Deal means that Congress in the coming weeks can take a straight up-or-down vote on the new United States-Mexico-Canada Agreement, a trade deal the three countries agreed to over a year ago.
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 fleet market in Peru for 2016 is forecast to be around 10% of total automotive sales of 171,000 units, which is a decrease from 2015.
FedEx Chairman and CEO Fred Smith warned that President-elect Trump's campaign promises to pull back on international trade agreements could be “catastrophic.”
In an in-depth Q&A, Automotive Fleet Editor Mike Antich discusses the ups and downs of the Mexican automotive market with Francisco Garza, GM Mexico vice president, vehicle sales, service, and marketing (VSSM) for Mexico, Central America, and Caribbean countries.
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 BMW Group will build a new plant in Mexico in close proximity to the city of San Luis Potosí.
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.
MEXICO CITY – An association of Mexican truckers said this week it is suing the United States for $6 billion in a dispute over the nation's refusal to allow Mexican haulers onto its roads as required by the NAFTA trade pact.