Mexican autos

Could more cars be made in America after USMCA?

A photograph of a BNSF train traveling through a snowy field.

The North American trade agreement ratified last year could encourage more motor vehicle production in the U.S., a representative for BNSF (NYSE: BRK) said last month on a panel about the new trade deal’s effect on the North American automotive market.

“As we look forward to the next decade, it will be very interesting — lots of change and lots of opportunities as we continue to support this market,” said David Fleenor, BNSF assistant vice president for automotive, during a session at last...

https://www.freightwaves.com/news/could-more-cars-be-made-in-america-after-usmca?

Today’s Pickup: U.S. factories in limbo as Mexican production plants remain shut

U.S. factories in limbo as Mexican production plants remain shut (Photo: Shutterstock)

Good day,

The U.S. companies that are resuming production after roughly a month of lockdown are now contending with a shortage of parts supply from Mexico. This is because production plants across Mexico remain widely shut due to the pandemic. Mexico is the largest trading partner of the U.S. as of last year, and the country is a major exporter of auto parts to the U.S. 

The turn of events has put U.S. manufacturers in a spot because they cannot resume operations if their Mexican suppliers remain...

https://www.freightwaves.com/news/todays-pickup:-us-factories-in-limbo-as-mexican-production-plants-remain-shut