Truck Parking Club hits major milestone with 1,000 property locations across 46 states, providing 24,000 parking spaces for truckers nationwide. CEO Evan Shelley shares the company's journey and ambitious plans for expansion.
Plus: The DOT Secretary's announcement, a new FMCSA broker transparency proposal, surging Walmart sales, and more.
During a TIA-hosted media call, new TIA President and CEO Chris Burroughs unpacked what these changes could mean for brokers, carriers, and the broader supply chain.
Deutsche Post DHL is investing €500m in Latin America, expanding warehouses in alternative hubs to meet growing demand for diversified supply chains.
Deutsche Post DHL is planning to make a significant investment of €500m in its Latin American business to tap into the burgeoning demand to broaden supply chains beyond China. The logistics giant is constructing new warehouses in alternative manufacturing hubs such as Mexico, Malaysia, and Vietnam, as companies strive to diversify their sourcing. This strategic move has been triggered by disruptions during China's strict Covid-19 lockdowns and escalating geopolitical tensions, which have urged multinationals to secure their supply chains and reduce dependence on China.
Source: Financial Times
Recently, good news came from the Brazilian market. 30 electric light trucks were delivered to Brazil's DHL company. JAC is also the first Chinese light truck brand purchased by DHL in Latin America!#forklift #jacforklift #jac #jacforkliftchina #jacmotors #empilhadeira #brazil pic.twitter.com/6s4Zp4Fu5p
— JACforklift（Jack Ye） (@yejinsong7) October 11, 2021
Rapido's co-founders, Danny Frisco and Roberto Icaza, saw the potential of Mexico’s skilled workforce through their logistics experience with Coyote and BlueGrace. A chance lunch in Guadalajara sparked the idea to create a company bridging U.S. brokerages with top-tier logistics teams in Mexico.
Lego shifts production closer to key markets, delaying U.S. factory to 2027.
Logistics property rents rose by 6% globally in 2023, with a significant 19% increase in Mexico, driven by nearshoring and demand.
Ongoing disruptions at US-Mexico rail crossings lead logistics firms to seek alternative transport routes, including trucks and maritime solutions.
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