Borderlands Mexico: Investment surges in Mexico as companies shift supply chains, plan new factories


Source: freightwaves.com freightwaves.com

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Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Investment surges in Mexico as companies shift supply chains, plan new factories; Michigan 3PL acquires Mexican freight brokerage, signs lease for Arizona warehouse; American Woodmark opens $45M plant in Monterrey, Mexico; and Zipline Logistics acquires supply chain provider Summit Eleven. Investment in Mexico has surged in the first three months of 2024 as more companies are looking south of the border to establish supply chain and manufacturing hubs, officials said. From January through mid-March, Mexico has received investment commitments worth more...