Tom Sanderson, CEO of Transplace, discusses the growing U.S.-Mexico freight market and how Transplace continues to strengthen its presence there. Sanderson also highlights border-crossing issues that continue to complicate U.S.-Mexico freight moves.
The MAPI Foundation's manufacturing production index for Latin America is expected to decline 0.9 percent in 2015, although this regional picture masks sizable differences across countries. The deeper than expected recession in Brazil, for instance, is offsetting the solid performance of Mexican factories. Argentina's manufacturers are also in recession, but it is milder than Brazil's.
For manufacturers, Mexico is heating up. According to a recent survey from AlixPartners, 41 percent of manufacturing and distribution executives globally believe that bringing production back from overseas – a strategy known as nearshoring – is an opportunity for their organizations, and 86 percent of that group report that they have nearshored or expect to within the next few years.
The latest supply chain news, analysis, trends and best practices for companies operating in Latin America. The Latin American region consists of 19 sovereign states and several territories and dependencies that stretch from the northern border of Mexico to the southern tip of South America. Learn how businesses are optimizing supply chain and logistics performance in these regions - addressing a range of challenges such as rising labor costs, poor infrastructure, complex customs and tax laws, unstable political climates and government controlled exchange rates.
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