Navigating Challenges, Embracing Innovation in Logistics

Q: What sectors is the company primarily focused on and in which sectors is looking to venture into?
A: Currently, the company has an 80% participation in the automotive sector, with its business and operations structured accordingly. However, it is seeking to balance its portfolio by expanding into other industries, including the beverage industry, electronics, aerospace and high tech.

Q: What are the main challenges in cross-border transportation and how does the company address these?
A: The company is the No. 1 leader in a model known as B1, which involves Mexican operators with B1 visas. Select Dedicated Solutions was a pioneer in this approach, which began 10 years ago. Additionally, the company has specialized in team driver services for expedited deliveries, with its entire fleet consisting of B1 operators. As a company we are encountering the same challenges faced by cross-border transporters, such as the search for qualified operators and balancing import and export demands. We tackle these challenges by focusing on regions where we have a strong presence, minimizing empty miles to within a 150-mile radius and utilizing team drivers to optimize productivity and meet customer needs.

Q: How are new technologies like artificial intelligence and blockchain impacting the logistics sector and how is the company adapting to this trend? 
A: The company acknowledges the potential impact and benefits of new technologies, including artificial intelligence. While Select Dedicated Solutions embraces technology to enhance its operations and provide convenience to its clients, it also emphasizes the importance of maintaining a human touch and personal connection. We continue to invest in technological systems and platforms while prioritizing customer service and client relationships. However, they recognize that other companies, like Uber, are more advanced in terms of technology and efficiency, especially in the spot market. Therefore, we aim to establish strong connections with technology-driven companies in the spot market to remain competitive.

Q: What are the company's plans in Mexico and the US? 
A: Select Dedicated Solutions is in an exciting stage of growth and making significant investments. It recognizes the growing transportation market and the advantage of being neighbors with the US. Currently, the company considers itself a specialized carrier, focusing on just-in-time deliveries, expedited services and automotive transportation. Its plans for this year include opening new offices in Guadalajara, Queretaro and Monterrey to be closer to its customers. The company also aims to expand its operations along the border, specifically in Nogales, Tijuana and El Paso, in addition to its existing crossings at Laredo and Piedras Negras.

Select Dedicated Solutions is a premier small-cap multinational trucking and logistics transportation company delivering FTL logistics and bonded services to customers in the US and Mexico.