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Stock impact report

Borderlands: Cross-border logistics firms expand operations into Mexico [Yahoo! Finance]

Karat Packaging Inc. (KRT) 
Company Research Source: Yahoo! Finance
This week: Cross-border logistics firms expand operations into Mexico; Texas State Highway 130 toll road truck traffic up over 9%; Karat packaging opens new distribution facility in Arizona; and Pirelli opens Mexico training center, hits 50M-tire milestone. Cross-border logistics firms expand operations into Mexico Doubling down on nearshoring trends south of the border, Arrive Logistics and BlueGrace Logistics recently announced the opening of their first offices in Mexico. Arrive's new location in the Mexican city of Guadalajara is an 18,000-square-feet facility that will house both business development and carrier-focused teams specializing in cross-border solutions. The office will also include members of Arrive's global services team and technology organization. Guadalajara is in central western Mexico, about 330 miles from Mexico City. Officials with Arrive Logistics said increased trade between the U.S. and Mexico has raised demand for localized resources to service t Show less Read more
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