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.
Lego shifts production closer to key markets, delaying U.S. factory to 2027.
The Lego Group is taking steps to bring its production and distribution operations closer to key markets in an effort to strengthen supply chain resilience.
It's all about cutting costs and staying flexible. Lego's latest annual report tells all:
"Our global supply chain network is designed to locate manufacturing and distribution sites close to our largest markets."
Here's what it means:
And in addition to this:
Lego's not alone in this game. La-Z-Boy's also reshuffling its deck, moving some upholstery work to Mexico. Their CEO, Melinda Whittington, calls their North American manufacturing a "key differentiator."
With more major companies nearshoring to Mexico, logistics providers are responding.
Growth near Laredo, Texas, and surrounding regions ensure these providers will be closer to production and can jump on new opportunities to capture billions in freight.
Jerome Washington
Source: Supply Chain Dive | Lego's 2023 Annual Report
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.
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.
Eagle Pass and El Paso border closures put a pause on $33.95B in annual trade, affecting Union Pacific's business and threatening economic stability.
Join over 12K+ subscribers to get the latest freight news and entertainment directly in your inbox for free. Subscribe & be sure to check your inbox to confirm (and your spam folder just in case).
