Cross-border logistics are a crucial part of doing business in today's global economy, as they allow companies to take advantage of different supply chains and pricing structures. For example, a company might avoid paying customs duties on international shipments if they can find a cheaper supplier in another country. They might also ship products from multiple locations to increase their coverage area or reduce shipping costs per shipment.
Cross-border Logistics: How to Make Your Business as Competitive as Possible
Topics: Mexico, Manufacturing, Cross-Border, Warehousing
The US - Mexico border is open for business. With the transition from NAFTA to the USMCA (United States-Mexico-Canada-Agreement) in 2018, cross-border commerce, and logistics activities were improved and reinsured for years to come. The main points of the agreement center around IP protection, digital trade, tax thresholds, labor, and environmental obligations. With the structure for trade here in North America reinvigorated and the global political environment less stable, businesses are shortening their supply chains and choosing Mexico for manufacturing.
Topics: Mexico, Cross-Border, Mexico Carrier, Customs, Tax, Importer of Record
Mexico is capitalizing on the macroeconomic factors that are demanding companies look beyond Asia-Pacific for manufacturing. Through careful planning and partnerships, Mexico has created advantages in labor, education, and legal protections that will continue to build its reputation as a leading source of skilled manufacturing.
Topics: Insider, Nearshoring, Mexico, Manufacturing, Cross-Border, Distribution Centers, Automotive Engineering