Roser & J. Cowen Logistical Services

Manufacturing Outsourcing in Mexico: What to Know for 2024 or 2024, manufacturing outsourcing in Mexico continues to be an attractive option for companies looking to leverage skilled labor and proximity to the United States along with overall lower costs. Here’s a comprehensive overview of what you need to know about Mexico manufacturing for the year ahead, including unique aspects, political and tariff considerations, cost comparisons, shipping considerations, and potential new regulations affecting manufacturing. Overview of Manufacturing Outsourcing in Mexico As businesses globally strive to optimize their manufacturing strategies, Mexico has emerged as a leading destination for outsourcing. This attractiveness is not accidental, but rather the result of a combination of advantageous factors that Mexico offers to businesses across many sectors. https://lnkd.in/gBubNAzg

Manufacturers looking for low costs, easy access to U.S. market, turn to Mexico, not China CIUDAD JUÁREZ, Chihuahua, Mexico –Technology, cultural differences and global trade converge in the Foxconn factories along the Mexican border with the United States. The world's largest electronics manufacturer has 30,000 employees spread over seven campuses in Mexico, with major production centers in Juarez, Tijuana, Guadalajara and Chihuahua City, making desktop computers, servers, components for electric vehicles and other products. https://lnkd.in/g5ds9HbE

Current State of the Die-casting Industry in the US and Mexico: Its Significance to the North American Supply Chain GlobalAutoIndustry.com’s latest Audio Interview “Current State of the Die-casting Industry in the US and Mexico: Its Significance to the North American Supply Chain” hosted by Ron Hesse features Thomas Felty. Mr. Felty is an accomplished manufacturing engineer and U.S. Army veteran exceeding 10+ years of leadership experience and demonstrated success in managing operations of multiple technically complex projects exceeding $50M. He is adept in the application and development of policies and procedures associated with engineering management, workplace safety, quality assurance inspections, and cross-functional team collaboration, designed to maximize client satisfaction and boost organizational business goals. https://lnkd.in/gwZ8AkJV

Senate Panel Approves TSA Clearance Bill for Truckers -Bipartisan Legislation Would Streamline Security Certification Process for Commercial Drivers A committee in the U.S. Senate recently approved a bill that would facilitate commercial drivers’ applications for security credentials. The bipartisan Transportation Security Screening Modernization Act, introduced by Sen. Roger Wicker (R-Miss.), is meant to standardize the security application process for individuals affiliated with the freight sector. The bill, advanced to the Senate floor July 31, would specifically facilitate access to multiple credentials. https://lnkd.in/g4_2Y9Ga

Maersk Boosts Full-Year Guidance  -Supply Chain Disruptions in Red Sea Have Increased Freight Rates A.P. Moller-Maersk A/S, a bellwether for global trade, increased its full-year guidance due to higher freight rates caused by continued supply chain disruptions following attacks in the Red Sea. Maersk now sees underlying earnings before interest, tax, depreciation and amortization of $9 billion to $11 billion this year, compared with a previous forecast of $7 billion to $9 billion, the Copenhagen-based company said Aug. 1. Analysts had expected $8.76 billion on average in estimates compiled by Bloomberg. https://lnkd.in/gXE4MCRT

FMC finalizes rule on ‘unreasonable’ ocean carrier cargo space refusals -The agency shared its guidance on what it sees as a violation of the Ocean Shipping Reform Act when it comes to vessel space accommodation. The Federal Maritime Commission published a final ruling last week on its framework to determine when carriers are refusing cargo space accommodation. The rule is part of requirements created by the Ocean Shipping Reform Act of 2022, according to a July 22 press release. Before OSRA was signed into law, several shippers submitted complaints to the FMC about carriers denying them vessel space. During the pandemic, agriculture exporters had containers left behind, as carriers favored shipping empty containers to Asia amid high demand for foreign goods. https://lnkd.in/g5jeC6Ue

US manufacturing gauge drops to eight-month low WASHINGTON, Aug 1(Reuters) - A measure of U.S. manufacturing activity dropped to an eight-month low in July amid a slump in new orders, but that likely exaggerates the industry's struggles as production at factories rebounded sharply in the second quarter. The Institute for Supply Management (ISM) said on Thursday that its manufacturing PMI dropped to 46.8 last month, the lowest reading since November, from 48.5 in June. A PMI reading below 50 indicates contraction in the manufacturing sector, which accounts for 10.3% of the economy. https://lnkd.in/gza9jA4H

High Energy Costs Prompt German Firms to Consider Relocating High energy costs and uncertainty about energy supply have prompted four out of ten German manufacturing firms to consider either relocating production abroad or limiting it in Germany, a new survey showed on Thursday. In addition, more than half of Germany’s industrial firms employing 500 people or more are now considering moving production outside Germany or limiting production in Germany, according to the Energy Transition Barometer 2024 published by the Association of German Chambers of Industry and Commerce, IHK. https://lnkd.in/gFT6wczb

Harlingen EDC and Matamoros: A Renewed Partnership for Mutual Growth In recent months, commercial relations and cooperative ties between Harlingen, Texas, and Matamoros, Tamaulipas, have strengthened through a collaborative working framework led by the Harlingen Economic Development Corporation (Harlingen EDC). Various meetings, planning sessions, and economic promotion tours have encouraged economic development on both sides of the border. Orlando Campos, CEO of Harlingen EDC, highlighted the collaboration with the Association of Export Manufacturing (Index) Matamoros, the U.S. Consulate General in Matamoros, the Mexican Consulate in Brownsville, and the Council for the Economic Development of Matamoros (Codem). "Over the past year, we have renewed these relationships and prosperity ties with our partners in Matamoros, Tamaulipas; one of our key competitive advantages is being a binational region. We are genuinely seeking mutual cooperation and economic development to attract jobs and new opportunities," Campos stated. https://lnkd.in/g-GZzijx

Global Leader NIDEC to Boost Reynosa Economy with $23 Million Expansion The global leader in industrial alternator manufacturing, NIDEC, announced a $23 million investment to expand its operations in Reynosa, Tamaulipas. The announcement was made during a meeting led by Governor Américo Villarreal Anaya, who highlighted the significance of this investment for technological development and innovation in the region. Additionally, he shared that 384 jobs will be created, thereby boosting the local economy. https://lnkd.in/g8zrgvsk