Matt Hamson, chief executive officer with Coronado Logistics, details the transportation challenges and opportunities being experienced by shippers, carriers and third parties in Mexico.
In early March, a loaded 747-400 freighter, operated by Atlas Air on behalf of forwarding firm Panalpina, pushed back from the gate in Huntsville, Alabama, and took off at sunset, full of machine parts from the American Midwest. It was the inaugural flight of Panalpina's twice-weekly "Brazil Wings" main-deck service from Huntsville to São Paulo, Brazil. On its return journey to Huntsville from Viracopos International Airport, the freighter flew on to Hong Kong International, with a load of perishable goods from Brazil and other South American markets. The total transit time for the new VCP-HSV-HKA route was less than 40 hours – pretty impressive for a journey of more than 11,300 nautical miles.
The consensus among analysts is that cheaper oil should be broadly neutral for Latin American countries in general, with clear winners and losers. Their expectation is that net oil exporters will suffer from lower oil prices and net oil importers will benefit. Although we can agree with that general short-term diagnosis, it is predicted that a sustained period of lower oil prices will have a net negative impact on Latin America and on the prospects of U.S. manufacturing companies doing business in the region.
Paquetexpress, a courier, messenger and consolidated freight carrier based in Los Mochis, Sinaloa, Mexico, has developed a new service linking 99 Mexican destinations with the southeast region of the U.S.