It’s been a busy year for cross-border trade, with everything from Mexico replacing China as the top U.S. trading partner to Tesla’s announcement that it would build a $5 billion electric vehicle plant in the Mexican city of Monterrey.
Other major headlines include the Mexican peso’s appreciation over the past year, nearshoring’s growth in northern and central Mexico, as well as cargo theft continuing to cause problems for commercial transporters across the country.
As 2023 comes to an end,...
https://www.freightwaves.com/news/the-top-us-mexico-business-stories-of-2023