Supply Chain News

Mexico’s heavy truck production up 16% in first quarter; exports hike 33%
Production of heavy trucks in Mexico totaled 36,422 vehicles during the first quarter of 2018, up 16.7% compared to the 31,196 units from the same three-month period of 2017, according to the latest figures from the National Association of Buses, Trucks and Tractor Trucks Producers (ANPACT for its a...
Mexico’s FDI hikes 19.6% to an all-time quarterly record 
Mexico attracted US$ 9.52 billion of Foreign Direct Investment (FDI) in the first quarter of 2018, an increase of 19.6% compared to the preliminary figure of the same period last year, the highest preliminary figure for a three-month period in the history of the indicator, reported the Ministry of E...
CEMEX invests in Mexican startup that collects data to enhance safety at construction sites
CEMEX Ventures announced that it invested an undisclosed amount of capital in PRYSMEX, a Mexico-based startup that offers a solution capable of detecting and helping to prevent workplace accidents through the Internet of Things and real-time data collection.  PRYSMEX’s solution features a web pl...
Mexico’s central bank leaves policy rate unchanged at 7.5% 
By unanimous vote, the Governing Board of the Bank of Mexico on Thursday maintained its benchmark interest rate unchanged, currently at 7.5%, despite the uncertainty generated by the renegotiation of the NAFTA and the electoral process. In this sense, the central institute noted in its monetary pol...
NAFTA deal unlikely to meet US Congress deadline, says Mexican top negotiator
Two days ahead of the deadline established by the US Congress to receive the revised North American Free Trade Agreement (NAFTA) and submit it to ratification, the Government of Mexico acknowledged that there is no margin to conclude the talks. In an interview with Televisa, Mexico's Economy Secret...

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