In August, U.S.-Mexico trade hit $74 billion, with Port Laredo leading as the top trade hub. This growth is driven by increased nearshoring, shifting supply chains, and Mexico's rising importance in global trade, especially in sectors like automotive. Mexico’s strategic location makes it a key partner for U.S. businesses reducing reliance on Asia. This trend highlights new opportunities for supply chain optimization and infrastructure development at major border trade points.
Read the full article via Freightwaves.
