Covering the Industry's Economic, Legal & Financial Issues
MexicanAutomotive covers the Mexican automotive and auto parts industries, and is published monthly in English and Spanish. MexicanAutomotive reports on general Mexican automotive industry topics, as well as economic, financial and legal issues affecting the North American automotive industry. Published by Cacheaux, Cavazos & Newton (CCN), subscriptions to MexicanAutomotive are free. CCN is an international law firm with offices in Texas and Mexico. The firm provides legal services in many practice areas including Automotive law to clients doing business in the NAFTA region.
| First Mexican cargo truck crosses the United States border |
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After 17 years of international litigation, foreign trade will enter a new phase of regulation under the Cross Border Trucking Program for cargo between Mexico and the United States, which is intended to strengthen commercial transactions between both countries. Olympic Transport, the company which began the transit of trucks and trailers, is domiciled in Nuevo Leon and its trucks are currently traveling U.S. roads. The transit of Mexican as well as U.S. trucks which travel Mexican roads marks the beginning of a new mutually beneficial phase in the commercial relationship between the two countries. The border crossing will be more agile, and exchanges will be quicker and more efficient. The 2009 model Freightliner by Olympic operated by Josué Cruz from Monclova, Coahuila crossed World Trade Bridge III and made its delivery in Texas with an approximate 720 kilometer trip in about seven or eight hours. The implementation of this Program served to cancel the punitive customs duties which the Mexican government imposed on 99 products from the United States. These sanctions were imposed in retaliation for the cancellation of the first Cargo Transportation Demonstration Program, which was in its pilot phase at the time, and in which 27 Mexican companies with 104 units and 10 American companies with 52 units took part.
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