Top Story - Mexican-US trade still resilient despite economic downturn

Noi Mahoney - Borderlands Writer - FreightWaves - San Antonio, TX

Topic: Mexican-US trade still resilient despite economic downturn.

1. Uber Freight says that things are doing well at the border - what have they said about prospects in cross border trade?

2. Have they seen a downturn because of the economic climate or even an upturn with the nearshoring activity that has been going on recently?

3. What are some of the other factors that are going to affect US-Mexico trade this year?

OTHER BORDERLANDS QUESTIONS

1. San Diego-based XB Fulfillment recently received $100 million in private equity funding, which it will use to accelerate expansion of its logistics warehousing, according to a news release.

2. New Orleans-based Louisiana Pepper Exchange, a global chile pepper company, recently announced plans for a processing and distribution facility in Santa Teresa, New Mexico. 

3. A collision between a freight truck and passenger van in northern Mexico left 26 people dead, according to Reuters.  The accident occurred May 14 on a highway near Ciudad Victoria, which is located in the Mexican state of Tamaulipas along the U.S.-Mexico border.

Topic: Layoffs at DHL and GXO

1. DHL Supply Chain and GXO Logistics are laying off workers in Texas as a result of both companies losing customers. DHL is laying off 80 Houston-area employees after a customer ended its contract.

2. Also announcing layoffs is GXO Logistics, which will let go of 105 workers at a logistics operation in Fort Worth by the end of June, according to state filings.

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