Best Buy to close Mexico operations by Dec. 31
Partly blaming the COVID-19 pandemic, Best Buy Co. will close all remaining 41 stores in Mexico by Dec. 31.
Partly blaming the COVID-19 pandemic, Best Buy Co. will close all remaining 41 stores in Mexico by Dec. 31.
Italian firm Fincantieri is building a $150M shipyard in Mexico’s Yucatán state to take advantage of cruise line operations and oil & gas exploration.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Arizona-Mexico border trade recovering slowly; Averitt Express expands in Laredo; Port […]
Walmart’s Mexico unit is being investigated by Mexican authorities for possible monopolistic practices related to wholesale supply and distribution, and retail operations.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: more factories and jobs for Mexico; Penske truck leasing adds Texas facility; BH Properties acquires logistics warehouse in Laredo; and driver and dog killed in crash with tractor-trailer.
The city of San Angelo, Texas, approved a deal with South Plains Lamesa Railroad to create a rail port connecting to Mexico.
Protestors blocking ports and rail ramps in the Mexican state of Michoacán are disrupting Kansas City Southern de Mexico’s operations and damaging Mexico’s economy.
Port Laredo’s top three imports were motor vehicle parts, passenger vehicles and heavy-duty trucks.
An increase in consumer demand is causing a container clog, with many ports and carriers running out of space. This surge has caused container prices to sharply increase, forcing automotive suppliers to pay a pretty penny for real estate on these large container ships.
FedEx Express will hire more than 6,500 employees across Mexico by the end of the year.
Truck retail sales in Mexico fell 21% for the month; exports declined 16%.
Market conditions hastened the railcar manufacturer’s decision to move all of its railcar production to Mexico, according to company executives during the third-quarter earnings call.
Cybercriminals launch new cyberattacks against the international trade community every day, according to U.S. Customs and Border Protection.
The United States is the largest steel importer in the world, buying $23.9 billion worth of raw steel in 2019.
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.
Logistics professionals said to expect U.S.-Mexico border capacity to be tight the rest of the year and into 2021.
Trucks moved $33 billion worth of freight between the U.S. and Mexico in August, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics.
Separate protests in Mexico have been disrupting railways and highways in the Mexican states of Chihuahua and Michoacán since mid-August.
Amazon’s new fulfillment centers in Guadalajara and Monterrey represent a $100 million logistics investment.
FedEx Express will open a $12M, 193,000-square-foot logistics center in the Mexican city of León, creating 150 jobs.
Fr8Hub shareholders intend to invest $12 million as part of the transaction.
The USMCA Corridor would connect rail from the Pacific Ocean in Mexico through the United States all the way to Canada.
Ford Mexico CEO says ongoing Mexican rail blockades are affecting the flow of goods across the country.
Audi said it will allow Mexican officials to audit its Puebla plant following a dispute over tax payments.
Two-way trade at Port Laredo fell 19% to $126.49 billion through the first eight months of the year, dropping the port to No. 4 for border crossings in 2020.
In today’s edition of The Daily Dash, Amazon is altering the industry’s perspective of peak freight season. Plus, Women in Trucking named the top employers for women and XPO could be looking to downsize.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Seko Logistics to open new hub in Dallas; China firm opens $10 million auto parts plant in Mexico; medical device firm expands in Reynosa; Nippon Express opens new facility in Guanajuato.
Emirates SkyCargo’s flight to Guadalajara, Mexico, will include automotive components, fresh produce and other general cargo.
Mexico registered its third consecutive monthly trade surplus in August, led by exports of cattle, tomatoes and automotive products.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: DHL Express launches Hong Kong to Mexico service; new candy factory opening on the border; Texas port sending liquid C02 to Mexico; CBP seizes $4 million in drugs at Texas port.
Walmart’s new $42 million omnichannel distribution center in Ciudad Chihuahua will serve 58 stores in northern Mexico.
Longer truck wait times at Otay Mesa were reportedly caused by changes to customs requirements by Mexican officials.
CBP’s expansion project at the Pharr Port of Entry in South Texas is aimed at speeding up commercial agriculture processing.
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.
In today’s edition of The Daily Dash, spot rates are climbing quickly across the country, and a specialized hauler thrives during COVID-19.
“Depressed railcar demand” and the need to cut costs factored into the manufacturer’s decision.
