UBER Freights opens a new location in Nuevo Laredo, Tamaulipas

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Trade experts said any appreciation in the peso’s value against the dollar could affect everything from trucking freight rates to the cost of exports from Mexico. (Photo: Jim Allen/FreightWaves)

Uber Freight expands reach, and services across Mexico with a new location

Uber Freight wants a bigger piece of the booming cross-border Mexico freight pie.

The company recently opened a new office in the Mexican border city of Nuevo Laredo and has expanded its workforce in the country. Uber Freight also recently appointed Jesus Ojeda, who led customs solutions as senior vice president at Transplace before its acquisition by Uber Freight, as executive vice president of Mexico operations.

Last year, the company achieved 77% growth in U.S.-Mexico cross-border business, managing more than 2,000 daily shipments and processing over 25,000 monthly customs entries.

Ojeda sees the freight market between the U.S. and Mexico expanding even more in the future because of nearshoring — companies shifting production and manufacturing to Mexico to be closer to the U.S.

“Nearshoring, it’s a boom now in Mexico and in the U.S., and places like Laredo are hot spots for nearshoring,” Ojeda told FreightWaves in an interview. “We foresee organic growth with investments in Mexico. We have been able to attract new customers who are starting investments in Mexico and helping them to grow their company.

Also, our current customers and legacy customers that we have had for years – they are also expanding in Mexico, creating new plants, creating new production lines, improving their productivity, and producing more goods.”

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Source: Freight Waves

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