How Nearshoring is Transforming the LTL Industry

Trade & Border IssuesHot Spots
Written By Jennifer Joslyn

🌊 How Nearshoring is Transforming the LTL Industry.

Nearshoring, the practice of moving manufacturing operations closer to North America, is unlocking growth opportunities in the less-than-truckload (LTL) freight transportation industry. Companies are shifting their manufacturing operations from China to North America due to pandemic-related production and shipping delays, rising labor costs, and geopolitical tensions. While the United States is a popular destination, Canada and Mexico are also experiencing significant growth as nearshoring destinations. This trend presents an exciting opportunity for LTL carriers, such as XPO, as cross-border capabilities become increasingly in demand. Carriers with extensive networks across North America can offer cost savings, flexibility, and improved freight handling for companies involved in nearshoring.

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Arrive Logistics and BlueGrace Logistics Open Offices in Mexico Amid Surging Trade
Arrive Logistics and BlueGrace Logistics Open Offices in Mexico Amid Surging Trade

Arrive Logistics and BlueGrace Logistics have jumped on the nearshoring bandwagon by opening their first offices in Mexico.

Harnessing the Power of Mexico Nearshoring for Supply Chain Success
Harnessing the Power of Mexico Nearshoring for Supply Chain Success

The article discusses the impact of supply chain disruptions and the potential benefits of nearshoring, particularly in Mexico, for U.S. importers.

How Nearshoring is Transforming the LTL Industry
How Nearshoring is Transforming the LTL Industry

Nearshoring, the practice of moving manufacturing operations closer to North America, is unlocking growth opportunities in the less-than-truckload (LTL) freight transportation industry.

Does China emerge as the ultimate victor in the nearshoring landscape?
Does China emerge as the ultimate victor in the nearshoring landscape?

The practice of nearshoring, particularly bringing manufacturing back from Asia to the Western hemisphere, is seen as an advantage for American producers.

FourKites: Nearshoring Shifts Trade Lanes from China to Mexico
FourKites: Nearshoring Shifts Trade Lanes from China to Mexico

Nearshoring, driven by trade and political tensions with China, is gaining momentum as U.S. companies invest in minimizing supply chain disruption.

Growing Nearshoring Trend Intensifies Among US Companies
Growing Nearshoring Trend Intensifies Among US Companies

US companies are increasingly embracing nearshoring as a response to the pandemic and tightening sanctions.

Mexico lures more logistics investment from the US with nearshoring trend
Mexico lures more logistics investment from the US with nearshoring trend

U.S. logistics companies Redwood Logistics and BlueGrace Logistics are expanding operations in Mexico as the trend of nearshoring to the country gains momentum.

Differences Between Reshoring and Nearshoring
Differences Between Reshoring and Nearshoring

Nearshoring and reshoring are two strategies used by companies to manage their supply chains and production processes.

Mexico's Nearshoring Trends on the Rise
Mexico's Nearshoring Trends on the Rise

The trend of nearshoring is on the rise, with American companies increasingly moving their operations to Mexico.

If you’re looking for low-cost, stop looking at China
If you’re looking for low-cost, stop looking at China

Once paraded as the best option for cheap labor in the manufacturing sector, China’s workers have become more skilled and less poverty-stricken.

Gartner reports 88% of small/medium businesses have already begun nearshoring
Gartner reports 88% of small/medium businesses have already begun nearshoring

Nearshoring refers to the practice of moving business operations or manufacturing facilities to a location that is closer to the company's primary market - typically, to a different region within the same country or to a neighboring country.

Migrating manufacturing to Mexico from China might pay off
Migrating manufacturing to Mexico from China might pay off

It remains to be seen long-term, however, the near-shoring trend may reduce the amount of supply chain constraints that have stressed the industry over the past few years.

American companies are nearshoring at a rapid rate and where China loses, Mexico gains
American companies are nearshoring at a rapid rate and where China loses, Mexico gains

The U.S. supply chain issues have forced companies to reconsider their sourcing and operations strategies and many have decided to bring everything back close to the chest.

Jennifer Joslyn
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