Welcome to Mexicom Logistics
Dear Newsletter subscriber:
We're thrilled to bring you our third issue of this newsletter. The objectif of this newsletter is to provide you with quick, useful information for your business in Mexico. As a company, we value your opinion and we encourage you to contact us in case you have questions or comments.
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DHL Global Forwarding anticipates growing business in Mexico
Alex Granierwicz, director of the transportation division at DHL, expects that international trade from and to Mexico will heftily increase.
According to Mr. Granierwicz, Mexican trade with Asia and Europe will experience the most growth. "Our commercial fluxes show a positive tendency, especially with Germany, regardless of the unstable financial situation that reigns in Europe. Our market share has remained stable in most countries, and in some of them, it has increased significantly".
The attractive numbers that DHL has shown its stock holders are mostly due to comparative advantage that the company holds regarding the prices that it can offer to clients. "Our advantage is mainly on volume freight and consolidated merchandise. For example, we handle daily aerial trips for consolidated freight in Colombia and Brazil, and while most companies would charge customers by the box, we charge them by volume which gives us the comparative advantage".
According to the results reported by DHL, the Global Forwarding division increased its revenue by 4.9% going from 14.3 billion euros to 15 billion euros in 2011. The tendency for 2012 is more than positive according to analysts, whom predict the company`s growth to reach 10%.
Access Article Source: T21 |
Parties reach compromise to resuscitate fallen airline Mexicana
After a meeting between the Mexican government, stock holders, and the former Mexicana employee union, an agreement was finally reached.
The transportation and communication ministry (SCT) has agreed to overlook the technical procedures needed for Mexicana to obtain its licence to fly, as well as determine the financial capacities of potential investors.
Once all the agreement with the banks is set, Mexicana will be able to reassess its financial ability. A week after that Med Atl�ntica investors group will be able to purchase the assets of the company, allowing the white and green planes to fly again.
There is a meeting scheduled on Friday march 23rd between the mediator, Mr. Gerardo Bad�n Cherit, Mexicana union representatives, and members of the SCT which could potentially solve the issue with the aerial operator certificate aka licence to fly. This means that Mexicana could restart operations as early as May 2012.
Access Article Source: T21 |
Lowest manufacture cost in the world? ... Mexico!
In 2011, Mexico ranked 1st in the list of world's most affordable manufacture, outranking Vietnam, India and China. In 2005, China had the world's lowest manufacture cost, followed by India, Vietnam, Russia and Mexico.
The lowering of Mexico's manufacture costs is a tendency that started in 2007 and got heightened in 2010, when the country's manufacture cost was 28% lower than the US's. In 2011, manufacture was 21% cheaper in Mexico than in the US.
"Mexico delivers products at a lower cost than other emerging countries such as China, India and Russia. Mexico`s real estate costs are lower than those of China, which has also experienced an increase in transportation cost and rising pressure coming from the exchange rate of the Yuan", according to 2011's manufacture cost index by Alix partners.
According to Alix partners, China has lost ground in manufacture costs due to inflation and the strength of the exchange rate of the Yuan. The firm predicts that Chinese manufacture costs will match those of the US by 2015.
Ricardo Haneine, associate at AT Kearney, believes that Mexico is very competitive in the world`s market for manufacture. Nonetheless, he indicates that the country should focus on increasing worker productivity and giving more aggregated value to its manufacture: "The country must not lose sight of productivity and aggregated value per unit, whether it is per hour of per worker. This should give Mexico great positioning at the world's scale and a comparative advantage against other countries, that is if the value of the cost-adjusted productivity is higher that China's, India's and Vietnam's".
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Continuity in transportation and logistics
After organizing its first logistics forum, the Mexican Transportation Council (CMET) presented to the Communication and Transportation Ministry (SCT) its conclusions and it asks for continuity in regards to the projects spearheaded by the current administration.
Considering that there will be presidential elections in 2012, the CMET will invite the main political forces to hear their proposals in matters of transportation and logistics.
Using the information recollected during the "first international forum: Mexico, a logistics platform for the Americas", the council is planning to create a comprehensive document that will serve as the national program for logistics and transportation, which the will present to the 2012 candidate that wins the presidential race.
Access Article Source: Expologistica
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Trade Mexico / Canada 2011
Representation of the Mexican Ministry of Economics in Canada
Trade amongst ALENA partners
North America Region
THe Commercial fluxes of the Mexican/Canadian increased by 14.6% Reaching $34 billion USD, a record number. |
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Hyundai set to conquer Mexico
The Buses & Truck division of the Korean automaker is looking to open a plant in Mexico with hopes to conquer the local market.
Ra�l Hern�ndez Kim, Hyundai's commercial director in Mexico, indicates that the company is waiting to find the right moment and the right place logistically speaking to open the plant. Hyundai is also hoping that Mexican authorities will be able to offer them fiscal relief in order to speed up their decision.
According to Mr. Hern�ndez, Hyundai Buses & Truck would start operations as early as this year and hope that at the end of the year they would sell at least 250 units. Hyundai's goal in the Mexican Market is to reach 3% market share in 2012, between 5-10% in 2013 and between 10-20% in 2014.
Access Article
Source : Expologistica
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