### DSV to Invest $90M in Laredo Distribution Center
DSV has announced plans to invest at least $90 million in the construction of a 905,000-square-foot distribution center in Laredo. As part of an incentive agreement with the city, the company has committed to creating a minimum of 178 jobs in exchange for up to $1.25 million in tax rebates over an eight-year period. To qualify for these incentives, the facility must be operational by 2028.
The distribution center will be located within Majestic Realty Co.’s Port Grande logistics park, situated about 15 minutes north of DSV’s current freight hub at 8310 Bob Bullock Loop.
Despite concerns over potential tariffs affecting U.S.-Mexico trade, companies continue to move forward with logistics investments in the region. Recently, a group of investors announced plans for two additional projects that will add 648,000 square feet of warehousing and logistics space to the area.
