPAC targets transportation companies in the heartland, and rising commodity prices could soon impact trucking.
Forager and project44 aim to create a new standard of cross-border transparency for U.S.-Mexico freight.
Nuvocargo’s meteoric growth continues with four new hires aimed at expanding the company’s global reach.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: CBP beefs up security at US-Mexico border; Kenworth restarts truck factory in Mexico; Love’s Travel Stops opens new location in Laredo; Port of Brownsville ranks third for “financial resilience.”
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Trucking schools see demand surge during coronavirus; $11.5 million drug bust at Laredo’s World Trade Bridge; cargo theft of trucks in Mexico up 25% during pandemic; Arizona fast-tracks project to expand truck parking on Interstate 40.
The decline in cross-border freight is linked to the closure of truck-making and auto parts plants across Mexico to contain the coronavirus, as well as the March 30 executive order by Mexican President Manuel Obrador to close all nonessential businesses.
The new tomato inspection rules are part of the U.S. Department of Commerce’s deal with Mexican growers to suspend its anti-dumping investigation into the produce.
Home Depot currently has 125 stores, two distribution centers and 16,000 employees across Mexico.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexican trucking officials discuss cross-border goals; CBP finds $590,000 of meth in shipment of stone items; Mexican automotive industry’s 2019 foreign investment: $3.9 billion; Helion targets car and heavy-duty truck dealers around Dallas.
A forum on dual-trailer trucks, to discuss the economic benefits and road safety, was held in Mexico’s Senate Wednesday through Friday.
Deal to purchase bankrupt Celadon Group’s Mexican subsidiaries, including Jaguar Transportation, for $7 million would expand PAM Transportation Services’ footprint south of the border.
Grupo HG Transportaciones’ new Cascadia trucks are equipped with Detroit DD13 engines and Detroit Assurance technology, aiming to increase driving safety.
Grupo Bimbo, through its subsidiary Moldex, will build around 1,000 electric trucks annually for its own fleet, as well as sell units to other companies.
The bankruptcy of several trucking firms has impacted capacity and U.S. trailer availability in Mexico, forcing companies to look at different ways to keep freight rates low.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: project44 promotes freight visibility in USMCA era; Amazon leases 1 million-square-foot warehouse at DFW International Airport ; Mexico auto industry preparing for coronavirus impact; Port Houston container volume spikes in January. project44 promotes freight visibility in USMCA […]
Celadon Group plans to sell its trucking terminal in Laredo, Texas, to P.A.M. Transportation Services for $19.8 million, according to a filing in U.S. Bankruptcy Court for the District of Delaware. The sale appears set to close imminently, after P.A.M. Transportation Services signed a purchase agreement last Wednesday. The deal could be finalized by this […]
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Volvo delivers 76 new trucks to Mexican carrier; ships are checked for coronavirus at Port Manzanillo; Stabilis Energy expands in Mexico with new sales director; and Pilot Freight Services expands warehouse presence in El Paso. Volvo […]
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Toyota begins production at its new Tacoma plant in Mexico; fatal shooting reported at family-owned trucking company in San Antonio; new superintendent appointed for international commercial bridges; and CBP seizes $1.5 million in cocaine inside shipment […]
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Cross-border trucking remains strong despite ongoing violence in Mexico; Freight tech firm GuruCargo is acquired by regional company; FIBRA Prologis expands in Mexico; and Nuevo León becomes the No. 1 state in Mexico for manufacturing. Cross-border […]
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Laredo road ranked No. 3 for truck congestion in Texas; U.S.-Mexico border to get more X-ray scanners; truck production in Mexico rises 19.8%; and Nuevo Laredo is the top customs district in Mexico. Laredo road ranks […]
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: California leads the U.S. in meth border seizures by CBP; Albuquerque trucking company acquired by Texas transport firm; Kenworth announces organizational changes at its Mexican subsidiary; and Mesilla Valley Transportation chooses Velociti to provide technology deployment. […]
In Mexico, the number of cargo thefts decreased 10.3% in November 2019, compared to the same month last year, according to recent data. There were 923 robberies of tractor-trailers reported in Mexico in November, compared to 1,029 during the same period last year, according to a report from Alfonso Durazo, head of Mexico’s Ministry of […]
The Mexican city of Guadalajara was the first to pass a measure in November prohibiting cargo transportation from entering the metropolitan area from Monday through Sunday, between 6 a.m.-9 a.m., starting Jan. 1. The new regulation is aimed at improving traffic, reducing air pollution and increasing road safety, according to officials. “We hope this will […]
Celadon Group’s (OTC: CGIP) shutdown comes after cross-border shipping had already lost several other full truckload (TL) carriers this year that provided Mexico service. Matt Silver, founder and CEO of Chicago-based Forager, said Celadon’s closure will affect freight capacity in the U.S. and Mexico alike. “Celadon is one of the largest cross-border providers in North […]
