According to Mexican officials, investment commitments for the period January-mid-March 2024 surpassed $31 billion. This surge is linked to companies seeking to establish manufacturing and supply chains in Mexico, capitalizing on the trend of nearshoring.
This week in Borderlands: 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. The post Borderlands Mexico: Investment surges in Mexico as companies shift supply chains, plan new factories appeared first on FreightWaves.