Third party logistics provider Penske Logistics has established a headquarters for its growing Mexican operations in Saltillo. The company has also appointed Michael Casidy (pictured) to the newly created position of managing director for Mexico.
Penske has been present in Mexico for 17 years, and has built up a strong presence in the country as well as for managing cross-border flows to and from the US. “Over the last several years, we have continued to experience growth with manufacturing customers in Mexico that until now we have managed from the US,” said Marc Althen, president of Penske Logistics. “Our concentration and volume of business is now significant enough with several leading manufacturers to warrant a more-formalised and centralised leadership structure within Mexico.”
Michael Casidy takes over as managing director in Mexico after 14 years with the company, most recently in Texas where he was the product line leader in Penske’s western region for distribution centre management.
“We see a significant opportunity to grow our business and diversify the kinds of industries we serve in Mexico beyond the automotive sector,” Althen added.
Casidy holds a bachelor’s degree from the University of Kansas. He is a certified Six Sigma Green Belt and holds a Lean Certification from Georgia Tech.
Penske Logistics currently employs approximately 1,100 associates in Mexico at more than a dozen, including more than 110,000 square metres of warehousing space.
At last week’s Automotive Logistics Global conference, Hector Benavides, general manager of operations for Penske Logistics in Mexico, said that growth in border operations, along with security concerns, could make border crossing slow. “However, we can send documentation in advance for pre-clearance, and cross the border in minutes,” he said.
Real the full report here and a video feed from sessions, including Penske.