Formation Interests has begun construction on FORM375 at Paso Del Norte — an 802,604-square-foot industrial park in El Paso, Texas, featuring a 513,074-square-foot cross-dock facility. Trade at El Paso’s Bridge of the Americas hit $3.19 billion in February 2026 (+86.66% YoY), driven by electronics and vehicle flows with Mexico. Hutchison Ports invested $17.5M in electric cranes at Manzanillo, targeting 54.6% Scope 1&2 emissions cuts by 2033. Burlington Stores broke ground on a 2-million-square-foot AZ distribution center opening in 2028.
According to FreightWaves, Formation Interests has broken ground on FORM375 at Paso Del Norte, an 802,604-square-foot industrial park in El Paso, Texas, adjacent to the Zaragoza port of entry.
El Paso’s Cross-Border Industrial Expansion
The project comprises four industrial buildings, anchored by a 513,074-square-foot cross-dock facility designed to accelerate freight movement between the U.S. and Mexico. Located next to one of North America’s busiest inland trade corridors, the development targets “last-mile” friction reduction by co-locating logistics and manufacturing operations directly at the port of entry. Formation Interests CEO Adam Herrin stated:
“At a time when global supply chains are rapidly shifting, the opportunity to develop this site could not have occurred at a better time,”
citing El Paso’s proximity to Ciudad Juárez and its expanding manufacturing base.
Trade Volume Surge and Electronics Dominance
Trade data from WorldCity shows that total trade at El Paso’s Bridge of the Americas reached $3.19 billion in February 2026, an 86.66% year-over-year increase. Exports totaled $1.67 billion, while imports amounted to $1.52 billion. Mexico accounted for $2.72 billion of that volume — representing the port’s top trading partner by a wide margin. Key export categories included computer parts ($463 million) and computer chips ($250 million); top imports were computer parts ($441 million), computers ($246 million), and passenger vehicles ($204 million). The El Paso port ranked No. 10 among U.S. border crossings and No. 33 across all U.S. ports of entry, accounting for 0.71% of total U.S. trade.
Zero-Distance Logistics and High-Power Infrastructure
FORM375 is marketed as a “zero-distance” logistics solution, aiming to cut transit times and costs tied to border congestion — where crossing delays regularly exceed two hours. The campus includes infrastructure tailored for high-power users, such as semiconductor and AI-related manufacturers. It leverages a 2.5 million-strong binational workforce supporting manufacturing on both sides of the U.S.-Mexico border.
Mexico Port Modernization: Manzanillo Electrification
Hutchison Ports TIMSA is investing more than $17.5 million to upgrade operations at Mexico’s Port of Manzanillo. As part of the initiative, two electric mobile harbor cranes arrived on April 15, 2026, aboard the vessel BBC Aquamarine. Each crane handles vessels up to 15,500 TEUs, lifts 100 tons, and reaches across 22 container rows. The additions bring the terminal’s total crane fleet to eight units. Hutchison Ports’ net-zero strategy targets a 54.6% reduction in Scope 1 and 2 emissions by 2033. The company operates six terminals across four seaports and one inland port in Mexico, serving 20,000 customers globally.
Southwest Retail Logistics Expansion
Burlington Stores (NYSE: BURL) has begun construction on a nearly 2 million-square-foot distribution center in Buckeye, Arizona — located in the Westpark 360 Industrial Park. The facility is scheduled to open in 2028 and will serve as one of the retailer’s most advanced logistics hubs in the Southwest.
Source: FreightWaves
Compiled from international media by the SCI.AI editorial team.
