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 […]
With factories across Mexico getting back to full capacity in 2021, the cross-border freight market is already impacting truckload capacity, supply chains and trade strategy.
David Henry, regional manager for Mexico at GlobalTranz, makes his predictions for cross-border trade.
Everything from shipments of tomatoes, avocados, jalapenos and broccoli, to loads of electronic equipment were used in attempted smuggling cases at the Mexico border.
The Timken Co. and Envases Group recently announced plans for cross-border factories in Texas and Mexico.
The cross-border transportation and logistics industry faced unprecedented disruption this year due to the COVID-19 pandemic.
HighCom Armor said the value of products to be exported to Mexico City over the next 10 years could be up to $50 million.
Three Taiwan-based manufacturers are bringing 400 jobs to Santa Teresa, New Mexico, in 2021.
Uber’s (NYSE: UBER) acquisition of Mexican grocery delivery startup Cornershop was approved on Monday by Mexico’s Federal Commission of Economic Competition (COFECE). The approval from COFECE was the last part of the acquisition. Terms of the deal, which gives Uber a majority stake in the company, were not disclosed. The acquisition furthers the expansion of […]
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Automotive manufacturers are building in Mexico; FedEx Express expands in Querétaro; Dunavant Distribution expands in Houston; and agents stop over 200 people being smuggled in commercial trailers.
The United States stands to prosper with more supply chain collaborations between Canada and Mexico, according to trade experts.
Volvo said Monday it has discontinued the sale of Class 8 trucks in Mexico, citing disruption caused by the COVID-19 pandemic.
The South Texas border crossings in Laredo and Pharr led the United States in imports of avocados and tomatoes from January through Wednesday.
Nuvocargo’s meteoric growth continues with four new hires aimed at expanding the company’s global reach.
The city of San Angelo, Texas, approved a deal with South Plains Lamesa Railroad to create a rail port connecting to Mexico.
FedEx Express will hire more than 6,500 employees across Mexico by the end of the year.
Truck retail sales in Mexico fell 21% for the month; exports declined 16%.
The United States is the largest steel importer in the world, buying $23.9 billion worth of raw steel in 2019.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Record-breaking Mexican blockade costs $81M; A&R Logistics expands in Houston; Mexican export bank seals $600M loan; and TA Services acquires Top Gun Freight.
Logistics professionals said to expect U.S.-Mexico border capacity to be tight the rest of the year and into 2021.
Trucks moved $33 billion worth of freight between the U.S. and Mexico in August, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics.
With less than a week to go before Election Day, analysts and CEOs weighed in on what the future may hold for trade with Mexico.
Separate protests in Mexico have been disrupting railways and highways in the Mexican states of Chihuahua and Michoacán since mid-August.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: DHL Express invests $53 million in Mexico fleet expansion; $7M in cocaine seized in Laredo; Mexico authorizes new commercial seaport in Sinaloa; Transmute raises $2 million in seed funding.
The Port of Brownsville recently received a $14.5 million grant to expand and upgrade the port’s 3 million-bushel grain elevator, including rail and road improvements.
FedEx Express will open a $12M, 193,000-square-foot logistics center in the Mexican city of León, creating 150 jobs.
The USMCA Corridor would connect rail from the Pacific Ocean in Mexico through the United States all the way to Canada.
Audi said it will allow Mexican officials to audit its Puebla plant following a dispute over tax payments.
Two-way trade at Port Laredo fell 19% to $126.49 billion through the first eight months of the year, dropping the port to No. 4 for border crossings in 2020.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: CFI expands cross-border services; Prent Corp. picks New Mexico for expansion; $2.7 million worth of marijuana found in toilet shipment; Texas DPS opens new truck inspection facility.
Mexican President Andrés Manuel López Obrador announced 39 infrastructure projects, including highways, ports, bridges and water treatment plants.
Railway blockades reportedly are costing the Mexican economy more than $18 million a day.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Seko Logistics to open new hub in Dallas; China firm opens $10 million auto parts plant in Mexico; medical device firm expands in Reynosa; Nippon Express opens new facility in Guanajuato.
Officials in the Mexican city of Reynosa announced a ban on trucks using city bridges starting Sept. 24.
Mexico registered its third consecutive monthly trade surplus in August, led by exports of cattle, tomatoes and automotive products.
Longer truck wait times at Otay Mesa were reportedly caused by changes to customs requirements by Mexican officials.
“Forager: Manically focused on cross-border with tech” was the topic of a virtual fireside chat at American Shipper’s Global Trade Tech summit.
