Rahul Oltikar
‘Just so big’: China’s outsize role in trade at Texas border crossings
Though well behind Mexico, China ranks second for international trade at the three largest United States-Mexico border crossings in Texas: Laredo, El Paso and Pharr.
Its status on the border is buoyed by imports of auto parts, cellphones, electrical circuit boards and other goods, say public officials and industry experts.
Teclo Garcia, Laredo’s economic development director, said cellphones were the top imports from China through Port Laredo during 2020.
“We had $1.16 billion in total trade with...
https://www.freightwaves.com/news/just-so-big-chinas-outsize-role-in-trade-at-texas-border-crossings
Mexican automakers hope to fire on all cylinders in 2021
After a disruptive year, Mexico’s light vehicle manufacturers hope to revive a sector depressed by the COVID-19 pandemic, as well as hampered by shortages of semiconductor components and energy for factories.
Some of the best opportunities for the industry’s recovery could come from U.S.-China trade tensions, along with changes initiated by the United States-Mexico-Canada Agreement (USMCA), said José Zozaya Délano, executive president of the Mexican Automotive Industry Association (AMIA).
“It is...
https://s29755.pcdn.co/news/mexican-automakers-hope-to-fire-on-all-cylinders-in-2021
Borderlands: Logistics provider expands operations in Laredo
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: JAMCO Group expands in Laredo; BTL picks Mexico for new auto parts plant; G-Global expands in El Paso; and agents seize $40 million in drugs in Texas and California.
Jamco Group expands operations in Laredo
The JAMCO Group, planning for an expansion of U.S.-Mexico trade, recently signed a long-term lease to occupy 500,000-square-feet at the Port Grande Logistics Port in...
https://s29755.pcdn.co/news/logistics-provider-expands-operations-in-laredo