Mexico

There's much to gain from the nearly $2 billion in trade flows across the U.S.-Mexico border every day. Pacific trade lanes remain stifled by west coast port congestion, the ongoing COVID-19 pandemic and the trade war between the United States and China. These past-year developments have led many...

Today's risk-averse transportation landscape inhibits profit maximization for many companies eager to gain an advantage. It only makes sense that shipping a high-value commodity would bring in more revenue, but the risks involved often scare away carriers and brokers from hauling these loads in...

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: More investment, manufacturing jobs for Mexico; new 3,000-acre logistics hub for Texas; TUM Logistics acquires 110 Kenworth tractors; and CBP seizes 6 kilos of DMT en...

This July marks the first anniversary of the adoption and implementation of the United States-Mexico-Canada Agreement (USMCA). The agreement has brought about new opportunities for cross-border trade; is your organization taking advantage of these changes? With close to $2 billion in trade...

What Happened: Not long after Mexico’s third-richest man Ricardo Salinas Pliego announced he was working to make his bank Banco Azteca the first in the country to accept Bitcoin (CRYPTO: BTC), the government issued a statement of its own invalidating his claims. In a presentation to the...

Land and ferry border crossings between the United States, Canada and Mexico will remain closed to nonessential travel until at least July 21. U.S. Homeland Security (DHS) announced the border closure extension Monday. Commercial trucks will continue to move freely across the borders, as the...

Mexican authorities said they have recovered most of a shipment of bullets stolen from two U.S.-bound tractor-trailers in central Mexico June 9. About 5 million bullets were found in the Mexican municipality of San Luis de La Paz in the state of Guanajuato, about 19 miles from where the bullets...

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After going virtual last year because of the coronavirus pandemic, the Modernization of Cross Border Trade annual conference returns Thursday as an in-person event in Laredo, Texas. Borderless Coverage powered by Reliance Partners and the Laredo Motor Carriers Association are hosting the fourth-...

The multibillion-dollar North American automotive sector, which includes one of the largest components of U.S.-Mexico trade, could dramatically change as many automakers make a substantial shift to manufacturing electric vehicles. On April 30, General Motors (NYSE: GM) became the first U.S....

Aeroméxico Cargo launched a route Saturday between Wuhan, China, and Mexico City, becoming the first regular service from the Chinese mainland to Latin America, according to a release. The twice-a-week service could handle as much as 3,500 metric tons of cargo annually between Wuhan-Tianhe...

Pfizer Inc. (NYSE: PFE) has started exporting COVID-19 vaccine doses produced in its U.S. plant to Mexico, Reuters reported Thursday, citing a person familiar with the matter. What Happened: The shipment of vaccine doses from Pfizer’s Kalamazoo, Michigan plant to Mexico is the first export...

General Motors Co (NYSE: GM) is now planning an investment of more than $1 billion in a Mexico manufacturing plant to make electric vehicles as early as 2023, much to the ire of the U.S. union supporting home production, CNBC reported on Thursday. What Happened: GM is planning the investment in its...

One of the top-performing SPACs of 2020 was a direct-to-consumer company in Mexico that most investors probably have never heard of. With a large marketing push, acquisition and international expansion coming, the stock could be in for a strong 2021 as well. About Betterware de Mexico Betterware de...

Canadian Pacific Railway will buy out Kansas City Southern in a merger that CP says will create the first U.S.-Mexico-Canada railroad. What Happened: Canadian Pacific Railway Limited (NYSE: CP) and Kansas City Southern (NYSE: KSU) on Sunday announced that they have entered...