DP World investing in Mexico due to rising demand for cross-border logistics

Borderlands Mexico reports DP World’s new freight hub in Mexico City to meet rising demand for cross-border logistics with the U.S. The company is investing in Mexico due to nearshoring trends and global trade shifts. DP World is a major container terminal operator with a growing workforce in Mexico for logistics services.

DP World is experiencing high demand for logistics services in both directions between Mexico and the U.S. Record-high cross-border freight volumes are driven by Mexican exports to the U.S., especially in automotive, electronics, and consumer goods industries. This surge in exports has led to increased need for cross-border logistics solutions.

The Inbound Ocean TEUs Volume Index shows a 26% increase in import container bookings from China to Mexico since May 12. DP World attributes this growth to nearshoring trends across the Americas. The company is focused on strengthening its inland logistics capabilities in Mexico.

DP World is in talks with the Mexican government to establish a large industrial complex, potentially including a port and industrial park to streamline cargo to the U.S. The company has been investing in Canadian terminals and U.S. logistics businesses but has not confirmed plans to operate a port in Mexico.

MTU Maintenance plans a $120 million expansion in Texas to upgrade facilities and create 1,200 direct jobs. The company will provide engine maintenance services for CFM International and GE Aerospace. MTU Maintenance operates a global network of service centers.

Texas Logistic and Fulfillment Services is converting a former Amazon warehouse in Sugar Land, Texas, into a large HVAC-enabled third-party logistics hub. This expansion will support the growing demand for climate-controlled logistics, especially for electronics and temperature-sensitive goods.

Read more at Yahoo Finance: DP World sees big logistics opportunities across Latin America