Borderlands: Exports of Mexican-built cargo trucks fell in November

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Exports of Mexican-built cargo trucks fell in November; Rotor Clip opens global distribution center in Texas; Chinese automotive supplier completes $30M expansion in Mexico; and border officials seize $10M worth of narcotics in jalapeno paste.

Exports of Mexican-built cargo trucks fell in November

Exports of Mexican-built heavy-duty trucks fell 1% year over year (y/y) in November to 14,114, according to the latest data from Mexico’s National Association of Bus, Truck and Tractor Producers (ANPACT).

Members of ANPACT produced 17,848 units in November, a 2% y/y increase compared to the same month last year.

While exports recorded a slight decline in November, 2023 has been a good year overall for Mexico’s truck production and export industry, according to Miguel Elizalde, ANPACT’s president.

Elizalde said from January through November, ANPACT members produced 204,678 units, a 12.7% y/y expansion compared to the same period in 2022 and 1.3% y/y increase compared to 2019, which was a record year for the association.

“The figures tell us that the difficulties faced during the pandemic have been left behind thanks to the dynamism provided by the entire motor transport value chain,” Elizalde said during a recent video news conference.

Source: freightwaves.com