In an insightful FreightWaves article, “Borderlands: Cargo insurance can boost cross-border operators’ business,” Mark Vickers, executive vice president and head of international logistics at Reliance Partners, sheds light on the complexities and benefits of cargo insurance in the Mexico-U.S. trade corridor. The article emphasizes the crucial role of cargo insurance in safeguarding cross-border operations, especially …
In a recent article for Global Americans, Mark Vickers explains: “According to data published by Mexico’s federal government that was compiled and analyzed by Reliance Partners, during the first nine months of 2023, Mexico reported 6,030 hijackings, up over 8 percent from 5,578 during the same period of 2022. Mexico’s largest industrial business chamber, CONCAMIN, calculates that cargo …
Borderless Coverage is excited to bring you a summary of our recent podcast appearance on the “Logistics of Logistics” podcast, where our very own Mark Vickers, Executive Vice President and Head of International Logistics, discussed Mexico transportation risk with host Joe Lynch. Key Takeaways from the Podcast In the “Logistics of Logistics” podcast episode, Mark …
Late summer and early fall of 2023 have brought attention to a growing concern in Mexico – the alarming rise in cargo truck hijackings, particularly in Mexico State and Puebla. Two viral videos captured harrowing attempts by criminals to block roads and hijack cargo trucks in these states. These incidents shed light on the escalating …
Cargo hijacking is a major risk for foreign companies moving freight via highways in Mexico. As part of our in-house research for our Borderless Coverage program, Reliance Partners analyzed publicly available data from Mexico’s federal government’s National Public Security System crime database. We found that the total number of hijackings recorded increased 11% y-o-y …
Borderless Coverage is honored to share a remarkable moment that highlights the expertise and insights at Reliance Partners and Borderless Coverage. Mark Vickers recently took the spotlight on an episode of, “What The Truck?!?” Mark Vickers, EVP and Head of International Logistics at Reliance Partners, shines light on cargo risk originating from Mexico. With his …
In a bold move that could have far-reaching implications for supply chains connecting the United States and Mexico, truckers in Mexico are gearing up to stage a nationwide protest and disrupt critical trade routes. Fueled by mounting concerns over security issues on Mexican highways, the Mexican Alliance of Carrier Organizations (AMOTAC) is spearheading this movement, …
Discover essential insights to safeguard your nearshoring investments in the compelling feature article by Mark Vickers on BNamericas. With a wealth of experience culminating in the creation of Borderless Coverage, Vickers delves into the intricacies of Mexico’s nearshoring boom. While the potential for growth is significant, the article emphasizes the critical issue of organized crime’s …
In today’s interconnected world, cross-border trade plays a crucial role in the global economy. As businesses expand their reach, so do the challenges they face. One of these challenges, particularly pertinent to the insurance industry, is the rising threat of organized crime-related cargo truck hijackings. Recent developments reported by the Mexican news magazine, Proceso shed …
In a recent report from NVI, it has been revealed that incidents of cargo truck robberies have been escalating on the Etla-Oaxaca highway. This troubling trend has caused concern among authorities and businesses alike, with multiple incidents being reported in the region. The article highlights the increase in brazen attacks on cargo trucks transporting valuable …