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Saia and Fletes Mexico, the country’s fifth-largest carrier, have agreed to exclusively carry each other’s cross-border LTL cargo, the companies announced Monday.
Saia will carry the U.S.-bound cargo of Fletes Mexico’s LTL unit, Carga Express, while Carga Express handles Saia shipments to Mexico, the companies said. Terms of the deal were not disclosed.
“Our customers will benefit from Carga Express’ network of distribution centers and their commitment to providing premier LTL services to and throughout Mexico,” Saia Vice President of International Juan Barroso said in the release.
The deal represents an investment in cross-border shipping, which has been a bright spot in an otherwise gloomy trucking environment. Saia, which acquired a Laredo, Texas, terminal in the Yellow Corp. bankruptcy auction, is among several trucking companies, including Ryder System, that have ramped up their U.S.-Mexico operations to capture some of the cross-border growth.
Fletes Mexico customers will greatly benefit from Saia’s extensive terminal network in the US, CEO Miguel Gomez said in the announcement.
“[W]With access to our network throughout Mexico, we will be able to offer Saia’s US customers unparalleled cross-border service to the north and south,” said Gomez.