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Plus, a Chicago-based freight broker boasts about making $215k in one day, Lineage Logistics hits it big with an $18 billion IPO, the latest on the Ocean's 11-style freight heist, and more.
Logistics property rents rose by 6% globally in 2023, with a significant 19% increase in Mexico, driven by nearshoring and demand.
Ongoing disruptions at US-Mexico rail crossings lead logistics firms to seek alternative transport routes, including trucks and maritime solutions.
Eagle Pass and El Paso border closures put a pause on $33.95B in annual trade, affecting Union Pacific's business and threatening economic stability.
While trade activity escalates in South America, influenced by diversified sourcing strategies, the Panama Canal continues to face drought-induced challenges.
The U.S.-Mexico border faces severe delays amid migrant surges, leading to a logistics nightmare for freight and trade.
Congestion at North American ports eases, but nearshoring from Mexico surges, challenging capacity.
Global manufacturers, led by insights from Lectra, are realigning their operations closer to American markets for better efficiency and control.
The Marcelino Serna Port of Entry in Texas is set to resume handling commercial truck traffic, providing an alternative route to busy El Paso crossings.
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.
NextDecade Corp pushes forward with its massive LNG export terminal project at the Port of Brownsville, aiming to transform South Texas's trade dynamics.
Deutsche Post DHL is investing €500m in Latin America, expanding warehouses in alternative hubs to meet growing demand for diversified supply chains.
Amid a significant shift in global supply chains, Mexico overtakes China as the leading exporter to the US, prompting structural adjustments and additional pressure on infrastructure and labor.
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