CBP’s expansion project at the Pharr Port of Entry in South Texas is aimed at speeding up commercial agriculture processing.
Some U.S. importers worry the Trump administration’s actions could lead to new tariffs or other restrictions.
CBP’s Virtual Trade Week symposium kicked off Tuesday with a panel on the advantages of United States-Mexico-Canada Agreement.
Illinois-based hardware giant joins The Home Depot and Walmart as U.S. retail companies betting big on Mexico’s home improvement market.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: FedEx Logistics expands in El Paso, Texas; Stanley Black and Decker picks Mexico for new plant; Grupo TMM appoints new CEO; CBP officers seize $4 million worth of narcotics.
The ongoing US-China trade spat and subsequent US tariffs on $500 billion of Chinese goods has catapulted Mexico back to No. 1.
The new factories from Boston-based Creation Technologies, Austria-based Pollmann International and El Paso, Texas-based MFG Solutions, Luxembourg-based Ikano Industries, and Milwaukee Tools will create more than 3,400 new jobs in Mexico.
Five companies recently announced big plans in Mexico, including two new factories and several major expansion projects.
Kyungshin Cable makes wire harnesses used in the automotive industry for companies in Mexico, the United States and Canada.
Imports of auto parts, passenger cars and commercial trucks into Texas ports declined 23% through the first six months of the year.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Concern for China’s supply dominance of rare earth metals; CEVA Logistics to operate a warehouse for IKEA in Mexico; Coca-Cola FEMSA acquires 45 Kenworth trucks; Nikola’s new factory to rely on cross-border supply chain.
The export plant employs 2,000 workers and makes electronic parts used in vehicles manufactured by Chrysler, General Motors, Ford and others.
Volvo Cars is facing supply chain issues from factories in Mexico, according to CEO Hakan Samuelsson. Samuelsson said supplier issues in Mexico and lower demand for its S60 sedans were partly to blame for the Ridgeville, South Carolina, plant being idle since June 3. “First is the disturbances in the supply of parts from Mexico. […]
As part of a new nationwide anti-corruption initiative, Mexico’s land, air and seaports will be operated and monitored by the Mexican military.
Safran Group unveiled plans to open a new airplane-seat factory in northern Mexico, near the U.S.-Mexico border.
The United States-Mexico-Canada Agreement (USMCA) trade pact goes into effect Wednesday during one of the worst economic crises since the Great Depression.
Laredo, Texas-based Super Transport International is hauling everything from oilfield equipment and wind turbine blades to industrial biotrickling filters from Mexico to Canada.
Around 45,000 auto workers are on hold in Puebla, Mexico, as local authorities said they will not allow the automotive manufacturing industry to resume production over coronavirus fears.
The automotive industry is at a crossroads, with many companies aiming to reduce supply chain risk through nearshoring and supplier consolidation.
Mexico’s exports to the United States totaled $23.4 billion in April, a 41% decline compared to April 2019.
Mundi seeks to finance exporters by offering their clients the option to pay locally in 100 countries and 65 currencies.
“The Impacts of COVID-19 on the United States, Mexico, and Canada Cross-border movements” webinar was presented by the Transportation Intermediaries Association.
Tonnage slipped 12% during April at Port Houston, declining due to the coronavirus pandemic, officials said.
Mexico’s reopening will include a new four-color coding system in place by June 1 to tell people and businesses what activities will be allowed.
ANPACT reported the total number of heavy-duty trucks, medium-sized trucks and buses sold during the first four months of the year was 6,495, a decrease of 48.1% compared to 12,521 units sold during 2019.
President Donald Trump’s April 18 executive order aims to provide additional economic support for supply chains and manufacturers during the pandemic.
In March, 204,383 commercial vehicles crossed the World Trade and Colombia Solidarity commercial bridges in Laredo. It was 284 fewer truck crossings than in March 2019, a 0.1% decline.
The decline in cross-border freight is linked to the closure of truck-making and auto parts plants across Mexico to contain the coronavirus, as well as the March 30 executive order by Mexican President Manuel Obrador to close all nonessential businesses.
For the second time in a year, Port Laredo again ranks first among the nation’s more than 450 airports, seaports and border crossings.
In an effort to fight COVID-19, Laredo officials are requiring people to wear face masks when entering a public building, pumping gas, riding in public transportation or traveling by a rideshare vehicle.
The latest regional survey conducted by the Federal Reserve Bank of Dallas shows that general business activity for manufacturing in Texas declined to -70 in March.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade.
Mexico was the U.S.’s largest trading partner in 2019, with more than $614 billion in two-way trade.
