By Anastasiia Kozlova
March 18 (Reuters) - Swiss logistics group Kuehne und
Nagel said on Tuesday it would open a new road
logistics facility in Texas, close to the Mexican border, to
meet growing demand for customs support between the United
States and Mexico.
Earlier in March, U.S. President Trump imposed 25% tariffs on
all imports from Mexico and Canada, then offered a month-long
reprieve on goods that comply with the USMCA, a regional trade
agreement.
When asked by Reuters if the move to open the site was
linked to Trump's increasingly protectionist trade policies,
Kuehne und Nagel said it was not directly related.
It added, however, that the new site in Laredo, Texas, would
help address the increased need for cross-docking and customs
brokerage at the U.S.-Mexican border. Cross-docking is the
practice of delivering goods directly to a customer without
storage.
Kuehne und Nagel said the site would help customers navigate the
complexities of "near-shoring", which is when companies
manufacture or source products sold in the U.S. closer to home
to speed up deliveries, cut costs and avoid trade issues that
have plagued global supply chains in recent years.
Retailers and consumer goods companies such as Walmart ( WMT )
and Nestle, for instance, have shifted to more
near-shoring.
The new site will be fully operational from mid-April.