Mexico City-based Solvento has raised $12.5 million in a Series A round to help provide trucking companies with access to payment solutions.
This week in Borderlands: Toyota pumping $1.45B into Mexico to boost Tacoma production; Union Pacific to serve Volkswagen hub at Texas seaport; South Korean freight transporter to open subsidiary in Mexico; and Nefab expands in Arizona with warehousing and logistics facility.
For the second time in 24 hours, protesters are disrupting cross-border cargo traffic at Laredo’s World Trade Bridge.
A protest at the Mexico border has caused a major backup at the World Trade Bridge in Laredo, Texas.
This week in Borderlands: Averitt completes major facilities expansion in San Antonio; Bennett Family of Companies opens new facility in Texas; Aerospace manufacturer completes $28M expansion in Mexico; and Mode Global acquires freight brokerage division of Jillamy.
This week in Borderlands: Truck driver salaries in Mexico averaging $423 a month in 2024; Horizon Auto Logistics opens office in Veracruz, Mexico; LG Electronics opens $60M plant in Central Mexico; and Texas bridge project receives $80 million in federal funding.
Uber Freight is expanding international operations with a new customs-focused office in Nuevo Laredo, Mexico.
Federal officials’ proposal to ban cargo trucks from a Texas border bridge has drawn criticism from the trade community.
Cargado CEO and cofounder Matt Silver announced Monday a first-of-its-kind invite-only load board 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: Organized crime groups fuel cargo theft surge in Mexico; Outpost expands […]
A severe storm on Saturday night forced authorities to temporarily close the busiest U.S.-Mexico commercial trade bridge in Laredo, Texas.
This week in Borderlands: Texas truckers taking labor protest to the Big Apple; Exports of Mexico-built cargo trucks rise in August; Mexico’s largest bank opens office in Houston dedicated to nearshoring; and Stonepeak acquires 1.1 million -square-foot logistics property in Texas.
Ford plans to invest $273 million at its plant in Irapuato, Mexico, to produce EV drive units for the Mustang Mach-E.
This week in Borderlands: Carrier says transition to zero emissions critical to better air quality; Texas waterway receives $357M loan to improve shipping channel; Sinoboom plans to build $150M factory in Guanajuato, Mexico; and Grupo Mexico Transportes set to acquire Mobile-based CG Railway.
This week in Borderlands: $44 million expansion begins at Pharr international bridge; China-based tire maker to build $500 million factory in northern Mexico; RK Logistics acquires warehouse in Arizona to support clients; and new distribution and logistics center planned for Austin, Texas.
U.S. Customs and Border Protection has begun requiring trucks using ports of entry in South Texas to display the QR code of their cargo manifests on windshields.
Mexico accounted for a record $415 billion in U.S. trade through the first six months of 2024.
This week in Borderlands: Werner marks 25 years of operations in Mexico; Diehl Aviation investing $49 million to build factory in Mexico; TCA adds Olympic Transport as first Mexican carrier member; and South Texas getting new cold storage warehouse near border.
Mexico remained the top trading partner for the U.S. in May, at $73 billion.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: California’s electric truck mandate could affect Mexican transporters; Mexico’s Isthmus of […]
This week in Borderlands: ImportYeti launches tool to help brands source Mexico-made goods; Pharr bridge construction expansion project set to begin in August; Hammond Power Solutions opens fourth plant in Mexico; and United Kingdom-based logistics company opens Dallas office.
Bridging the AI gap in U.S.-Mexico trade is essential for trade growth, experts say.
This week in Borderlands: Nearshoring to continue boosting US-Mexico trucking in 2024; Careismatic Brands to close Dallas distribution hub, lay off 404 employees; ITS Logistics to open office in Fort Worth; and Aztema begins construction of $240M tire plant in Mexico.
A coalition of U.S. and Mexican stakeholders is urging Presidents Joe Biden and Andres Manuel Lopez Obrador to address migrant issues impacting cross-border trade.
Trucking companies in the United States are violating cabotage rules by misusing Mexico-based B-1 visa drivers, allege stakeholders in Texas.
Texas-run truck inspections are causing hourslong waits at the Mexican border for cargo truckers in El Paso.
