Plus: Universal bought Parsec amid layoffs, CA ports reported a record-breaking year, FedEx split off its LTL division, and more.
DAT faces criticism over contract terms. Plus, DAT acquires Trucker Tools, RBX declares bankruptcy, and Cargado hits $1M milestone.
The USTDA is funding a study for an intermodal rail terminal in Chiapas to bolster local supply chains and decarbonize Southern Mexico's transport sector.
The USTDA has awarded a grant to the Secretariat of the Economy and Labor of the State of Chiapas for a feasibility study on improving Southern Mexico's freight transportation infrastructure. The project aims to facilitate a shift from road to rail transportation, enhancing local supply chains and decarbonizing the sector. The intermodal rail terminal's development could help reduce highway congestion, lower transportation costs, and attract local value-added industries. This initiative aligns with Mexico's federal government priorities, including the Interoceanic Corridor of the Isthmus of Tehuantepec project, aiming to enhance trade connectivity.
The real China+1 is playing out in Mexico!
— Tamohara Invst Mngrs (@tamoharainv) July 25, 2023
Mexico’s gains mirror its rise in manufacturing, a key component of goods moving between it and the U.S. During the first four months of 2023, total trade of manufactured goods between Mexico and the U.S. reached $234.2 billion. (1/2) pic.twitter.com/VGdxx0MXop
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.
A report from Everstream.ai details how the 2024 US elections could sway the supply chain, affecting cross-border trade and commodity markets.
Here's the latest on freight rates and hot routes as we look forward to Q3. Get insights from experts on navigating the summer season.
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