
The Port of Laredo is the top international trade port in the U.S., and by most accounts, it will grow much larger. Green Corridors, a newly unveiled public-private logistics initiative, received approval from the White House to construct, maintain and operate the cross-border IFTS that links Laredo, Texas, with Monterrey, Mexico. The system is designed to alleviate traffic congestion at the port of entry and in both cities while significantly improving security compared to the status quo.
The proposed Laredo to Monterrey project could reduce wait times for cross-border travel, improve supply-chain resilience and create additional capacity to support growing trade with Mexico.
The project introduces a complex software system, elevated guideways, freight terminals and an autonomous shuttle fleet that streamline heavy trade corridors.
The company is backed by a consortium of private-sector leaders, infrastructure partners, and logistics innovators, including the Swinbank family office in Houston, Druker Capital in New York and the Chang Robotics Fund in Jacksonville, Fla. It anticipates breaking ground within the next 36 months, and the first operations are estimated to commence in 2031.
The post Port of Laredo Targeted for Major Improvements appeared first on Connect CRE.
​Â