Nearshoring underscores value of North American cross-border partnerships
North American manufacturing and retailers have been focused on moving their operations out of China — and closer to home — over the past few years.
North American manufacturing and retailers have been focused on moving their operations out of China — and closer to home — over the past few years.
Lingong Machinery Group is investing $5 billion to build a plant and industrial park in northern Mexico
Averitt is well positioned to be a shipper’s comprehensive transportation and logistics solutions provider with a gamut of services including port drayage, distribution and fulfillment, truckload, LTL, cross-border and nearshoring logistics, and final-mile transport.
Brokerage giant C.H. Robinson has opened a 400,000-square-foot cross-dock distribution center in Laredo, Texas.
Reliance Partners’ Borderless Coverage program provides shippers and logistics service providers of all sizes with coverage from the moment of pickup in the U.S. to final delivery in Mexico.
This week in Borderlands: Lectra sees more manufacturers leave Asia for the Americas; steel wire maker opens $22M logistics hub in South Texas; GrubMarket acquires Pharr, Texas-based London Fruit; and chemical logistics provider to open distribution facility in Arizona.
Canada and Mexico are seeing tremendous growth as a result of nearshoring efforts. This has generated significant interest in cross-border capabilities.
Mexico-based transporter Traxion has acquired Las Vegas-based BBA Logistics for $10 million.
Prologis said the recent interest in logistics space in Mexico is just the beginning of what could be decades of demand.
Nearshoring and reshoring manufacturing developments bypassing Canada for the U.S. and Mexico.
This week in Borderlands: RXO invests $30 million and expands its logistics operations in South Texas; the Mexican state of Nuevo Leon is investing $22 million to expand a border bridge; Packwell is set to build a resin logistics center at Port Houston; and RK Logistics Group opens a Texas distribution center.
Mexico’s heavy-duty truck manufacturers exported 12,702 vehicles to the U.S. in February.
In-transit visibility options have skyrocketed over the past several years, making it easier than ever to track a shipment’s en route movements. The same cannot be said, however, for terminal visibility.
Inside this edition: workplace trends for 2023; growing demand for industrial space at the border; and the hunt for a new CEO.
This week in Borderlands: Nearshoring creates booming demand for border logistics facilities; Ascend reserves capacity in Volvo’s autonomous lane in Texas; ZF Group announces $250M expansion in Mexico; and Port of Brownsville posts record cargo volumes in 2022.
Rosemary Coates of the Reshoring Institute discusses supply chain strategy during FreightWaves’ Global Supply Chain Week.
Experts predict more nearshoring of manufacturing to Mexico in 2023, especially for supplies of components used in green technologies.
This week in Borderlands: Xcell Logistics sees big opportunities with cross-border trade; BMW to invest around $800M in Mexico in EV push; sensor-maker announces new factory in Mexico, creating 700 jobs; and Careismatic Brands moves into major distribution hub in Dallas.
Inside this edition: Nearshoring to Mexico on the rise; Canada comes out on top again; Not your average Super 8-K makes headlines.
Freight forwarder MTM Logix recently received a private equity investment aimed at capitalizing on companies nearshoring to the Americas.
Trade between the U.S. and Mexico will continue to expand in 2023 as more factories and logistics operations move south of the border.
Experts say Mexico has increasingly become a go-to production option as shippers seek to reduce supply chain risks with China.
Don’t miss out on what Mexico has to offer. Go with the leading cross-border 3PL.
In the rising world of e-commerce, Open Pricer helps to expand e-commerce with dynamic pricing.
Lean Solutions Group looks to replicate the success of its Colombian nearshoring model.
Arkansas Gov. Asa Hutchinson has four suggestions on how U.S. manufacturers and the American government can make a more resilient supply chain.
As part of FreightWaves’ The Future of Supply Chain event, Lean Tech will show how it can help match talented software developers with those looking to streamline their technology.
More serious conversations about nearshoring has changed the role of 3PL companies from a strategic advisory role to one of execution.
Trips down memory lane provide clarity for newbies in the industry, Ukrainian workers’ absence sends shockwaves through the industry, and the People’s Convoy keeps on trucking to Washington.
Companies are rethinking their supply chains by nearshoring or reshoring operations to North America to reduce risk caused by the pandemic and political uncertainty.
Lean BPO offers back-office and customer support services tailored to the needs of each client.
Manufacturing is increasing in Mexico as nearshoring has caught the attention of many U.S. companies.
Having trouble scaling your sales and marketing operations? Colombian nearshoring may be the solution.
Verifai founder and CEO Jonathan Kempe chats with cybersecurity expert Rich Mason and supply chain expert Amy Broglin-Peterson on how and why companies should aim for data trustworthiness and become knowledgeable about the ethics guiding their supply chain partners.
While optimism is returning to the economy, 83% of manufacturers expect their company to take up to a year to recover, according to a survey from BDO.
Lean wants to add more clients outside of transportation and logistics.
Disruption continues to be the prime focus of supply chains, whether it’s positive business surges or times of crisis. Overcoming these disruptors requires an operation with complete visibility, flexibility, and optimization across the entire supply chain journey.
Consolidated Chassis Management chief executive foresees an increased requirement for chassis to accommodate rising tide of intermodal container moves as the North American economy shakes off COVID-19.
“We expect that more shippers will shift from just-in-time supply chains to just-in-case supply chains,” U.S. CEO Mark McCullough said.
Ben Thrower writes about nearshoring manufacturing, which has gone on for decades. He also writes about the potential for nearshoring services, a new opportunity for both U.S. and Latin American businesses.
Better talent at a lower cost improves brokers’ cash flows.