As the U.S. trucking industry grapples with an ongoing freight recession, nearshoring has offered some hope for the industry that moves more than 70% of goods across North America.
Truck border crossings between Mexico and the U.S. have consistently increased over the past year. After the pandemic-era shipping struggles upended cross-ocean supply chains, more manufacturers moved production to North America. While nearshoring isn’t yet a game-changer for U.S. trucking fleets, analysts expect the growing momentum and revised supply chains will pay off this industry down the road.
See also: As U.S.-Mexico trade increases, Ryder expands operations around Laredo Port
Kevin Jones, FleetOwner's editorial director, joins Endeavor Business Media affiliate Industry Week's Production Pulse video chat to discuss nearshoring and share his thoughts on its impact on U.S. trucking.