Remove Freight Remove Manufacturing Remove Mexico Remove Sourcing
article thumbnail

5 Things to Know About U.S.-Mexico Logistics

Talking Logistics

Trade flowing across the United States-Mexico border has grown exponentially since the North American Free Trade Agreement (NAFTA) was enacted in 1994. In 2016, the value of goods traded between the two countries topped $525 billion, making Mexico the third largest trading partner of the U.S. Companies carrying freight across the U.S.-Mexico

Mexico 205
article thumbnail

Mexico sees solid manufacturing growth, courtesy of nearshoring

Resilinc

Mexico is seeing strong growth in manufacturing. market and secure redundant sources of supply. demand and a revival of the auto sector, investors are moving in and banks are getting ready to finance new projects,” in Mexico, reported Bloomberg in April. “Due Mexico’s largest categories of exports to the U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

All Signs Point to Mexico Playing a Greater Role in Supply Chains

Talking Logistics

What do you think about Mexico? My short answer: What do your customers think about Mexico? The study highlights the opportunity for 3PLs this way: The growth of logistics services plays a crucial role in rendering Mexico’s businesses cost competitive as compared with similar ventures globally. percent and truck by 8.8

Mexico 183
article thumbnail

Bringing It All Back Home – OTR TMS Supports Reversion to Regional Manufacturing

Supply Chain Collaborator

Will the trend toward a return to “regional manufacturing” boost volumes in over the road transportation in North America as manufacturers move away from Asian overseas operations? As a result, a new focus on network resilience and the idea of more regional manufacturing emerged.”. This strategy is not without its risks though.

article thumbnail

Understanding Freightonomics with Anthony Smith

The Logistics of Logistics

Before FreightWaves, Anthony received his Bachelor’s and Master’s degree in Economics from New Mexico State University. Anthony’s clients varied from construction, trucking, industrial, software, manufacturing, and retail industries. Freightonomics is at the crossroads of economics and freight.

article thumbnail

This Week in Logistics News (May 13 – 19)

Logistics Viewpoints

According to GEP, the April numbers show that while global demand for raw materials, commodities, and components remains subdued, it is much improved from the trough in December 2022, indicating some stability in the face of consistently high interest rates and a global manufacturing sector under intense pressure. That said, U.S.

article thumbnail

The Pros and Cons: International and Domestic Sourcing

Unleashed

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.