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Stock impact report

Mexican-built logistics startup WeShip sets sights on US expansion [Yahoo! Finance]

Movado Group Inc. (MOV) 
Last movado group inc. earnings: 3/26 06:45 am Check Earnings Report
US:NYSE Investor Relations: movadogroup.com/investor/index.cfm
Company Research Source: Yahoo! Finance
designed around real-world shipping pain points can compete in one of the world's most concentrated parcel markets. WeShip , a Monterrey, Mexico-based, multi-carrier shipping platform, is launching U.S. domestic parcel services in 2026 as the first phase of a broader strategy that ultimately includes U.S.–Mexico cross-border shipping and freight services, co-founders Luis Alanis and Adrian Galan told FreightWaves in an interview. WeShip's U.S. expansion will initially focus on domestic parcel shipping, serving existing customers that already operate on both sides of the border. The company plans to layer in cross-border parcel capabilities later, followed by freight services. Compared to Mexico's highly fragmented last-mile market, the U.S. parcel sector is dominated by just a few carriers — a dynamic the founders believe will simplify their rollout. “In Mexico there are many more carriers and integrations,” Alanis, WeShip's CTO, said. “In the U.S., it's more concentrated. We Show less Read more
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