Shippers must seek out experienced cross-border providers during Mexican market boom

News Snapshot:

Companies are more intrigued than ever by Mexican manufacturing prospects. Mexico unseated China as the top exporter to the U.S. for the first time in 2023 after a multi-year climb. During a similar time period, the Laredo, Texas and Tucson, Arizona markets have skyrocketed in popularity. Mexico is expected to continue to win business – and grab headlines – as the well-documented and ongoing nearshoring trend continues. In fact, foreign domestic investment in Mexico hit a record high over the past two years. Getting Started in Mexico It will take several years to see the full impact of manufacturing investments...