Around 2,000 trucks a day use State Route 189, and the improvements could save more than 10 minutes per northbound truck, according to the Arizona Department of Transportation.
Freight tech company focused on logistics in the beverage, auto parts, construction, furniture and electronic sectors.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexican trucking officials discuss cross-border goals; CBP finds $590,000 of meth in shipment of stone items; Mexican automotive industry’s 2019 foreign investment: $3.9 billion; Helion targets car and heavy-duty truck dealers around Dallas.
Tomatoes imported from Mexico will begin undergoing tougher inspections at the border starting April 1. The increased inspections are part of the U.S. Department of Commerce’s deal with Mexican growers to suspend its anti-dumping investigation into the produce.
President Donald Trump on Wednesday signed into law a revamped pact with Mexico and Canada that replaces the 26-year-old North American Free Trade Agreement (NAFTA). The United States-Mexico-Canada Agreement (USMCA) “overhauls” the rules for trading agriculture, manufacturing and services with Mexico and Canada, Trump said. “Today we’re finally ending the NAFTA nightmare and signing into […]
A wide range of officials on both sides of the U.S.-Mexico border as well as trucking associations on Thursday praised the new trade deal among the United States, Mexico and Canada, after the U.S. Senate passed the deal, sending it to President Donald Trump for his signature. The United States-Mexico-Canada Agreement (USMCA) passed the Senate […]
Mexico continues to be the top trading partner for the United States, ranking No. 1 in total trade value through November, at $567.81 billion. It marks the 11th straight month Mexico has been in first, with Canada second and China third. China had led the list from July 2017 until December 2018. The ongoing trade […]
Third-party logistics provider Source Logistics recently signed a pre-lease agreement to rent the new 423,280-square-foot building No. 2 at the Port Grande logistics facility in Laredo, Texas. The new facility is 10 miles from the U.S.-Mexico border and features a 32-foot ceiling clearance, 120 dock-high doors, four ground-level doors, a large, secured truck courtyard, 242 […]
Mexican tomatoes being detained at the border for longer inspections is “unjustified,” according to agricultural officials in Mexico. Víctor Villalobos Arámbula, Mexico’s secretary of Agriculture and Rural Development (SADER), said 43 truckloads of Mexican tomatoes have been detained at the U.S.-Mexico border since Nov. 18 as part of stepped up inspections against the tomato brown […]
San Antonio was at the top of the list for wait times for truckers in November and early December, increasing to as much as 7.7 hours, according to FreightWaves SONAR data. Normally El Paso and Laredo, Texas, are the worst offenders on or near the U.S.-Mexico border for trucker wait times. Logistics professionals said the […]
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Police find $3 million in barrels of pork headed for Mexico; Stabilis Energy opens new transportation hub in Mexico; sales of heavy-duty trucks and buses fell 45.7% in Mexico during November; UPS driver arrested for allegedly […]
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Washington’s apple exports to Mexico continue to rise; Pharr International Bridge is No. 3 land trade hub in Texas; Marc Kiven joins cross-border freight company Forager as president; and Tomato antidumping agreement to remain in place. […]
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Ikea acquires 42,000-acre forest in Texas; Port of Brownsville gains approval for $38 billion LNG projects; Laredo border bridges see long lines for cargo trucks; Global logistics provider Röhlig expands in Mexico. Ikea acquires 42,000-acre forest in […]
With Christmas less than a month away, shipments of fresh-cut Christmas trees from U.S. producers are in full swing. Oregon leads the nation in Christmas tree production, with 383 growers selling about 4.6 million trees in 2018. Oregon Christmas trees had a sales value of $120.6 million in 2017, the latest data available from the […]
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico’s government nears legalizing marijuana; U.S.-Mexico sugar trade agreement in limbo; Texas-Mexico border gets new bridge for commercial trucks; and $650,000 worth of marijuana found in shipment of Thai bananas Mexico is set to legalize recreational […]
Tomatoes imported from Mexico could face a supply chain squeeze caused by new regulations finalized in September between the U.S. Department of Commerce and Mexican growers, experts say. The new regulations call for up to 92% of imported Mexican tomatoes crossing the U.S.-Mexico border by truck to be inspected by officials from the U.S. Department […]
The city of Pharr, Texas, will soon begin $30 million in infrastructure projects at the Pharr-Reynosa International Bridge along the United States-Mexico border. The projects are aimed at expediting border crossings for the transportation of oil and natural gas products, as well as perishable goods such as avocados from Mexico, said Luis Bazán, general director […]
