On Dec. 1, KCS announced that the blockades had officially come to an end. The Mexican economy has taken a hit due to the pandemic and the protests only added to the hurt.
FedEx and UPS are running into a van shortage amid a record surge in parcel volumes. As the number of packages increases during the holidays, carriers are finding themselves without vans to make final mile deliveries.
There is an ongoing race for EV domination as automakers across the globe push to be No. 1 in the EV market. Today’s focus? Tesla’s strategy to stay on top.
Detroit, like the rest of the U.S, is experiencing a resurgence of positive COVID-19 tests. However, the auto industry is projected to continue operations as normal thanks to effective virus protocols in place.
While critics who oppose the USMCA believe this deal will ultimately disincentivize automotive companies to keep manufacturing facilities in North America due to an increase in production costs, there are strong country-of-origin protections in place that we believe will intensify North American automotive production.
Protestors blocking ports and rail ramps in the Mexican state of Michoacán are disrupting Kansas City Southern de Mexico’s operations and damaging Mexico’s economy.
An increase in consumer demand is causing a container clog, with many ports and carriers running out of space. This surge has caused container prices to sharply increase, forcing automotive suppliers to pay a pretty penny for real estate on these large container ships.
