Your best choice to take care of your shipments in the Nafta countries
Dear clients, suppliers and business partners:
We're thrilled to bring you our April 2014 edition of this newsletter. The goal of this newsletter is to provide you with quick and 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 through: Mexicom Logistics
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The reshoring phenomenon might make Mexico the best option for some investments coming out from China in the coming years.
The moment of greatest manufacturing country is not successful in the past but in the future. In the coming years, the high labor productivity in the United States and trade integration between Mexico, the U.S. and Canada will make it cheaper to produce manufactured goods in North America than in China. The main advantage of Mexico, in addition to sharing the border with the economy having the largest manufacturing demand world-lies in the competitiveness of their salaries. However, despite the benefits, there are still many obstacles. To address these issues, the Center for Development Research, AC (CIDAC) developed the study Reshoring Mexico, Index of Manufacturing Capacity Investment Attraction
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Mexicana airline declared bankrupt
A Mexican judge has declared Mexicana de Aviacion, one of Latin America's oldest airlines, bankrupt and ordered the sale of the debt-ridden company's assets.
The company, founded in 1921, had suspended its operations in August 2010 and was under a form of bankruptcy protection allowing the company to negotiate with creditors and make restructuring plans. Investors expressed interest in the company but a financial rescue never materialised despite extensions given by the court to provide the company more time to find a solution.
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Production and exports by automotive industry grow over 5%
The automotive industry started the year with good figures, since automobiles production grew 6.5% and exports went up 8.6%, while domestic sales posted 1.6% increase in the first quarter, compared to even term last year, the Mexican Association of Automotive Industry, Asociacion Mexicana de Industria Automotriz (AMIA), informed.
The results were even better in March, since production jumped 16.3%, exports 12.9% and domestic sales 3.5%, AMIA added in a press release. According to AMIA, production in March, namely 227,314 units, is "the highest ever in a month of March". The total number of vehicles produced in the first quarter is close to 775,000 units, of which 83.3% were shipped abroad and the rest was sold in the domestic market.
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Pilot Program on NAFTA Long-Haul Trucking Provisions
The Federal Motor Carrier Safety Administration (FMCSA) announces its proposal for the initiation of a United States-Mexico cross-border long-haul trucking pilot program to test and demonstrate the ability of Mexico-based motor carriers to operate safely in the United States beyond the municipalities and commercial zones along the United States-Mexico border.
The pilot program is part of FMCSA's implementation of the North American Free Trade Agreement (NAFTA) cross-border long-haul trucking provisions. This pilot program would allow Mexico-domiciled motor carriers to operate throughout the United States for up to 3 years. U.S.-domiciled motor carriers would be granted reciprocal rights to operate in Mexico for the same period.
Participating Mexican carriers and drivers would be required to comply with all applicable U.S. laws and regulations, including those concerned with motor carrier safety, customs, immigration, vehicle registration and taxation, and fuel taxation. The safety of the participating carriers would be tracked closely by FMCSA with input from a Federal Advisory Committee.
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FedEx Express opens $48m distribution center in Mexico
FedEx Express, a subsidiary of FedEx Corp, has opened a new $48m distribution center, FedEx Hub Nacional México, in the State of Mexico.
I mean, Mexico is the second country where more money is spent as a percentage of GDP in logistics operation after China, with 15.3%, while in the first place is the UK with 10% of GDP in logistics spending, according to figures from the same organism.The new distribution center will handle domestic operations and will reduce transit times, improve pick-ups, and deliveries throughout the country.
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Eclipses in April 2014
April 14-15 Total Eclipse of the Moon. Complete totality visible from all of the Continental U.S. except Northeast. Eclipse begins at 11:52 p.m. on April 14, the Monn enters dark umbra at 12:58 a.m. (on 15 th), totality begins at 2:06 a.m., mid-eclipse occurs aat 2:46 a.m., totality ends at 3:25 a.m., partial phase ends at 4:33 a.m., and eclipse finishes at 5:39 a.m.
April 28-29 Annular Eclipse of the Sun. Annualarity visible from small area of Antarctica. Partial eclipse siin from Antarctica, Australia, and Indonesia. Eclipse begins at 10:53 p.m. (on 28th), greatest eclipse occurs at 1:03 a.m. (on 29th), and eclipse ends at 3:14 a.m.
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SKYWATCHING IN 2014
THE MONTLY SKIES
APRIL
Mars reaches opposition on the 8th. It is now as close to Earth as it will be for about two years, until its next opposition. Although not one of its nearest visits, at 57 million miles, the planet's brilliance and ruddy hue draw attention. Look in the east after sunset. The Moon is in the vicinity of Mars on the night of the 14th. Saturn rises three hours later than Mars in the same general direction.
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Statistical information of international trade in Mexico
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We remind our clients, suppliers and business partners, that you can contact any time our Operations Department at:
Aldo Medina
Monday to Friday
from 9:30 to 18:30 pm
amedina@mexicomlogistics.com
Raul Almanza
Monday to Friday
from 8:00 to 17:00 pm
dispatch@mexicomlogistics.com
Javier Vergara
Monday to Friday
from 13:00 to 21:00 hours
Saturdays
from 9:00 to 14:00 hours.
dispatch@mexicomlogistics.com
Phone: (514) 667-0174
With pleasure they will help you.
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