In August, Mexico’s production of heavy-duty vehicles was 12,592 units, a decrease of 30% compared to the same period in 2019.
Mexican cartels are using more commercial trucks to smuggle drugs across the border, CBP acting commissioner says.
Illinois-based hardware giant joins The Home Depot and Walmart as U.S. retail companies betting big on Mexico’s home improvement market.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: FedEx Logistics expands in El Paso, Texas; Stanley Black and Decker picks Mexico for new plant; Grupo TMM appoints new CEO; CBP officers seize $4 million worth of narcotics.
The ongoing US-China trade spat and subsequent US tariffs on $500 billion of Chinese goods has catapulted Mexico back to No. 1.
Authorities in Texas are investigating two cases of what they said were planned sex-trafficking operations, both of which involved semi-trucks.
Shacman’s new plant will be the 12th truck/truck engine manufacturing facility in Mexico, joining Freightliner, Kenworth, Navistar, Hino, International, DINA, Mercedes Benz, Isuzu, Scania, and VW/MAN.
The new factories from Boston-based Creation Technologies, Austria-based Pollmann International and El Paso, Texas-based MFG Solutions, Luxembourg-based Ikano Industries, and Milwaukee Tools will create more than 3,400 new jobs in Mexico.
Five companies recently announced big plans in Mexico, including two new factories and several major expansion projects.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: China automaker picks Dallas as distribution hub; Volvo delivers 55 trucks to Mexican carrier; Port Houston volume down 10%; and VW Mexico agrees to 5.5% employee pay raise.
In today’s edition of The Daily Dash, FMCSA seeks input on broker transparency, logistics is well represented on the Inc. 5000 list, truck orders returning and Daseke CFO talks the future of the company.
The Port of Veracruz, one of Mexico’s largest maritime trade ports, has a 100-year concession with an entity called Administración Portuaria Integral de Veracruz.
Kyungshin Cable makes wire harnesses used in the automotive industry for companies in Mexico, the United States and Canada.
Mexico reaches an agri-food surplus of 19% in the first half of 2020, with year-over-year international sales increasing 4.26%.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Home Depot logistics center sells for $247M; $4.3 million in fake […]
OOIDA and Teamsters officials are concerned about violations of cabotage regulations that restrict Mexican trucking companies from making point-to-point deliveries within the United States.
U.S. Customs and Border Protection seized almost 600 packages of methamphetamine and 14,880 pounds of marijuana at the Otay Mesa border crossing.
Imports of auto parts, passenger cars and commercial trucks into Texas ports declined 23% through the first six months of the year.
“The upsurge of methamphetamine trafficking has become a serious international health and security threat,” said Laredo Port Director Andrew Douglas.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexican auto production breaks out of a slump; Trump approves a new international rail bridge; a Mexican carrier acquires 25 new Scania trucks; and officers seize more than $2.4 million in cash at San Diego ports.
The meth seizure occurred at the cargo facility of the Pharr-Reynosa International Bridge in South Texas.
FedEx Freight is expanding its freight distribution operation in Laredo, Texas, near the US-Mexico border.
Forager’s SCOUT platform helps shippers manage the volatility of cross-border freight imbalances.
With trade relations between the U.S. and China strained, the future of global supply chains could be Mexico.
The export plant employs 2,000 workers and makes electronic parts used in vehicles manufactured by Chrysler, General Motors, Ford and others.
Hurricane Hanna’s aftermath has temporarily halted freight movement on several routes in and out of Texas’ Rio Grande Valley.
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.
First Atlantic hurricane of the 2020 season could cause substantial flooding to south Texas and northeastern Mexico this weekend, delaying freight traffic at ports and land border crossings.
Parts of Texas could get drenched with 4 to 8 inches of rain from a tropical storm expected to make landfall on Saturday.
Amazon will offer a minimum starting wage of $15 per hour in El Paso
As part of a new nationwide anti-corruption initiative, Mexico’s land, air and seaports will be operated and monitored by the Mexican military.
Central Mexico tops for cargo theft; Flex adds 1,000 jobs in Juárez, $3.3 million of meth found in tile shipment and Mexican sorghum farmers to meet with government on Wednesday.
CBP officers at Pharr-Reynosa International Bridge discover a massive quantity of methamphetamine in a truckload of onions.
