Xcell Logistics Services announced the opening of an additional warehouse in Laredo, Texas. Recently acquired by Dallas-based B.I.G. Logistics, the new facility located at 502 Nafta Blvd will meet the growing demand for the company's logistics services in the region and further solidify B.I.G. Logistics' presence on both sides of the border offering critical north and southbound customs brokerage, transportation and warehousing services.
B.I.G. Logistics, LLC, a SecurCapital Corp portfolio company, is a leading third-party logistics provider (3PL) deploying a technology-enabled warehouse management IT platform in warehouses throughout Texas and Mexico with plans to open a Santa Teresa, New Mexico facility later this year.
Cedric Sosa, Xcell Logistics Companies CEO, said, " We are delighted to immediately expand our 3PL warehouse footprint in Laredo's crucial cross-border, high-demand market after our merger with B.I.G. Logistics.
He further offered, "We are in the right place at the right time," sharing compelling figures about the cross-border traffic awaiting the combined companies. "Year to date, Laredo represents 37% of trade by value between the US and Mexico with a figure of $243.8 billion. For importers and exporters on both sides of the border, Xcell Logistic Corporation in Mexico offers wide coverage of existing offices in all major ports of entry enabling cross-border, single turnkey solutions for our USA and global customers."
B.I.G. Logistics CEO Vinod Baliga added, "You can never have too many additional warehouses and cross dock facilities for our expanding customer base in Laredo. We have now completed our strategic Texas footprint, including a second facility in Laredo. B.I.G. now operates on the border with our legacy station in El Paso and added Laredo presence and our seven new Xcell stations in Mexico. This positions B.I.G. Logistics as a dominant supply chain solutions provider on both sides of the border."
Jointly, the companies offer pharmaceutical-licensed, 3PL cross dock and temperature-controlled warehouses, fulfillment, transload, customs brokerage, and operate Foreign Trade Zone (FTZ) facilities, light manufacturing, and e-commerce services. The new combined companies offer complete lifecycle management of international and domestic air, ocean, ground, custom brokerage, and project cargo.
Steve Russell, CEO, SecurCapital, said: "We're excited to rapidly expand our warehouse capabilities just weeks after the acquisition of Xcell Logistic Services in Laredo and Mexico. Our high-quality infrastructure logistics platform supports our Fortune 500 clients and active domestic and international agent networks as a clear logistics leader on both sides of the southern border."
