Uber Freight has announced it will expand its cross-border operations to capitalise on the nearshoring boom.
The Chicago-based logistics platform has seen significant growth, reporting a 77 per cent year-over-year increase in cross-border business from shippers and more than 2,000 daily shipments.
Mexico has emerged as a key hub for international trade. In response, Uber Freight is enhancing its capabilities with new leadership, expanded office locations and robust infrastructure to provide shippers with seamless and efficient cross-border operations.
Mexico’s freight and logistics market hit $128.10 billion in 2023, and is projected to grow to $171.40 billion by 2029, driven by the nearshoring trend that’s transforming supply chains across the region.
“As nearshoring transforms supply chains and cross-border trade expands, our priority is ensuring that our shipper partners have the resources and support they need to thrive in this evolving landscape,” said Founder and CEO of Uber Freight, Lior Ron. “By deepening our presence in Mexico and strengthening our team with industry-leading talent, we’re committed to making cross-border logistics simpler and more efficient for our customers, helping them unlock new growth opportunities and navigate challenges with ease.”
With more than 1,300 employees dedicated to cross-border operations and nearly 300 new team members joining this year, Uber Freight has strengthened its leadership and deepened its presence across Mexico. In July 2024, the company opened a new office in Nuevo Laredo, Mexico, bringing its total number of cross-border locations to 10, including Mexico City, Monterrey, Queretaro, Manzanillo, Saltillo, Tijuana, and Laredo, Texas.
This year, Uber Freight appointed Jesus Ojeda as Executive Vice President of Mexico in July 2024.
“We’re in the midst of one of the biggest cross-border logistics booms in history, and demand is only set to increase,” Ojeda said. “Our latest investments, including the launch of our Innovation Center in Mexico City, reflect our dedication to driving technological advancements and delivering cutting-edge logistics solutions.”
In other news, TIP is accelerating its move towards decarbonised refrigeration transportation in the UK.
