Press

COVID-19, introduction of USMCA, and added tariffs all pose hurdles to efficiency for shippers in North American trade lanes.

COVID-19, introduction of USMCA, and added tariffs all pose hurdles to efficiency for shippers in North American trade lanes.

Tumbling oil prices and manufacturing shutdowns have slowed truck traffic at the border, leaving fleets with no clear path of what comes next.

At the Mexico-U.S. border, some truckers are carrying just one full load south for every seven full northbound trips, well below the usual three-to-one ratio, according to data from freight forwarder Nuvocargo.

Freight-forwarding startup Nuvocargo raised $5.3 million in seed funding to support the growth of its trade routes across the U.S.-Mexico border.

Nuvocargo is a fast-growing startup applying software and modern communications to one of the world’s largest markets — moving freight from Point A to point B.

A second technology-based cross-border freight broker has received venture capital funding in as many months, with New York-based Nuvocargo landing a $5.3 million seed round Thursday.

Nuvocargo has raised a $5.3 million seed round for a managed marketplace for door to door freight transportation, serving trade routes between the United States and Mexico.

Even before the COVID-19 pandemic interrupted trade lanes between China and the rest of the world earlier this year, the trade war between the US and China prompted manufacturers and supplier to explore alternate supply chains and avoid costly tarrifs.

This great piece from the Wall Street Journal details how logistics firms are keeping goods moving during the COVID-19 crises. Some advice from the article from warehouse managers: Social distancing inside Distribute protective gear for workers Stagger breaks and lunch hours to minimize the amount of people in break rooms at one time Don’t allow inbound drivers to enter the warehouse Instruct drivers not to help customers break up freight.