The export plant employs 2,000 workers and makes electronic parts used in vehicles manufactured by Chrysler, General Motors, Ford and others.
Volvo Cars is facing supply chain issues from factories in Mexico, according to CEO Hakan Samuelsson. Samuelsson said supplier issues in Mexico and lower demand for its S60 sedans were partly to blame for the Ridgeville, South Carolina, plant being idle since June 3. “First is the disturbances in the supply of parts from Mexico. […]
As part of a new nationwide anti-corruption initiative, Mexico’s land, air and seaports will be operated and monitored by the Mexican military.
Safran Group unveiled plans to open a new airplane-seat factory in northern Mexico, near the U.S.-Mexico border.
The United States-Mexico-Canada Agreement (USMCA) trade pact goes into effect Wednesday during one of the worst economic crises since the Great Depression.
Laredo, Texas-based Super Transport International is hauling everything from oilfield equipment and wind turbine blades to industrial biotrickling filters from Mexico to Canada.
Around 45,000 auto workers are on hold in Puebla, Mexico, as local authorities said they will not allow the automotive manufacturing industry to resume production over coronavirus fears.
The automotive industry is at a crossroads, with many companies aiming to reduce supply chain risk through nearshoring and supplier consolidation.
Mexico’s exports to the United States totaled $23.4 billion in April, a 41% decline compared to April 2019.
Mundi seeks to finance exporters by offering their clients the option to pay locally in 100 countries and 65 currencies.
“The Impacts of COVID-19 on the United States, Mexico, and Canada Cross-border movements” webinar was presented by the Transportation Intermediaries Association.
Tonnage slipped 12% during April at Port Houston, declining due to the coronavirus pandemic, officials said.
Mexico’s reopening will include a new four-color coding system in place by June 1 to tell people and businesses what activities will be allowed.
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.
President Donald Trump’s April 18 executive order aims to provide additional economic support for supply chains and manufacturers during the pandemic.
In March, 204,383 commercial vehicles crossed the World Trade and Colombia Solidarity commercial bridges in Laredo. It was 284 fewer truck crossings than in March 2019, a 0.1% decline.
The decline in cross-border freight is linked to the closure of truck-making and auto parts plants across Mexico to contain the coronavirus, as well as the March 30 executive order by Mexican President Manuel Obrador to close all nonessential businesses.
For the second time in a year, Port Laredo again ranks first among the nation’s more than 450 airports, seaports and border crossings.
In an effort to fight COVID-19, Laredo officials are requiring people to wear face masks when entering a public building, pumping gas, riding in public transportation or traveling by a rideshare vehicle.
The latest regional survey conducted by the Federal Reserve Bank of Dallas shows that general business activity for manufacturing in Texas declined to -70 in March.
