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This week in Borderlands: China boosts its Mexico investments as nearshoring opportunities grow; Realterm acquires truck terminal in El Paso, Texas; Horton Automatics opens plant in Matamoros, Mexico; and Schunk invests $7 million to expand in Mexico. The post Borderlands Mexico: China boosts its Mexico investments as nearshoring opportunities grow appeared first on FreightWaves.
'Iran is likely to intensify its operations in more easily controlled territory, such as the Strait of Hormuz,' Dryad said.
Officials would be putting on pause any future meetings with Chinese automakers
Mexico's federal government, under pressure from the U.S., is keeping Chinese automakers at arm's length by refusing to offer such incentives as low-cost public land or tax cuts for investment in EV production, three Mexican officials familiar with the matter said. The last meeting between top Mexican officials and a Chinese automaker was in January, the sources said, with executives of BYD Co - one of the world's largest electric vehicle makers by sales. At the meeting, Mexican officials made clear they would not give incentives like those awarded to automakers in the past an...
Of hormuz is unlikely. that's according to industry expert peter sand from xeneta, which specialises in shipping logistics. i think the likelihood of an outright blockage of the strait of hormuz is quite limited. that doesn't mean that shipping will continue to do business in and out of the area. it is already before what's going on with the israel—gaza war and the most recent exchange of fire from iran. this is an area that had been haunted in the maritime industry for decades. so everyone trading in the area often have contingency plans for when events like this happen. but for the time be...