With nearshoring gathering pace, several logistics companies are bolstering their capabilities south of the border. Arrive Logistics and BlueGrace Logistics have opened their first offices in Mexico’s second largest city,…
Logistics Firms Expand Cross-Border Operations Into Mexico Amid Manufacturing Boom
Ryder Makes Big Dedicated Play With Cardinal Buy
Ryder System is significantly expanding its dedicated transportation services business with the acquisition of Cardinal Logistics from investment firm H.I.G Capital. The purchase price was not disclosed. While full details…
Major Trucking Firms Unite to Jumpstart Electric Charging Infrastructure
Three trucking heavyweights – Daimler Truck North America, Navistar, and Volvo Group North America – have combined forces under the banner “Powering America’s Commercial Transportation (PACT) coalition” to address the…
Borderlands: Investments pour in as US-Mexico trade surges
Continental bets big on the Mexican hydraulics market German manufacturing giant Continental AG has announced plans to construct its largest factory in Mexico – a $90 million hydraulic hose production…
Diesel Prices Continue a Downward Trend as Winter Wanes
Diesel prices fell for the 14th time in the last 18 weeks on Monday, dropping 2.5 cents to an average of $3.838 per gallon according to U.S. Energy Information Administration…
C.H. Robinson Leads the Push for Digital Shipping Documents in the LTL Industry
Third-party logistics provider C.H. Robinson is spearheading the transportation industry’s adoption of electronic bills of lading (eBOLs). The company now uses the digital shipping documents with 10 of the largest…
Nearshoring Set to Spur US-Mexico Trade Growth in 2024
Cross-border freight between the United States and Mexico is poised for robust growth in 2024, fueled by nearshoring trends as companies aim to mitigate supply chain risks. Mexico’s proximity to…
PS Logistics Continues Flatbed Fleet Growth Through Acquisition
Birmingham-based PS Logistics has purchased the 90-truck flatbed division of North Carolina’s ELS Transportation. The acquisition includes 240+ specialized over-length platforms for hauling building materials and industrial goods. The deal…
Making Billions By Investing In Tech, Teamwork, and Empathy
Brad Jacobs, serial entrepreneur and chairman of XPO Logistics, shares key lessons from his new book “How to Make a Few Billion Dollars” that can benefit the logistics industry. He…
Laredo Solidifies Spot as Top US-Mexico Trade Gateway
Port Laredo retained its ranking as the number one U.S. trade gateway with Mexico for the 10th time in the past 11 months. The South Texas port handled $26.7 billion…