Trading of goods between Mexico and U.S. is on the rise
The borders between the U.S. and Mexico provide a lucrative path for international imports and exports. More than ever, trucking from country-to-country is on the incline, reports the San Antonio Express News.
In the past, shipping freight to Mexico has put trucking safety in jeopardy, due to the waging drug cartel wars that often happen near the border. Government officials from the U.S. plan on reenacting the North American Free Trade Agreement that was originally established in 1994. They claim this could thwart some of the excessive violence that some fleets face.
More than $300 billion worth of traded goods passed the borders between countries in 2009, and 81 percent of the material was delivered by trucks. Revenue generated by trade up more than 33 percent in Texas since last year.
Governments from both Mexico and the U.S. are working towards smoothing out business complications. The Packer reports that Mexico is the U.S.'s third largest trading partner in the world. Due to their close proximities, the trucking industry is an invaluable aspect to the commerce between nations.
Wednesday, June 1st, 2011
The borders between the U.S. and Mexico provide a lucrative path for international imports and exports.