The U.S. Class I railroads say they’re ready to handle any influx of business that might occur at the U.S.-Mexico border as a result of nearshoring and shifting consumer patterns.
The trade deal between the U.S., Mexico and Canada (USMCA) helped to lay a foundation for continued trade among the three countries, while the coronavirus pandemic has raised some questions about expanding sourcing beyond China.
Tensions between the U.S. and China, as well as consumers’ preferences to access goods more readily, have also factored into the issue of nearshoring.
“With our network, capacity and expertise, BNSF’s Mexico intermodal service is well-positioned to help shippers take advantage of anticipated growth in the movement of consumer goods to and from Mexico,” Paul Hirsch told FreightWaves. Hirsch is the assistant vice president of the Mexico business unit for Western railroad BNSF (NYSE: BRK).
Hirsch said shifting trends in the U.S. and Mexico