Mexican carrier Jaguar Transportation stopped its trucking services this morning (Dec. 10) and could be shutting down as part of Celadon’s Chapter 11 filing Dec. 9. Several freight and logistics professionals confirmed to FreightWaves that cross-border account representatives for Jaguar Transportation said they had ceased services. At one of the company’s locations, the news prompted […]
Tomatoes imported from Mexico could face a supply chain squeeze caused by new regulations finalized in September between the U.S. Department of Commerce and Mexican growers, experts say. The new regulations call for up to 92% of imported Mexican tomatoes crossing the U.S.-Mexico border by truck to be inspected by officials from the U.S. Department […]
Sunset Transportation, a St. Louis-based third-party logistics (3PL) provider, recently opened a new customs brokerage office and warehouse facility at the U.S.-Mexico border in Laredo, Texas. The new Laredo branch office will service the Mexico market with cross-border logistics solutions, Mexico and U.S. customs clearance, warehousing and transloading access. “We now have the capability to […]
As two large companies in the freight industry announced they were eliminating or scaling back trucking services in Mexico last week, industry insiders say cross-border trade will continue to expand. The key for shippers and carriers will be figuring out how they are going to tackle the market in the near future, said Jesus Alvarez, […]
Covenant Transport has decided to end all service to the interior of Mexico, citing dropping spot market pricing, increasing detention times and an inability to gain the freight density needed to balance costs. “After five years servicing the interior of Mexico, Covenant Transport Services will, in coming months, end our Mexico service offering,” said Andy […]
Transplace’s 2019 Carrier Symposium in Dallas discussed the latest topics impacting the carrier industry, including both capacity excesses and shortages, ELDs, regulatory changes, and driver issues. Frank McGuigan, chief executive of Transplace, kicked off the symposium with a “State of the Business” address, saying supply chains are more complex than ever and expanding; and that […]
Mexico, one of the biggest exporters of vehicles in the world, experienced a 12.7% drop in total vehicle exports in August from a year ago. Manufacturers shipped 281,811 units last month compared to 322,779 vehicles in August 2018, according to the Mexican National Institute of Statistics and Geography (INEGI) and the Mexican Association of the […]
Mexico’s legislature is considering proposals that would limit the permitted weight of double tractor-trailer trucks — called “fulles” in Mexico — to decrease truck-involved accidents and relieve traffic congestion. Cities across Mexico – such as Monterrey, Puebla, Jalisco and Mexico City – are also considering restricting speed limits and the time of day/night double tractor-trailer […]
As part of an Austerity Law passed by the Mexican legislature in May, commerce officials in Mexico recently ordered the closure of six foreign commercial trade offices, including customs offices in Belgium, Canada, China, France, Japan and Uruguay. The order was recently signed by the head of Mexico’s Ministry of Economy (SE), Graciela Márquez Colín, […]
As many as 50,000 angry farmers throughout Mexico blocked highways and an international bridge along the Texas-Mexico border on July 17 in protest of the government of President Andres Manuel López Obrador. The Mexican farmers’ protest spread over 42 locations in some 23 Mexican states throughout the country, including an eight-hour blockage of the commercial […]
Drivers of 18-wheelers, tractor-trailers, delivery trucks, freight trucks and tanker trucks hauled more than $671 billion in goods across the United States-Mexico border in 2018. However, there are around 50,000 unfilled driver positions throughout Mexico, according to Enrique González Muñoz, president of the Mexico City-based National Chamber of Freight Transport (CANACAR). The biggest need is […]
Market expert Donald Broughton writes about the numerous consequences of a U.S. Mexico trade war and the damage that will be done on both sides of the border.
Third-party logistics providers will see their growth dented by the threatened tariffs on Mexican imports. The question is by how much?
Trucking warns supply chain may still require Inventory buffers.
Simulators to benefit training standards in Mexico and the U.S.
Drivers – not brokers – facing penalties of $5,000-$10,000 for violating new e-manifest filing requirements at the border.
Ryder System, Inc. (R: NYSE) presented its Service Excellence Awards to top-performing carriers at its ninth annual Mexican Carrier Recognition Event in Mexico City on January 17. The event – reported in a press release by Ryder on January 29 – recognized 20 Mexican carriers for their excellence in service in Ryder’s international supply chain.
Elon Musk says 100k Tesla Semis annually by 2022; Mexican cargo theft doubles YOY; the 2019 Mercedes-Benz Sprinter is awesome; click through for the rest of today’s digest.
If the Trump administration wants to push through a massive infrastructure bill, the only viable way to do that is to raise the federal fuel tax. That is the conclusion of an American Transportation Research Institute (ATRI) report entitled “A Framework for Infrastructure Funding.”
GM announced yesterday that it will stop developing new gas-powered vehicles and instead will invest in electric and fuel-cell vehicles, including a truck platform that could potentially serve as a package delivery vehicle in last-mile operations.