Summary: If UPS-owned Coyote Logistics’ recent expansion is any indication, the NAFTA trade agreement between the U.S. and Mexico isn’t changing anytime soon. With daily commercial trade volume approaching $1.4 billion and Mexico’s domestic economy continuing to expand, business between the two countries will continue to remain active, political hyperbole notwithstanding.
The Atlanta-based shipping giant purchased Chicago-based Coyote Logistics in August 2015 in order to gain access to the freight-brokerage business and increase communications and transparency in shipping information technology via Coyote’s technology surrounding the same.
Opening an office in Guadalajara, Mexico, allows Coyote (and therefore UPS) to develop further its intra-Mexico operations and offer a wider array of services to existing and new customers, especially with Coyote’s extensive carrier network.
What does this mean? For Coyote and UPS, more business opportunities with and within America’s third-largest trading partner. For other businesses, more extensive shipping access to and within Mexico. And, on a general level, that business between the two countries will continue, with or without a wall. Read about it below...
Coyote Logistics opens up office in Guadalajara, Jalisco, Mexico
Chicago-based transportation management services provider Coyote Logistics, a subsidiary of transportation and logistics bellwether, UPS, said this week it has opened up a new office in Guadalajara, Jalisco, Mexico.
Company officials said that with this office, the company will be able to better assist Latin America-based customers, while continuing to provide shippers with truckload, less-than-truckload, intermodal brokerage, and transportation management services.
A Coyote spokeswoman told [Logstics Management] that the company has been working on this expansion for more than a year, with the idea behind it being to expand service offerings for its existing North American customers but to also gain scale within Mexico as well.
As for the biggest benefits of this expansion for shippers, the spokeswoman said the company can execute a broader, more complex array of services to existing and new customers in Mexico and North America.
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