Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Chip shortage sinks Mexican auto exports in July; Bennett Motors acquires American Eagle Logistics; Yokohama opens new distribution center near Dallas; and meth, fentanyl worth $13M seized at Otay Mesa port of entry.
There are a couple of trends shaking up the automotive industry in the years ahead. Outside of digitization and electrification, one trend often gets left out: the growing reliance on Mexico and cross-border trade. As OEMs relocate manufacturing down in the South, suppliers are starting to follow in their footsteps.
After a disruptive year, Mexico’s automotive industry hopes to revive a manufacturing sector depressed by the pandemic, along with shortages of vital components and energy for factories.
ANPACT reported the total number of heavy-duty trucks, medium-sized trucks and buses sold during the first four months of the year was 6,495, a decrease of 48.1% compared to 12,521 units sold during 2019.
