US-Mexico trade

U.S.-Mexico logistics startup Cargado has raised $6.8 million in seed funding to simplify cross-border logistics.

This week in Borderlands, developers bullish on Texas logistics real estate; Waabi opens autonomous trucking terminal near Dallas; New Zealand logistics company invests in Texas facility; and Tier 1 automotive supplier expands in northern Mexico.

Trucking companies in the United States are violating cabotage rules by misusing Mexico-based B-1 visa drivers, allege stakeholders in Texas.

Ryder continues expanding its cross-border operations with a new logistics facility in El Paso, Texas.

This week in Borderlands: China boosts its Mexico investments as nearshoring opportunities grow; Realterm acquires truck terminal in El Paso, Texas; Horton Automatics opens plant in Matamoros, Mexico; and Schunk invests $7 million to expand in Mexico.

U.S. agricultural exports to Mexico are forecast to rise to a record $28.4 billion in fiscal year 2024.

This week in Borderlands: Experts push infrastructure to boost cross-border trade; Korean EV supplier begins construction of plant in Mexico; Kirchhoff Automotive expanding operations in Mexico; and WSI named operator of CPKC transload terminal.

Mexico was the United States’ top trading partner in February, with two-way commerce totaling $67 billion.

This week in Borderlands: Investment surges in Mexico as companies shift supply chains, plan new factories; Michigan 3PL acquires Mexican freight brokerage, signs lease for Arizona warehouse; American Woodmark opens $45M plant in Monterrey, Mexico; and Zipline Logistics acquires supply chain provider Summit Eleven.

Wise PanAmerican Solutions has seen an increase from international companies interested in doing business with Mexico.

This week in Borderlands: Container shipments from China to Mexico skyrocketed in January; construction set for border logistics park in West Texas; Nippon Steel set to build $71M plant in Mexico; and China-based auto supplier announces $178M investment in Mexico.

Mexico ranked as the United States’ top trading partner in January, accounting for $64.5 billion in cross-border commerce.

Ports across Mexico moved 728,116 twenty-foot equivalent units during January, a 20% year-over-year increase.

FreightWaves’ Mary O’Connell and Cargado CEO Matt Silver break down the changing role of 3PLs in U.S.-Mexico freight movements.

Fastfrate Group has renewed a long-term agreement with CPKC to provide intermodal and drayage services in the U.S., Canada and Mexico.

This week in Borderlands: Shifting supply chains boost trade in California-Baja mega-region; Union Pacific opens expanded Phoenix intermodal terminal; Radiant Logistics expands air cargo operations in Texas; and avocado workers in Mexico file labor complaints.

Ryder has opened a new logistics center in Laredo, Texas, as trade continues to expand between the U.S. and Mexico.

Mexico’s trade with the U.S. rose 2.5% year over year to $798 billion in 2023, boosted by exports of fuel and imports of passenger cars.

Avocados and beer from Mexico are gaining popularity as staples at Super Bowl Sunday watch parties.

Workers at a Goodyear Tire plant in Mexico were awarded over $4 million in back pay by U.S. and Mexican authorities after a labor rights investigation.