In response to these shifts and changing customer preferences, nearshoring has gained prominence as a cross-border trade strategy. Supply chain nearshoring, a strategy intended to speed up supply ...

It responds to offshoring issues such as high freight costs and supply chain delays. Nearshoring benefits include better control over production and reduced cultural barriers. Key findings are ...

Mexico had a wild economic ride in 2024, with big foreign investment announcements but also a volatile peso and gloomy GDP ...

Where is the best place to locate manufacturing to minimize supply chain risk, maintain a low cost of goods sold, and ...

Nearshoring is not a novel concept, but the supply chain disruptions triggered by the pandemic, along with rising ...

Dallas Market Center debuted the Nearshoring America Expo this week. Connecting manufacturers and distributors in one ...

MEXICO CITY (Reuters) - Bank of America is bullish on its future in Mexico, according to the head of the bank's unit in the country, and stands to benefit from the so-called "nearshoring" trend even ...

The adjustment follows a reassessment of the company's prospects in the context of a growing demand for logistics and warehouse automation, influenced by a trend toward nearshoring. According to BofA ...

Mexico (both the public and private sectors) have much work to do to fully realize the benefits of the nearshoring opportunity, but it is moving in the right direction. Travis Bembenek is the CEO ...