Inside this edition: The U.S. Bank Freight Payment Index makes a splash; for-hire carrier rankings are out; and Nowports comes stateside.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Nowports aims to be supply chain ally for Latam trade; US files labor complaint against auto parts plant in Mexico; Tesla suppliers have dedicated lane at US-Mexico border bridge; and Laredo CBP seizes $4.3M worth of meth from tractor-trailer.
Mexico-based digital freight forwarder Nowports has achieved unicorn status after closing a $150 million series C round.
The logistics startup has wrapped up its series B funding round.
Nowports aims to digitize supply chains from Asia to the Americas with $16 million in Series A funding.
