News / New USMCA trade deal could increase demand for near-shoring

© Khunaspix Dreamstime.

A combination of coronavirus and the new USMCA trade agreement in North America is enticing increasing numbers of US shippers to consider nearshoring their supply chains.

David Henry, head of Mexico operations at US 3PL GlobalTranz, told The Loadstar supply problems in the early stages of the pandemic had exposed the supply chains of many manufacturers, particularly in the automotive industry.

“In terms of the USMCA agreement, we will see increased demand for shipping in and out of Mexico, and we are already ...