DHL Express recently began cargo flights out of a $55 million cargo facility at Felipe Angeles International Airport in Mexico City.
Tesla has confirmed that its next electric vehicle factory will be near the Mexican city of Monterrey.
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.
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.
If Mexico wants to attract more foreign manufacturers, experts say the country must take big steps to stay ahead of the global competition.
This week in Borderlands: Port Laredo was the No. 2 gateway for international trade in November; Tesla acquired a massive logistics center near Houston; the Port of Brownsville set a record for steel cargo tonnage; and First Call Logistics launched a Texas logistics hub.
Mexican authorities reported a total of 1,181 cargo theft incidents across the country in November.
This week in Borderlands: Canada remains top US trading partner ahead of Mexico; Texas group acquires heavy-haul carrier United Vision Logistics; GM plans to expand electric vehicle production in Mexico; and Chinese manufacturer announces first plant in Mexico.
This week in Borderlands: Xometry CEO predicts expanded manufacturing in US; Costa Rica pushes to join USMCA trade pact; Texas port in negotiations for large-scale green ammonia plant; and $900K in meth seized at Laredo port of entry.
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.
This week in Borderlands: Mexico won’t prohibit double tractor-trailers; Mexican government delays ban on genetically modified corn; Arizona border port of entry project receives $8M; and B.I.G. Logistics acquires Mexican customs broker and 3PL.
This week in Borderlands: USMCA panel rules in favor of Mexico, Canada over US; Lineage Logistics unveils plans for Texas cold storage facility; Mexico extends deadline again for Carta Porte tax document; and Volkswagen halts production of Jetta and Taos models.
Experts say Mexico has increasingly become a go-to production option as shippers seek to reduce supply chain risks with China.
This week in Borderlands: Mexico proposes to modify its truck driver hours-of-service rule; two logistics providers expand operations into New Mexico; an auto parts supplier expands in Mexico, creating 600 jobs; and $8.3 million worth of meth was seized from a truck at the Laredo port of entry.
Borderlands is a weekly rundown of developments in the world of U.S.-Mexico cross-border trucking and trade. This week: Mexico mulls using the National Guard to combat cargo theft; a Texas oil export port project receives federal approval; a Japanese manufacturer is building a $715 million automotive factory in Mexico; and RoadOne opens a transload facility […]
Two U.S. senators said Mexico’s plan to stop importing yellow corn violates its trade deal with the United States.
This week in Borderlands: Automotive logistics provider expands into Mexico; Tesla negotiating with Texas officials for a $365 million lithium refinery; El Paso explores high-tech shuttle to move freight; and automotive parts supplier to build second factory in Mexico.
Mexico stayed the top U.S. trade partner for September, accounting for more than $67 billion in cross-border commerce.
