PRIMO LEADING NEWS
Week October 10th to 13th, 2023
TRUCKING
Border Delays: U.S.-Mexico Trade Faces Disruption
October 02, 2023
U.S. companies relocating manufacturing to Mexico are encountering unexpected challenges due to border disruptions. Delays caused by factors like migrant surges and customs issues complicate the transportation of goods, highlighting the risks. These challenges include suspending operations, closing rail and truck crossings, and issues with Mexico’s customs system and secondary inspections.
PRIMO is here to guide your use of this new trend. Our team of cross-border logistics experts has deep knowledge of the US-Mexico-Canada trade corridors and risks. Our vendor’s compliance process ensures smooth, secure, and compliant import-export documentation.
TECHNOLOGY
DISRUPTIONS HIGHLIGHT THE VALUE OF SUPPLY CHAIN RESILIENCE, VISIBILITY
September 25, 2023
The COVID-19 pandemic severely disrupted global supply chains, leading many companies to adopt “just-in-case inventory management.” This overcorrection has resulted in soaring global inventories in various industries, complicating business planning due to volatile consumer confidence. In such a scenario, a more modern, responsive supply chain platform is crucial to build resilience and adapt to unexpected disruptions.
We are PRIMO, a different kind of partner, delivering the human touch and world-class tech with a robust platform that can provide services such as pricing, rating and routing, financial visibility, key account management, and quality control.
US AND INDUSTRY
ESTES EXPRESS LINES WINS YELLOW BID, EQUIPMENT REMAINS UP FOR GRABS.
September 22, 2023
Estes Express Lines has won the bid for Yellow Corp.’s terminals with a $1.52 billion offer, beating Old Dominion Freight Line’s offer. The bankruptcy dismantling of Yellow Corp. is significant, redistributing assets in the American trucking industry and impacting thousands of workers. The auction of Yellow’s equipment is set for October 13, 2023, with the potential to reshape freight capacities and real estate values in the sector.
PRIMO’s adaptive logistics solutions can navigate such market shifts, ensuring optimal results and addressing the pain point of limited capacity amidst supplier changes and turmoil.
UAW STRIKE EXPANDS, CAUSES TURMOIL THROUGHOUT THE AUTOMOTIVE INDUSTRY
September 25, 2023
The United Auto Workers union escalates strikes against GM and Stellantis, impacting parts and distribution centers and potentially hindering dealership repairs. Progress with Ford has halted further strike expansions. The union strategically targets to disrupt operations, maintaining flexibility for future actions. PRIMO’s efficient logistics solutions can alleviate disruptions, ensuring supply chain continuity and addressing the pain points of limited resources and the need for longer lead times in the automotive industry.
OTHER STORIES YOU SHOULD KNOW
PRIMO ENHANCES LOGISTICS MANAGEMENT, INTEGRATES PAYCARGO SOLUTION!
September 20, 2023
PRIMO is delighted to offer PayCargo, a transformative digital payment platform that simplifies logistics payment processes and ensures efficiency and convenience. This innovation allows users to manage transactions seamlessly, choose ideal payment methods, and say goodbye to outdated, time-consuming payment options, addressing the challenges of limited resources and overcomplicated logistics management.