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Resuming the flow of goods from China to the U.S. is critical to rejuvenating the flagging U.S. economy, but trade with Mexico may be even more important. In fact, Mexico exported $358B worth of goods to the U.S. last year, surpassing China as the nation’s largest trading partner. With many U.S. businesses reliant on a supply chain that straddles the U.S./Mexico border, restarting U.S. manufacturing is more dependent on Mexico than most people realize.  

In this new article in Politico Pro, David Henry, GlobalTranz’s Regional Manager, Mexico, joins Bob Costello, American Trucking Association’s Chief Economist, to share insights on the effect the COVID-19 pandemic has had on trucking companies that rely on U.S./Mexico trade.  

Many industries, including medical, food production, and automotive rely on the interconnected trade between Mexico and the U.S. Without a coordinated restart effort, many industries, particularly auto manufacturing, will struggle to resume full operations. Trucking companies that haul loads between the U.S. and Mexico border are strategizing how to keep their drivers on the road by finding new goods to haul or adjusting pricing. However, “Making these drastic shifts in the middle of a pandemic, where many others are following suit, is not the easiest thing,” commented Henry. 

To read the full article, please click here (subscription required).