As the reindustrialization movement of the Americas continues to grow, FreightWaves follows its impact on supply chains and freight closely. Check back here for the top stories related to the movement.
This week in Borderlands: US-Mexico trade hit $74B in August, Port Laredo No. 1 again; Imperative Logistics Group acquires freight forwarder Jamco; Gebruder Weiss partners with Mexico load board Cargado; and Avery Dennison opens $100M facility in Queretaro, Mexico.
This week in Borderlands: crime, labor top concerns about nearshoring in Mexico; cargo rail theft up 119% across Mexico in July; Texas trucking company owner sentenced for Mexico-to-Chicago drug pipeline; and industrial equipment maker opens factory in Juarez, Mexico.
Ford plans to invest $273 million at its plant in Irapuato, Mexico, to produce EV drive units for the Mustang Mach-E.
Canada is launching a 100% tariff on imports of electric vehicles made in China, citing unfair competition that it says threatens the global EV market.
Mexico registered a record $31 billion in foreign direct investment in the first half of the year.
China-based companies continue to ship more goods to the U.S. through countries like Thailand and Mexico to circumvent steep tariffs, say U.S. manufacturers and lawmakers.
Mexico accounted for a record $415 billion in U.S. trade through the first six months of 2024.
China-based Windrose Technology plans to open a factory in Georgia where the company will produce an electric semi-truck.
This week in Borderlands: Bridge49 alliance wants nearshoring to go high-tech; Ocean Network Express unveils new Asia-Mexico service; new tractor-trailer parking facility opens in Phoenix; and rail facility along Houston Ship Channel opens for tenants.
Mexico remained the top trading partner for the U.S. in May, at $73 billion.
Authorities in the United States and Mexico announced 25% tariffs on foreign-made steel from China and other countries routed through Mexico.
Nearly $2 billion from the U.S. Department of Transportation will go toward transportation and supply chain projects nationwide.
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.
This week in Borderlands: Private sector investment in Mexico $39B so far in 2024; BNSF announces intermodal logistics hub near Phoenix; Trailer manufacturer launches production facility in Eagle Pass, Texas; and Doosan Bobcat begins construction of $300M plant in Mexico.
UPS’ Bill Seward discussed shifting supply chains, logistics strategies and more during the keynote discussion at FreightWaves’ Future of Supply Chain event in Atlanta.
Georgia Ports Authority outlined projects that would take container capacity to 9.5 million TEUs by 2025.
The Port of Savannah’s expansion plans will benefit shippers — so long as infrastructure needs outside the port are met.
