Nearshoring Trend Escalates for US Companies
BlueGrace Logistics - May 30, 2023Connor D. Wolf | Transport Topics
May 25, 2023
The turn toward nearshoring escalated this year, a trend that saw renewed interest during the coronavirus pandemic.
Nearshoring is the process of companies moving offshore operations to neighboring countries. Mexico has been a main focus for U.S. nearshoring efforts. The U.S. Census Bureau reported during the first quarter that Mexico surpassed China as the No. 1 trade partner at 16.1% of total trade.
We’ll enable cross-border service offerings with a heavy focus on the CPG, automotive, electronics and appliances industries, eventually leaning into inter-Mexico transportation. BlueGrace’s nearshoring efforts are customer-led.
“Locations in Mexico City and Monterrey are being scouted for BlueGrace Mexico, slated to open late 2023,” said Scott Schara, chief commercial officer at BlueGrace Logistics. “We’ll enable cross-border service offerings with a heavy focus on the CPG, automotive, electronics and appliances industries, eventually leaning into inter-Mexico transportation. BlueGrace’s nearshoring efforts are customer-led.”
BlueGrace ranks No. 73 on the TT100 logistics list.
