Mexico News Updates

Government, Business, Logistics

Mexico Warns Against ‘Inflationary’ US Tariff Plan

Donald Trump’s threat of 25% tariffs on Mexico and Canada would cost the U.S. economy as many as 400,000 jobs and increase prices for American consumers, according to the Mexican government.

November 27, 2024
Government, Business

Citigroup: Trump Tariffs to Drive Up Aluminum, Steel Prices

President-elect Donald Trump’s plan to impose 25% tariffs on all goods from Canada and Mexico will push up steel and aluminum prices across the U.S., according to Citigroup analysts.

November 26, 2024
Government, Business, Equipment, Logistics

New Arizona-Mexico Commercial Port Gets $275M Contract

The U.S. General Services Administration awarded a $275 million contract to create a large commercial border crossing in Arizona to facilitate bilateral trade with copper mines in Mexico.

October 29, 2024
Business, Logistics

Uber Freight Ups Cross-Border Business as Nearshoring Booms

The Chicago-based logistics platform has seen significant growth, reporting a 77% year-over-year increase in cross-border business from shippers and more than 2,000 daily shipments.

October 22, 2024
Government, Business, Technology, Fuel

Mexico Aims for Locally Made EVs to Rival Imports

Sheinbaum, a former energy researcher who made the small car part of her pledges in her Oct. 1 inauguration address, said the goal is for all components to be made locally.

October 11, 2024
Business, Logistics

Femsa Offloads Logistics Operations to Grupo Traxion

Mexican behemoth Fomento Economico Mexicano has agreed to sell logistics operations to Mexican trucking firm Grupo Traxion for $205 million as the conglomerate continues to shed assets.

October 11, 2024
Business, Logistics, For-Hire

Hub Group: Easo Deal Forms Largest US-Mexico Intermodal Firm

Hub Group will team up with Mexico City-based Easo in a cross-border and intermodal joint venture, the companies said Oct. 8.

October 9, 2024
Business, Technology, Logistics

Startup Cargado Unveils Load Board for US-Mexico Freight

The startup firm, which quietly launched its load board on April 1, publicly announced the product on Sept. 23 with more than 50 logistics customers actively using the platform.

September 23, 2024
Government, Safety

Truckers With Dogs Returning From Outside US Need New Form

Truckers who take their dogs back and forth between the United States and either Canada or Mexico will soon be required to complete a federal form that asserts their pets are at low risk of carrying rabies back into the country.

July 22, 2024
Government, Business, Fuel

US Cites Threat of Chinese EVs Made in Mexico as Trade Worry

The Biden administration is keeping an eye on attempts by Chinese companies to export cars from Mexico into the United States.

May 14, 2024