Mexico's President Claudia Sheinbaum has unveiled a 30 billion peso ($1.4 billion) nearshoring incentive package aimed at strengthening Mexico's role in North America’s supply chains. The program is part of her long-term economic vision, Plan México, which seeks to enhance regional integration, job creation, and economic self-sufficiency. Key Highlights of the Incentive [...]

A recent study by the Federal Reserve Bank of Dallas reveals that the anticipated surge in nearshoring to Mexico remains largely unrealized. The study, authored by Enrique Martínez García, Luis Torres, and Manuel Sánchez, examines Mexico's foreign direct investment (FDI) trends and highlights the slow progress of nearshoring initiatives. Key Findings: Lagging [...]

PITT OHIO Transportation Group has announced its acquisition of Midwest less-than-truckload (LTL) carrier Sutton Transport, effective January 1. “This move perfectly aligns with our strategy to enhance customer service by increasing shipment density within our service areas,” said Charles Hammel III, President of PITT OHIO and the PITT OHIO Transportation Group. “Sutton [...]