We’re proud to share that Sam Burkhan, CEO of ITF Group, was recently featured in an exclusive FreightWaves interview, where he provided valuable insights into the future of U.S.-Mexico cross-border trade.
As global trade evolves, Mexico remains a key partner for U.S. businesses seeking efficient, cost-effective supply chain solutions. Despite potential challenges, including tariff uncertainties, Mexico’s unique advantages—such as a skilled workforce, geographic proximity, and robust trade agreements—continue to attract investments and bolster cross-border trade.
Mexico’s Strength as a U.S. Trading Partner
With a population of nearly 130 million and a stable economy, Mexico has become one of the largest manufacturing hubs in the world. According to Sam Burkhan, CEO of ITF Group:
“Mexico is not just a neighbor; it’s a growing manufacturing powerhouse, with sectors like aerospace thriving and infrastructure investments driving growth. Mexico will continue to be one of the U.S.’s main trading partners.”
From January to November 2024, U.S.-Mexico trade totaled an impressive $776.05 billion—a 6% year-over-year increase—solidifying Mexico’s position as America’s top trading partner for the majority of the year.
Adapting to Tariff Uncertainty
The potential for increased tariffs, such as those proposed by former President Donald Trump, has raised concerns among businesses. However, experienced logistics professionals, including those at ITF Group, emphasize the importance of staying calm and focused.
“Do not panic. We’ve managed these kinds of tariffs in the past,” says Burkhan. “By carefully monitoring industry trends and diversifying sourcing strategies, businesses can mitigate risks and adapt to changing conditions.”
Some proactive strategies for navigating tariffs include:
- Diversifying supply chains: Explore alternative sourcing locations to reduce dependency on a single market.
- Transparent supplier communication: Proactively renegotiate terms to share costs and minimize disruptions.
- Exploring financing options: Leverage flexible solutions to offset potential tariff impacts.
While reacting to trade policies can be challenging, Burkhan advises businesses to consider the long-term implications of their decisions. “Shippers may try to avoid tariffs by changing suppliers or regions, but they must weigh those choices carefully to avoid higher logistics costs.”
ITF Group’s Commitment to Cross-Border Efficiency
As an asset-based 3PL with over 400 trucks, 1,600 trailers, and 500,000 square feet of warehouse space across two Missouri distribution centers, ITF Group is uniquely positioned to support businesses navigating the complexities of cross-border trade.
Our expertise and resources help shippers optimize their supply chains, adapt to evolving market conditions, and stay competitive. Whether you’re expanding operations into Mexico or optimizing your current logistics strategy, ITF Group is here to help.
Ready to future-proof your supply chain? Contact us to learn how we can support your cross-border trade efforts.