Resources

Shipper | Market updates 2 min. read

Laredo-Columbia Bridge to Double Lanes to Boost Trade

The expansion aims to prepare the Laredo-Colombia Bridge for the expected growth of cross-border trade caused by nearshoring.

Share

Laredo City Council has approved the expansion of lanes on the Laredo-Colombia Solidarity International Bridge, which connects Texas and Nuevo Leon. The expansion aims to prepare the Laredo-Colombia Bridge for the expected growth of cross-border trade caused by nearshoring. This expansion will involve increasing the lanes from 8 to 16.

Laredo recorded $26.1 billion in two-way trade during July 2023, with Mexico commerce accounting for $25.4 billion, according to the latest U.S. Census Bureau data. It has accounted for 6.31% of U.S. trade. (add link to previous article)

The World Trade Bridge, at the Laredo Port of Entry, is the largest and only dedicated commercial crossing on the Texas-Mexico border. The Laredo–Colombia Bridge’s potential remains untapped due to the lack of direct connections between Monterrey and Colombia, according to a report by the Texas Department of Transportation.

World Trade Bridge in Laredo, TX

The Governments of Nuevo Leon and Laredo will equally finance this expansion and that once the technical work begins, each entity will notify their respective Federal Government.

The Laredo–Colombia Bridge currently has 5,500 crossings per day, compared to the 3,400 recorded in 2021. This expansion is part of the Master Road Plan, which is already in the making with several ongoing infrastructural developments, including the modernization of the Monterrey-Colombia Highway and the La Gloria Colombia Highway. The last one is scheduled to be inaugurated later this year.

Read article

Drive your business forward

Sign up to receive our industry leading newsletter with case studies and insights you can put to use for your business.

subscribe