Nuvocargo raises $20.5M to boost trade between US and Mexico
Nuvocargo offers an all-in-one services platform, including freight forwarding, customs brokerage, cargo insurance and trade financing.
Nuvocargo offers an all-in-one services platform, including freight forwarding, customs brokerage, cargo insurance and trade financing.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Could Austin-San Antonio region be the next Freight Alley?; Texas industrial park expands railcar and logistics services; US exports of potatoes to Mexico, Canada continue to surge; $53M worth of cocaine, meth and marijuana seized in Laredo. […]
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico’s automotive production hits 9-year low; Amazon begins hiring for El Paso fulfillment center; Port Houston appoints first chief business equity officer; and new Arizona distribution center to support e-commerce growth.
Germany-based Rhenus Logistics is acquiring Global Net Logistics, an international freight forwarding company based in Dallas.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Texas lawmakers criticize effort to restrict energy sales to Mexico; US blocks tomato imports from Mexican farm; Nuvocargo boosts team with hires from Uber, McKinsey; and Hutchison Port Holdings breaks container delivery record at Mexican port.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico reports 5,000-plus cargo thefts in first half of 2021; automotive supplier relocates to Texas, bringing 315 jobs; Mexico City-based last-mile logistics provider raises $7 million; and international customs broker expands near US-Mexico border.
Premar Global Warehouse Logistics employed 16 Mexican nationals to work as merchandise checkers in San Diego for the equivalent of $3.38 to $5.61 per hour in pesos.
The Port of Del Rio has been closed since Friday night, with both commercial and passenger traffic being diverted 57 miles east to the Eagle Pass port of entry.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mundi launches a finance tool aimed at Mexico-based freight forwarders; more manufacturing jobs are headed for Mexico; Dachser Mexico is providing cross-border services for a tuna shipper; and CBP releases a cross-border trade operational update.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Chip shortage sinks Mexican auto exports in July; Bennett Motors acquires American Eagle Logistics; Yokohama opens new distribution center near Dallas; and meth, fentanyl worth $13M seized at Otay Mesa port of entry.
Manufacturing is increasing in Mexico as nearshoring has caught the attention of many U.S. companies.
AskWaves recounts the history of the eight-lane, $128 million World Trade Bridge, and its importance to commercial truck traffic between Mexico and the United States.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Trade experts take stock on USMCA’s first anniversary; more factories and jobs for Mexico; Quiet 3PF opens distribution center in Dallas; and border officials see uptick in migrants hiding in trains.
The land borders between the United States, Canada and Mexico will remain closed to nonessential travelers for at least another 30 days.
Mexican authorities said they have recovered 5 million rounds of ammo stolen earlier this month from two US-bound trucks.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico exports of commercial trucks jump 277%; Eastek International opens a plant in Mexico; West Pak Avocado will open a Laredo distribution facility; and FMCSA bans a Mexico-based driver from operating in the U.S.
Mexico Remains Top US Trade Partner, Canada No. 2
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico remains top US trade partner; second USMCA labor complaint lodged at Mexican factory; Hyliion expands Texas headquarters; and avocado imports from Mexico up 26%.
The Alpharetta, Georgia-based peanut and tree nut processing company “will be closing entirely and permanently ceasing operations” in El Paso, Texas.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Embracing tech standards before pandemic benefited manufacturers; eBay opens platform to millions of sellers in Latin America; Bull Moose Tube announces Texas mill; and CBP seizes $4 million in fake items at Port Houston.