Cross-Border Trade Fuels Mexico’s Rise as a Global Supply Chain Hub
As the United States’ top trade partner, Mexico is poised for even more growth in 2025, with cross-border commerce already surpassing $706.9 billion this year. However, to unlock its full trade potential, Mexico needs to address technology challenges between shippers, trucking companies, and logistics professionals.
Technology Investments Key to Unlocking Mexico’s Trade Potential
Fernando Correa, CEO and cofounder of Cargobot, believes that by streamlining logistics operations and connecting shippers with customs brokers, Mexico can become an even more critical hub in global supply chains. Cargobot’s recent release of Planimatik, a planning tool aimed at simplifying onboarding carriers, is a step in the right direction.
Mexico’s Tech Talent on the Rise
Mexico has emerged as a leading hub for venture capital in Latin America, attracting almost $10 billion in venture capital backing since 2015. The country’s tech talent, including firms focused on logistics and commercial transportation, is growing rapidly. Nacho De Marco, CEO and co-founder of BairesDev, notes that Mexico City has surpassed Sao Paulo, Brazil, as the biggest tech talent market in Latin America, with 300,000 tech professionals.
Investment Firm Acquires 2.3M-Square-Feet of Logistics Space in Houston
Stonepeak, a New York-based investment firm, has announced the acquisition of six logistics assets totaling 2.3 million square feet in Houston. The assets are located less than 8 miles from Port Houston and give the firm 3.4 million square feet of logistics space across Texas.
CJ Logistics America Leases 1M-Square-Foot Facility Near Dallas
Supply chain services provider CJ Logistics America has leased a 1.07-million-square-foot facility in Wilmer, Texas. The logistics facility is located in the 252-acre Southpark Logistics Park, 17 miles south of downtown Dallas.
Texas Car Hauler Acquires Three Logistics Firms
Interlink Transport, a provider of finished vehicle logistics, has acquired Tennessee Auto Carriers, No Boundaries Transportation, and BST Auto Transportation. As part of the acquisitions, Interlink Transport will change its name to No Boundaries Auto Logistics.
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