Press

The logistics funding wave comes alongside an increase in awareness of the workings of supply chains, which has only bolstered the investor community, said Victoria Sun, principal at VC Playground Global.

Nuvocargo launches more efficient cross-border billing solution; Mexico implements new customs requirement; Freightcar America expands manufacturing plant in Mexico; and Morrison Express Corp. expands in Dallas area.

Endeavor selected 11 entrepreneurs leading six companies at the 18th Virtual International Selection Panel (vISP) held August 23-25, 2021. Endeavor now supports 2,208 entrepreneurs leading 1,375 companies in nearly 40 markets around the world.

When a buyer of materials, products, or services encounters an especially valuable provider, it’s important to recognize that entity. Hence, Supply Chain Brain's annual focus on “100 Great Supply Chain Partners.”

El ecosistema emprendedor es testigo de cómo la disrupción está transformando a las industrias más tradicionales, impactándolas al grado de cuestionarnos cómo podíamos concebir estas actividades antes de esa irrupción. Los nuevos Emprendedores Endeavor, Deepak Chhugani y Sam Blackman, lo demuestran con su empresa Nuvocargo, dedicada al comercio transfronterizo entre Estados Unidos y México, potencializado con el poder de la tecnología, para hacerlo más ágil, dinámico y transparente.

Phillips Industries, Grupo Industrial Saltillo, Stanley Black & Decker Inc. and Whirlpool Corp. join a recent wave of companies spending money and creating manufacturing jobs south of the border. The latest round of investments totals more than $200 million and will create 3,100 jobs. Jorge Canavati, principal at J. Canavati & Co., said the recent investments by companies in Mexico are a “good example of regional economic integration.”

In 2020, venture capitalists invested over US$4 billion in Latam-based projects for a record-breaking 488 deals. The winds of change are at our backs and opportunities are there for the taking.

"The US-Mexico corridor is the largest in the world, and there are so many opportunities to grow and improve what has traditionally been a fragmented, largely offline market," said Nigel Morris, managing partner at QED.

Nuvocargo is featured in the LogTech Map 2021.

Mexico Business Review 2021 presents a general overview of some of the country's most prominent industries and the strategies that their leaders have implemented to thrive in uncertain times.