First cross-border Mexican fleet updates costs of doing business in U.S.

Monterrey, Mexico-based Olympic Transport is no stranger to U.S. interstates and highways. In 2007, The 140-truck flatbed fleet became the first Mexican carrier to earn conditional operating authority to haul freight to the United States and Canada.

Fernando Paez, owner and chief executive officer, started the company 29 years ago when he traveled to the United States to purchase his first truck at a Freightliner dealership in San Antonio, Texas.

Today, roughly 95 percent of Olympic Transport’s revenues come from its cross-border trucking operation. Eliminating the chain of custody and providing a one-source transportation solution for freight originating from or going into Mexico has provided the company a competitive advantage, but participating in the cross-border program isn’t without challenges.

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