In January, Mexico’s cargo truck exports dropped by 7.6% year over year to 10,985 units, marking the lowest level in four years. Production also fell by 9.5% to 14,108 units. The United States accounted for 97% of these exports, with Canada making up 2.7%. Rogelio Arzate, president of Anpact, attributed the decline to the threat […]

Shipper requests for truckload capacity in Laredo, Texas, are being rejected at the highest rates since the pandemic era. The Outbound Tender Reject Index (OTRI), which measures the percentage of declined truckload capacity requests by carriers, shows that rejection rates surged from an average of 3.8% in October through mid-December to over 6% just before […]

Retirement offers the freedom to spend your time and money as you wish, whether that’s traveling the world or enjoying extra rounds of golf. However, reassessing your spending habits is essential to keep your retirement stress-free and avoid overspending. This is precisely what Patrick H. did when he retired several years ago. Patrick and his […]

Mexico’s inflationary environment is poised to allow further cuts to the benchmark interest rate, according to Victoria Rodriguez, Governor of the Bank of Mexico (Banxico). The central bank recently reduced the key rate by 50 basis points to 9.50%, following a series of 25-basis-point cuts from a peak of 11.25% in March 2024. “Our work […]

Merida, Yucatán, has the highest cost for a basic basket in Mexico, amounting to 969.40 pesos, as reported by Iván Escalante Ruiz, head of the Federal Consumer Protection Agency (Profeco). During President Claudia Sheinbaum Pardo’s morning conference at the National Palace, Escalante Ruiz detailed the prices of basic baskets across Mexico. He highlighted that Merida’s […]

Campeche ranks first in poverty in the Yucatán Peninsula, with 45.1% of its 954,659 residents living in such conditions, according to the annual report by the Ministry of Welfare. The 2025 report on poverty and social backwardness indicates that Campeche has 428,968 people living in poverty. This figure includes 337,309 individuals (35.5%) in moderate poverty […]

In a significant move that’s being closely watched across the globe, eleven countries have announced their decision to abandon the use of the US dollar in cross-border transactions. This development has sent shockwaves throughout international markets, with experts weighing in on its implications. At the heart of this shift is the desire by these nations […]

In a move aimed at ensuring “fair treatment” of Ecuadorian producers, President Daniel Noboa announced Monday that the country will impose a 27% tariff on goods imported from Mexico. The decision comes as trade tensions between the two nations escalate. According to President Noboa’s post on X, he is open to negotiating a free trade […]

Many U.S. oil refiners depend heavily on imported crude because their facilities are configured to process heavier grades, such as those from Mexico and Canada. Refiners are now preparing for U.S. President Donald Trump’s threatened tariffs on crude imports from these countries. Tariff Details and Implications On Friday, Trump announced that tariffs on Canadian oil […]