Borderlands: Nearshoring forecast to boost US-Mexico trade in 2024

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Nearshoring forecast to boost US-Mexico trade in 2024; Texas receives $70M grant for hydrogen fuel stations; automotive manufacturer announces $400M factory in Mexico; and Texas logistics park receives $1.5M grant to expand services. Nearshoring forecast to boost US-Mexico trade in 2024 Cross-border operators expect 2024 to be a busy year, with more tractor-trailers passing between the United States and Mexico daily, carrying everything from cars and auto parts to electronics and fresh produce. With shippers attempting to return to normal freight…