RXO Taps Into ‘Nearshoring’ Boom With New US-Mexico Border Hub

RXO Inc., the freight broker spun off last year from trucker XPO, is opening a new Texas warehouse to capture increased shipments accompanying a boom in trade between the US and Mexico.

The 127,000 square-foot facility in Laredo, Texas, boasts 43 dock doors and will employ 25 people, RXO said Wednesday in a statement. It expects to invest $30 million in the logistics hub over a ten-year period as companies seek to shorten supply lines into the US market by relocating factories from overseas to Mexico.

“With the sharp uptick in demand for nearshoring, this state-of-the art ...