Is Canada losing out to US and Mexico on nearshoring boom?
Nearshoring and reshoring manufacturing developments bypassing Canada for the U.S. and Mexico.
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.