WASHINGTON, July 16, 2024 (GLOBE NEWSWIRE) — The United States Mexico Foundation (USMF) and the U.S. Mexico Chamber of Commerce are proud to announce the launch of Bridge49: Nearshoring Technology Alliance. The initiative will initially bring together six leading B2B technology companies that are leaders in their fields to leverage cutting-edge technology and innovation to address key industry challenges in logistics, procurement, supply chain technology, modern finance and manufacturing along the U.S.-Mexico trade corridor.
This trade route (US-Mexico) is one of the largest and fastest growing in the world and has long needed solutions to make the most of emerging technologies to enhance existing processes. With annual trade expected to exceed $799 billion in 2023, the importance and size of this market cannot be overstated. The rise of nearshoring further accelerates the need for innovative solutions as companies seek to relocate operations closer to home to make their supply chains more resilient and efficient. This year has seen a clear shift in global trade dynamics as US imports from Mexico surpassed imports from China for the first time in over 20 years.
Founding Member Companies
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Auba (Website) predicts supply chain delays and disruptions before they have a financial impact.
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Marco (Website) A fintech platform revolutionizing international trade finance.
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NuvoCargo (Website) is a logistics and technology company modernizing the freight transportation process between the United States and Mexico.
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Prima (Website) manufactures customized products, executes complex industrial projects and simplifies sourcing from Mexico.
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Pulsar (Website) Industry 4.0 platform for real-time production management and OEE monitoring. Increase manufacturing productivity through reliable data.
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Convert (Website) uses digital twin technology to automate global customs operations for trusted trade.
Recognizing this significant opportunity and the huge gap that exists in cross-border technology, Bridge49 is committed to driving thought leadership and market solutions to maximize the potential of nearshoring and bring more businesses and individuals to the vibrant North American economic region. By identifying critical industry needs, we drive the agenda for better solutions and closer collaboration in the private and public sectors.
Developing and sharing knowledge and thought leadership: Bridge49: Nearshoring Technology Alliance We create and share white papers, reports, and research to provide valuable insights and best practices in the nearshoring industry. By providing thought leadership, we aim to educate and inform companies on the latest trends and innovations in US and Mexican operations.
Collaboration with key players and companies: The Alliance works closely with industry leaders to bring its members’ solutions, and those of other technology companies, to a wider audience. This is achieved through participation in conferences, customer advisory boards and executive roundtables, ensuring innovative solutions reach more businesses and nearshoring operations improve every day.
“Nearshoring is the future of U.S.-Mexico trade, and Bridge 49 is dedicated to leading the way with innovative solutions. By bringing together the top technology companies from both countries, we are creating a powerful hub of knowledge and resources that can tackle the unique challenges of cross-border trade.” “We are pleased to partner with the U.S.-Mexico Foundation to bring these technologies to the U.S.,” said Enrique Perret, board member of the U.S.-Mexico Foundation and chairman of Bridge49: The Nearshoring Tech Alliance.
“There’s a lot of work to do to remove barriers to entry, especially in the logistics and technology sectors, and we need to move fast. We want to create connections between growing companies and leaders at larger enterprises to unlock the full potential of nearshoring.” “We are pleased to welcome this important milestone to Mexico,” said Pedro Casas Alatriste, executive vice president and general director of the Mexican-American Chamber of Commerce.
To join Bridge49 and stay updated on our efforts, contact us at bridge49@usmexicofound.org. Stay tuned for upcoming meetings, events, and webinars that will showcase our progress and provide opportunities for collaboration. here.
If you’re a technology company interested in joining this effort, please get in touch – we’re always looking to expand our membership and open niche working groups.
About Bridge49: The Nearshoring Technology Alliance
Bridge49: Nearshoring Tech Alliance is a pioneering initiative fostering innovation and collaboration across the US-Mexico border. In partnership with the US-Mexico Foundation and the US Chamber of Commerce/Mexico, we bring together leading B2B tech companies to drive advancements in logistics, procurement, supply chain technology, modern finance and manufacturing. Our mission is to leverage cutting-edge technology to develop and implement winning solutions in critical industries to strengthen trade relationships and maximize the economic potential of the North American region.
Media Contact
For further inquiries, please contact us at the address below.
Email: bridge49@usmexicofound.org