Mexico was the United States’ top trading partner in February, with two-way commerce totaling $67 billion.
A California carrier made history Thursday by using an electric truck to haul freight across the U.S.-Mexico border.
Saia is partnering with one of Mexico’s largest carriers, Fletes Mexico, to provide cross-border less-than-truckload services.
Mexico ranked as the United States’ top trading partner in January, accounting for $64.5 billion in cross-border commerce.
This week in Borderlands: Texas-based customs broker expands cross-border footprint; Pennsylvania-based mushroom grower expands production into Mexico; Impilo expands distribution network with Phoenix warehouse; and TT Electronics opens factory along US-Mexico border.
Mexico’s trade with the U.S. rose 2.5% year over year to $798 billion in 2023, boosted by exports of fuel and imports of passenger cars.
This week in Borderlands: Zerio focused on technologizing global supply chain security compliance; Port Houston welcomes new Latin America shipping container service; Tesla auto parts supplier expanding Texas logistics operation; and Korean EV parts maker opens factory in Mexico.
Delays from the customs system on Mexico’s side of the border disrupted cargo truck traffic for several days in California and Texas.
This week in Borderlands: Mexico’s truckers plan nationwide strike against cargo theft; EV maker Lucid expands its U.S. manufacturing facility; Grainger announces new distribution center near Houston; and supply chain services provider Kinaxis opens Dallas office.
Matt Silver launches US-Mexico logistics startup Cargado with $3 million in pre-seed funding.
This week in Borderlands: Mexico top US trade partner in November, Laredo No. 1 gateway; PSC Group acquires rail terminal in South Texas; automotive firm inaugurates $55 million expansion in Mexico; and CBP seizes $5M worth of cocaine at Texas border crossing.
Several Texas border cargo bridge projects could be fast-tracked after President Joe Biden signed a new law to speed up the permitting process.
CBP has reopened four Southwest ports of entry about one month after a migrant surge led to closures in Texas, Arizona and California.
This week in Borderlands: Lean Solutions Group making big moves in Mexico; China-based tire maker opening $240M facility in Mexico; Mexican authorities again postpone Carta Porte tax document; and new logistics park begins construction along Texas-Mexico border.
Cargo thieves hijacked a $380,000 tequila shipment from Mexico that was headed to a North Carolina distributor.
This week in Borderlands: Mexico averaged 57 thefts a day from cargo trucks in the third quarter; second rail bridge proposed for Texas port of entry; Arizona plans to expand truck parking along highways; and Holt Truck Centers opens facility in North Texas.
Mexico tops Canada and China as the No. 1 U.S. trade partner during September with $67 billion in trade.
This week in Borderlands: Cargo theft trends are changing as supply chains shift to border regions; a $65 million cold storage facility could be headed to Central Texas; Gebrüder Weiss opens a logistics operation in Laredo; and a truck driver is stopped at the border with $12 million in cocaine.
Automaker Tesla’s plan to build a factory in Mexico could be delayed past 2025, CEO Elon Musk said Wednesday.
The state of Texas has resumed commercial truck safety inspections at a Laredo border crossing amid backlash from the Mexican president and trade operators.
Trucks delivering products from Mexico continue to face hourslong waits at Texas ports of entry due to state-run inspections.
Trade officials in the U.S. and Mexico are urging Texas Gov. Greg Abbott to end state-run cargo truck inspections in El Paso and Eagle Pass.
Brokerage giant C.H. Robinson has opened a 400,000-square-foot cross-dock distribution center in Laredo, Texas.
This week in Borderlands: Solar panel maker building $1B factory in New Mexico; McMaster-Carr to open $360M distribution center in Fort Worth; Startup Aircon raises $3.3M in seed funding; and Texas-based Ever.Ag acquires logistics platform.
This week in Borderlands: Mexico’s truckers plan nationwide strike, blockades; $142B announced for Texas transportation infrastructure; Fresh Del Monte moving to Port Freeport; and border airport adds commercial cargo operations.
Former Celadon subsidiary Jaguar Transportation has been acquired by a consortium of U.S., Mexican investors.
