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. Redwood Logistics is expanding operations into new offices in Monterrey, while BlueGrace Logistics is planning to enter the Mexican market by the end of the year. The expansion reflects the increased investment manufacturers make in near shoring to Mexico, with expected growth in sectors including electronics, automotive, appliances, and aerospace.

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