The Ford Bronco, the company’s iconic offroad SUV, returns after a 24-year production hiatus. The sport edition will be built in Mexico.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: 1,403 Texas trucking/freight-related companies received PPP loans; $4.2 million in drugs seized at Pharr port of entry; Visible SCM acquires TriCon; and Liftit raises $22.5 million in Series B funding.
Mexican farmers set up blockades at the Pharr, Texas, port of entry to protest government cuts in agricultural spending.
Around noon on Wednesday, farmers used trucks and tractors to block access to the Pharr-Reynosa International Bridge on the Mexican side of the border.
Mexican auto factories exported 196,173 vehicles in June, a 38.8% decline compared to the same period in 2019.
Proeza Ventures, Industrious Ventures and Purple Arch Ventures have been added to Forager’s Series A round of financing, which initially closed in March and is now oversubscribed at $10.5 million.
Canada-based BRP’s third plant in Ciudad Juarez aims to meet demand for the company’s off-road recreational vehicles.
The changes in leadership come as the railroad continues to deploy precision scheduled railroading.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico among toughest countries for foreign investors; Houston CBP seizes animal bones, homemade soap; customs broker expands in Laredo; and GM, union disagree on Texas plant closure.
Shacman Trucks plans to have five to six distributors in Mexico this year, as well as an assembly plant for Class 6-8 trucks by 2022.
The agreement will help small and midsize businesses in Mexico reach more than 220 countries and territories around the world, as well as customers in the United States within one business day.
The United States-Mexico-Canada Agreement (USMCA) trade pact goes into effect Wednesday during one of the worst economic crises since the Great Depression.
Port Laredo saw 33% fewer truck crossings in May, while the the Del Rio-Acuña port of entry fell 41%; the Brownsville port of entry declined 36%.
“We lost everything in one moment to nature.” Earthquake in Mexico has killed at least six people, damaged homes and businesses.
At least one person has died after a 7.4-magnitude earthquake hit Mexico this morning.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexican export factories back to work; Texas seaport awarded road improvement grant; Canadian company plans $26 million Texas distribution center expansion; $2.5 million in drugs found in mattress shipment from Mexico.
The investment firm published a research update that analyzed Mexico’s likelihood of changing its rail regulatory structure.
Around 45,000 auto workers are on hold in Puebla, Mexico, as local authorities said they will not allow the automotive manufacturing industry to resume production over coronavirus fears.
The Mexican auto sector could request a longer period to comply with the new United States-Mexico-Canada Agreement, set to go into effect July 1, officials said.
Tropical Storm Cristobal headed toward northern Gulf Coast this weekend. Some disruptions in freight flows are likely.
While airfreight capacity has declined in recent months as airlines slashed their schedules, Mexpress Transportation’s bonded trucking service has been in high demand at international airports.
The most recent court filings are part of the U.S. Bankruptcy Court for the District of Delaware hearings for trucking company Celadon Group, which filed for Chapter 11 bankruptcy on Dec. 9.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: U.S. supply chains’ future could be tied to Mexico and USMCA; Forager celebrates Laredo’s history as an international port; CBP aims to keep Mother’s Day flowers pest-free; Dachser Mexico offers new customs house brokerage services.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Nuvocargo raises $5.3 million for cross-border freight operations; Nogales importers donate free produce to the community; cargo at Mexico’s seaports decline during the first quarter; CBP seizes 352 pounds of marijuana at Santa Teresa port of entry.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Avocado imports from Mexico fare well during pandemic; Caterpillar’s Texas distributor building new factory; General Motors to make masks in Mexico; new logistics app aids supply chain.
Sales of commercial trucks in Mexico fell 46.8% in March, according to Mexico’s National Association of Manufacturers of Buses, Trucks and Tractor-trucks
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade.
Freight tech company focused on logistics in the beverage, auto parts, construction, furniture and electronic sectors.
Home Depot currently has 125 stores, two distribution centers and 16,000 employees across Mexico.
Mercado Libre operates in more than a dozen countries. Its three largest markets are Brazil, Argentina and Mexico, which accounted for 63%, 19% and 13% of its gross billings, respectively, last quarter.
Two U.S. steel companies recently announced they were expanding in Mexico through acquisitions and facilities upgrades.