The new trilateral free-trade deal announced on Sept. 30 is allowing North American trucking operations to breathe easy again.
Trucking and logistics interests are keeping a close eye on talks to revamp the North American Free Trade Agreement begin this week – particularly those involved in the automotive industry.
The Motor & Equipment Manufacturers Association took part in a meeting with White House staff during which it sought information on possible changes to the North American Free Trade Agreement.
FedEx Chairman and CEO Fred Smith warned that President-elect Trump's campaign promises to pull back on international trade agreements could be “catastrophic.”
One of the perennial reasons given for order-to-delivery (OTD) delays is rail constraints. This has been an ongoing issue in the U.S., but, now, with the dramatic expansion of automotive production south of the border, rail constraints in Mexico will begin to play a greater role in fleet OTD discussions.
The order figure represents the single largest order month on record for DTNA, as well as sets the new industry benchmark in terms of order intake in a one-month period.
The BMW Group will build a new plant in Mexico in close proximity to the city of San Luis Potosí.
Sales were near the level reached during the recent peak in December 2013. With 31,256 units sold, this marks only the second month since 2007 that sales have exceeded 31,000 units.
Audi Mexico will source over 65 percent of all sourced parts for the Audi Q5 being built in at its San Jose Chiapa, Mexico, plant from North America, with this to increase to 90 percent in the long term.
Because of what some say are low safety standards of Mexican truckers, the United States has confined Mexican truckers to a narrow border area, raising fears of a trade war.
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