Echo Global Logistics grows cross-border footprint as trade booms
Echo Global Logistics has opened recent locations in Texas and Mexico, as more global corporations are moving production south of the border to hunt a producing hub closer to the US.
Officials for the Chicago-based company said they’ve been managing shipping solutions along the U.S.-Mexico border for the past eight years, however the recent expansion puts boots on the bottom for the primary time in Mexico, with locations in Mexico City and Monterrey.
The corporate also opened a location in Laredo, Texas, and recently named veteran logistics industry executive Troy Ryley as president of Echo Mexico. Ryley said Echo already handles 1000’s of monthly shipments to and from Mexico and the number will grow with the expansion.
“Echo is clearly a really dynamic company. We work with over 50,000 transport providers, through about 35,000 clients,” Ryley told FreightWaves. “These clients have continued to work with us on the Southern border. For the last decade, Echo has actually had cross-border Mexico shipments that the corporate has handled, but they’ve handled it from a base in Chicago. Echo has made the choice to extend their investment and put boots on the bottom in Mexico, so we are able to further provide enhanced service for our clients.”
Founded in 2005, Echo Global Logistics is a worldwide provider of supply chain management services.
With the brand new locations in Laredo, Monterrey and Mexico City, Echo now has 29 operations across the U.S. and Mexico. Along with Laredo, Echo has Texas operations in Houston and Dallas.
Echo’s strategy follows similar recent moves or expansions in Texas or Mexico by other transportation providers and freight brokers, akin to Redwood Logistics, C.H. Robinson, Ryder System Inc., Arrive Logistics and BlueGrace Logistics.
Over the past several years, Mexico has emerged as one in all the important thing players in the worldwide supply chain. In 2023, Mexico surpassed Canada and China as the highest U.S. trading partner for the 12 months, totaling $798 billion in trade.
Mexico was also the highest U.S. trading partner for the month of January, with two-way commerce totaling $64.5 billion.
The port of entry in Laredo, Texas, was the No. 2-ranked U.S. trade gateway during January. Trade on the Laredo port of entry totaled $25 billion for the month.
Ryley said having a presence in Mexico will allow Echo to simplify brokerage services on either side of the border, together with helping shippers and carriers navigate customs and border crossings.
“We’re going to proceed to work on the identical product we deliver and handle today,” Ryley said.
“We provide freight brokerage, managed transportation, in addition to a bunch of other modes, akin to truckload, less-than-truckload, intermodal and expedited shipments all around the Southern border. In the longer term, we’ll incorporate those services also into cross-border. We just don’t have an actual timeline yet. Among the service that’s managed transportation, we actually do handle for clients cross-border out and in of Mexico, but not intra-Mexico. That’s one other product we’re also taking a look at, based on client demand, is an intra-Mexico solution.”
Maersk launches cross-border warehouse in Tijuana
Maersk, the world’s second-largest ocean carrier, announced it has opened a 322,900-square-foot warehouse in Tijuana, Mexico.
The ability will give attention to cross-border business, targeting customers within the technology, automotive, retail and lifestyle sectors, in accordance with a news release.
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Situated near the Port of Ensenada, Tijuana is emerging as a hub for international trade, particularly due to its proximity to the U.S. The warehouse in Tijuana increases Maersk’s logistics capability in Mexico to over 1.6 million square feet of space.
Denmark-based Maersk is a worldwide logistics company operating in greater than 130 countries, with around 100,000 employees.
Yokohama broadcasts $380M tire plant in Mexico
Yokohama Tire Corp. announced it’s constructing a $380 million tire plant in Saltillo, Mexico, to spice up its tire production capability for the North American market.
The plant will produce as much as 5 million tires a 12 months for passenger vehicles. Construction is scheduled to start within the second quarter, and the power will open in the primary half of 2027.
“This can be a clear signal that Yokohama is committed to the North American market,” Jeff Barna, Yokohama Tire Corp. president and CEO, said in a news release. “The increased production capabilities will complement existing global capability for tires destined for our region.”
Yokohama Tire Corp. is the North American manufacturing and marketing arm of Tokyo-based The Yokohama Rubber Co. Ltd.
Legendz Solution to open distribution center in North Texas
Legendz Way Distribution Solutions announced it’s going to open a 730,000-square-foot distribution facility in Midlothian, Texas, in May.
The ability will include 50,000 square feet of air-conditioned space and over 70,000 square feet dedicated to racking systems. Midlothian is 28 miles south of Dallas.
Legendz Way can have over 1 million square feet of logistics space once the Midlothian distribution center comes online, in accordance with a news release.
Grand Prairie, Texas-based Legendz Way Distribution Solutions is a third-party logistics company.
“This expansion is greater than just growing our space; it’s about fastidiously adapting our services to fulfill the distinct needs of every partner and client,” Jeff Doolin, Legendz Way co-founder and COO, said in a press release.
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