Mexico-based transporter Traxion has acquired Las Vegas-based BBA Logistics for $10 million.
Toyota announced an investment of $328 million to build its new hybrid Tacoma pickup trucks in Mexico.
This week in Borderlands: Texas trucking company acquired by Online Transport Inc.; U.S. requests USMCA dispute resolution over Mexico corn ban; RK Logistics expands into Arizona market; and Watco opens railcar storage facility in Texas.
This week in Borderlands: An Uber Freight report says cross-border trucking is showing continued resilience; a 3PL secures $100 million to expand its network of cross-border warehouses; a pepper puree manufacturer opens a production hub in New Mexico; and 26 people were killed in a crash involving a tractor-trailer in Mexico.
Tesla’s new electric vehicle plant in Mexico could increase cross-border trade with the U.S. by $15 billion annually, officials said.
Electric vehicle maker Tesla will reportedly soon announce its first automotive assembly plant in Mexico.
Texas has set up state-run checkpoints to stop and inspect random commercial vehicles coming from Mexico.
A former U.S. Border Patrol agent was among three people arrested last week for allegedly hiring undocumented migrants to work as truck drivers in Texas.
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.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Skyrocketing diesel prices could affect US-Mexico import rates; South Texas College partners with a carrier to offer CDL training; Logistics Plus opens a 542,000-square-foot warehouse in Arizona; and exports of Mexican tequila soar 32% during the first four months of 2022.
Pharr-Reynosa International Bridge is undergoing a major expansion project that will add more lanes and reduce wait times for commercial trucks.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: A Texas highway expansion is a “boon” for the trade economy; a Texas port announces plans for a regional logistics hub; GrubMarket acquires an Arizona produce supplier; and a Japanese auto supplier opens a plant in Ramos Arizpe.
The U.S. and Canadian governments closed their borders to unvaccinated and partially vaccinated truck drivers in January, sparking protests across Canada.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Vaccine mandate has varied impacts on Mexico cross-border trucking; Texas toll road truck traffic rises 57% year-over-year; Chinese ATV maker to build $152M plant in Mexico; and drug seizures surge at Texas-Mexico border.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Trucks carried 71% of all U.S.-Mexico cargo moved in September; a Japanese parts supplier is opening a plant in Aguascalientes; and a Texas truck driver was killed in a chain reaction wreck.
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: 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
Software firm Setenal says trucking fleets using radio frequency identification chips can increase length of tire use and save money.
Nuvocargo recently updated its platform to include bilingual tracking features and more visibility for cargo shipments in Mexico.
Several Latin America-focused freight and logistics-related startups have recently secured more funding, including Mundi, Jüsto and Valoreo.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Forager expands with Mexico hires; Moova expands into Mexican market; WeDo Logistics acquires Lone Star Overnight; and Mexican carrier acquires 160 Kenworth tractors.
HighCom Armor said the value of products to be exported to Mexico City over the next 10 years could be up to $50 million.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Officials want to create a new free-trade zone along the US-Mexico border; DFW Airport invests in a data-sharing platform; Mexico sees a record trade surplus in October; and Mexico announces 29 new infrastructure projects at $11.5 billion.
Law enforcement in California and Texas recently announced two major drug cases involving cross-border trucking operations along the U.S.-Mexico border.
Nuvocargo’s meteoric growth continues with four new hires aimed at expanding the company’s global reach.
Beginning Dec. 7, empty northbound tractor-trailers entering the U.S. from Mexico through Laredo, Texas, will be routed to the Colombia-Solidarity Bridge.
In separate incidents, border officers in Texas discovered trucks used to smuggle alleged methamphetamine and marijuana.
Logistics professionals said to expect U.S.-Mexico border capacity to be tight the rest of the year and into 2021.
Proeza Ventures, Industrious Ventures and Purple Arch Ventures have been added to Forager’s Series A round of financing, which initially closed in March and is now oversubscribed at $10.5 million.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Trucking sector wrestling with fragile freight rates and loose capacity; XPO Logistics to layoff 243 employees; Mexico’s auto manufacturers restarts factories, but a few are still waiting; World Trade Bridge officers intercept narcotics worth more almost $1 million.
