FEMATRAC Strike, Cargo Theft Surge: The Week in Logistics
By Adriana Alarcón | Journalist & Industry Analyst -
Fri, 01/26/2024 - 09:30
This week, the Mexican Federation of Transportation and Freight Transport (FEMATRAC) announced a nationwide strike on Feb. 5, highlighting the escalating insecurity faced by the transportation sector. Mexico is grappling with a cargo theft crisis, as cases surged throughout 2023.
On a brighter note, emerging logistics firm Cargado secured US$3 million in pre-seed funding, to streamline cross-border logistics. Meanwhile, Freight Technologies (Fr8Tech) unveiled a partnership with Kawasaki Motores de Mexico to optimize transportation efficiency.
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FEMATRAC to Strike Nationwide on Feb. 5; Calls for Road Safety
FEMATRAC’s members will go on a nationwide strike on Feb. 5 in response to the escalating insecurity faced by the transportation sector in Mexico. The strike, which will impact several federal highways, aims to draw attention to persistent security concerns affecting the industry.
Cargo Theft Crisis: Cases in Mexico Surge by 3.9% in 2023
Cargo theft in Mexico grew 3.9% compared in 2023 to the previous year, reaching the highest level since 2020. The Executive Ministry of the National Public Security System (SESNSP) also reports a 2.82% annual rise in violent robberies, with 85.6% of all robberies involving violence.
Cargado Secures US$3 Million Pre-Seed For Cross-Border Logistics
Cargado, an emerging logistics company, successfully raised US$3 million in a pre-seed funding round, attracting investment from notable entities and individual investors. The funds will support Cargado's mission to streamline cross-border logistics, aiming to create a more seamless and efficient experience, while focusing on connecting all stakeholders in the logistics process.
Fr8Tech Allies With Kawasaki to Enhance Cross-Border Logistics
Fr8Tech allied with Kawasaki Motores de Mexico to enhance cross-border logistics. Kawasaki de Mexico says that this contract represents a strategic leap forward in its approach to logistics.
Bison Transport, CPKC Introduce New Intermodal Services
Bison Transport has entered into a new agreement with Canadian Pacific Kansas City (CPKC) to provide intermodal transportation services along CPKC's north-south corridor, further connecting Mexico, Canada, and the United States.
LG Expands HVAC Solutions with New Production Line in Mexico
LG Electronics inaugurated a new scroll compressor production line at its factory in Monterrey, Nuevo Leon. The new production line in Mexico aims to reduce the impact of logistical disruptions and create a more efficient supply chain for customers in North America.
Guadalajara Announces First Low-Emission Zone in Mexico
The Government of Jalisco is set to build the country's first low-emission zone (LEZ) in Guadalajara, in collaboration with C40's Climate Action Implementation Programme (UCAP CAI) and the UK government. This initiative aims to improve urban mobility by addressing air pollution, enhancing road safety, and reducing emissions in the city's metropolitan area.








