Modernization of Cross Border Trade event returns to Laredo
The Modernization of Cross Border Trade event will be Thursday in Laredo, Texas.
The Modernization of Cross Border Trade event will be Thursday in Laredo, Texas.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Driver shortage affecting cross-border trucking; auto parts maker opens plant in Mexico; Laredo International Airport partners with UPS; and UPS hiring 450 in Dallas-Fort Worth.
China is the second-largest international trading partner for the three largest land border crossings in the Lone Star State.
Some global manufacturers could be feeling a cost crunch. Mexico may be the solution they’re looking for.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: El Paso border crossing looks to rebound in 2021; logistics firm expands with Dallas shipping hub; Suddath acquires Texas-based Daryl Flood Inc.; and $2 million of meth hidden in shipment of rugs.
Mexico is again the top trading partner of the United States for February, followed by Canada and China.
Cross-border platform Nuvocargo raised $12 million in a Series A round led by QED Investors.
A global semiconductor chip shortage continues to affect auo factories on both sides of the United States-Mexico border.
China was the top U.S. trading partner for the 10th consecutive month in January and was the most important trading partner in 2020.
There are a couple of trends shaking up the automotive industry in the years ahead. Outside of digitization and electrification, one trend often gets left out: the growing reliance on Mexico and cross-border trade. As OEMs relocate manufacturing down in the South, suppliers are starting to follow in their footsteps.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Laredo’s bridge master plan aims to boost Mexico trade; German automaker invests $72 million in San Luis Potosí; Transmontes orders 75 Freightliner trucks; El Paso opens route for trucks headed to Mexico.
CFI’s facility in Laredo, Texas, has 6,000 square feet of office space on a 40-acre lot, including a staging and transloading area for cross-border Mexico freight.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Winter freeze devastates Texas produce industry; $100 million industrial park to be built near U.S.-Mexico border; USITC determines blueberry imports don’t harm U.S. growers; and CBP seizes marijuana worth $1.1 million.
Reliance Partners announced Wednesday it has acquired Borderless Coverage, an insurance agency focused on the U.S.-Mexico commercial transportation and logistics industries.
Port Laredo finished on top of the rankings for U.S. exports for the second straight year, totaling $80 billion during 2020.
DHL Global Forwarding recently launched a new bulk liquid transporter system of flexitanks called DHL Reefertanks.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Tecma acquires cross-border trucking firm; Mexican carrier achieves CTPAT certification; Boyd Corp. opens factory in Juárez, Mexico; and massive new industrial/logistics park set for Arizona.
Nissan Mexicana is upgrading the Aguascalientes factory where it rolls out Kicks and March vehicles.
The U.S. Department of Agriculture recently launched a weekly data report on current market trends for key imported crops from Mexico and Canada.
Cross-border trade is strong but could be affected by everything from driver shortages to the freight imbalance to the Mexican peso in 2021. FreightWaves recently caught up with Troy Ryley and Jordan Dewart from Redwood Mexico, part of Redwood Logistics, a logistics platform company headquartered in Chicago. Redwood Logistics’ portfolio includes digital freight brokerage, freight […]