Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: FedEx Logistics expands in El Paso, Texas; Stanley Black and Decker picks Mexico for new plant; Grupo TMM appoints new CEO; CBP officers seize $4 million worth of narcotics.
The ongoing US-China trade spat and subsequent US tariffs on $500 billion of Chinese goods has catapulted Mexico back to No. 1.
The new factories from Boston-based Creation Technologies, Austria-based Pollmann International and El Paso, Texas-based MFG Solutions, Luxembourg-based Ikano Industries, and Milwaukee Tools will create more than 3,400 new jobs in Mexico.
Five companies recently announced big plans in Mexico, including two new factories and several major expansion projects.
Kyungshin Cable makes wire harnesses used in the automotive industry for companies in Mexico, the United States and Canada.
Imports of auto parts, passenger cars and commercial trucks into Texas ports declined 23% through the first six months of the year.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Concern for China’s supply dominance of rare earth metals; CEVA Logistics to operate a warehouse for IKEA in Mexico; Coca-Cola FEMSA acquires 45 Kenworth trucks; Nikola’s new factory to rely on cross-border supply chain.
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.
