Investigaciones de Panjiva

AMLO can’t rely on Biden for vaccines as AstraZeneca supplies start

March 2, 2021

The first virtual meeting between President Andrés Manuel López Obrador (AMLO) and President Joe Biden has yielded a cooperation agreement but no commitments for U.S. supplies of vaccines to Mexico with the U.S. stating “the administration’s focus is on ensuring that every American is vaccinat... Read more →

Continental shifts brake manufacturing as USMCA opportunity beckons

March 2, 2021

Auto component maker Continental will spend 60 million euros ($72 million) to expand its Mexican brake manufacturing operations. The plant may help automakers meet their USMCA rules of origin requirements. Mexican exports linked to Continental were still well below their pre-pandemic levels in... Read more →

Lifters face dumping duties as trade petitions decline

March 2, 2021

The U.S. ITC received fewer petitions to investigate trade complaints in February with four cases versus 11 in January. That included three intellectual property petitions and one antidumping case. The latter covers imports of mobile access equipment used in the agricultural and utility indust... Read more →

Becle’s logistics headache passes, pandemic still weighs on exports

March 1, 2021

Becle, producer of the Jose Cuervo tequila brand, reported Q4’20 revenues which included a 1.2% dip in volumes sold. While sales in the U.S. and Canada increased on home consumption of its products, the pandemic-related closure of bars in the rest of the world held sales back. Mexican exports ... Read more →

Biden’s $51 billion supply chain planning exercise

February 26, 2021

President Biden’s long-awaited Executive Order regarding critical supply chain security will kick off a 100 day review of four sectors to address “production shortages, trade disruptions, natural disasters and potential actions by foreign competitors” covering pharmaceutical ingredients, criti... Read more →

Dana faces expedited freight costs from supply chain bullwhip

February 24, 2021

Dana Inc. reported Q4’20 revenue growth of 6.1% year over year on the back of “strong demand for light vehicles”, beating consensus estimates by 8.7 percentage points. U.S. imports linked to the firm increased by 6.4% over the same period. That’s not been without costs with CFO Jonathan Collin... Read more →

ArcelorMittal, Reliance face steel freeze with Mexican energy cuts

February 19, 2021

Mexican manufacturers are feeling the effects of reduced U.S. energy exports linked to the extreme winter storms with industry association INDEX indicating losses of as much as $2.7 billion from reduced manufacturing. The steel and aluminum industry specifically is facing power and natural gas... Read more →

Winter storms disrupt oil supply chains from Aramco to Pemex

February 18, 2021

Winter storm Uri has led to a significant reduction in U.S. oil production, driving a rise in global oil prices and having a knock-on effect on energy supply chains. Texas accounted for 59.0% of refined oil exports in 2020 after a dip of 1.8% year over year in Q4’20. The shortfall may be most ... Read more →

Texas freezes gas exports, could chill relations with Mexico

February 18, 2021

The Texas state authorities have banned natural gas exports from the state in the wake of freezing conditions that have boosted demand and compromised infrastructure. That’s led Mexico’s Economy Minister, Tatiana Clouthier, to call for the U.S. to “avoid industry being affected and to guarante... Read more →

Regal Beloit switches to Mexico as pool, cooling demand climb

February 17, 2021

Regal Beloit reported revenue growth of 5.7% year over year in Q4’20, breaking a seven quarter streak of falling revenues, as demand for pool and air conditioning pumps climbed during the stay-at-home phase of the pandemic. U.S. seaborne imports linked to Regal Beloit surged 204% higher year o... Read more →

Showing research about Mexico