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News
Ebrard Seeks Lower US Steel Tariff, Weighs China Levies
2+ hour, 16+ min ago (394+ words) Mexico is fighting a two-front battle over steel: Economy Secretary Marcelo Ebrard wants Washington to cut the punishing 50% tariff on Mexican steel, even as the United States presses Mexico to raise its own walls against cheap Chinese metal. — The ask....
BNDES Fleet Renewal: US$3.9 Billion for Trucks and Buses
11+ hour, 30+ min ago (795+ words) —Total Approved BNDES approved R$20 billion (~US$3.9 billion) on July 29, 2026, representing about 95% of the program’s roughly R$21 billion (~US$4.1 billion) budget. —Interest Rate The credit line offers subsidized and facilitated credit terms. Specific rate figures reported by some outlets are…...
TRX Logistics Purchase Targets Mercado Livre Warehouses
1+ week, 2+ day ago (797+ words) —Property location and size. A 237,400 m² logistics complex with three warehouses in Guarulhos, São Paulo. —Key tenant. E-commerce giant Mercado Livre leases two of the three warehouse units. —Deal structure. An indirect acquisition via a co-ownership fund, with TRX and Matriz…...
Mexico Wants Private Money for Its Roads. Only 18 Percent of the Plan Is Private
2+ week, 6+ day ago (971+ words) —The total. Mexico’s infrastructure minister told deputies the administration is spending about 1.35 trillion pesos ($77bn) across roads, rail, airports and public works. —The private share. Mixed public-private schemes account for 237bn pesos ($13.5bn), split between motorways and airports. That is 18 percent of the…...
Trump Cuts Metal Tariffs on Some Goods, Easing Pressure on Exporters
1+ mon, 3+ week ago (209+ words) United States · Trade —The move: A White House proclamation signed June 1 cuts U.S. tariffs on certain steel, aluminum and copper goods. —The new rate: Some agricultural and industrial equipment drops to a 15% tariff from 25%, starting June 8. —The base stays:…...
Rumo Q1 Profit Jumps 41% on Record Grain Volumes
2+ mon, 3+ week ago (461+ words) Rumo (B3: RAIL3), Brazil’s largest rail logistics operator and a subsidiary of Cosan, reported Q1 2026 adjusted net income of R$266 million ($53M), up 41.1 percent year-on-year, with EBITDA of R$1.745 billion ($346M, +6.7%) on net revenue of R$3.282 billion ($650M, +10.6%), according to the CVM filing released Thursday May 7. The result…...
Mexico Exports Jump 27.65% in March as Non-Auto Manufacturing Hits Five-Year High
3+ mon, 3+ day ago (602+ words) — Mexico’s total goods exports rose 27.65 percent year-on-year in March 2026, INEGI confirmed Monday, sharply accelerating from January’s 8.1 percent and February’s 15.8 percent. The surge in Mexico exports March 2026 was driven entirely by non-petroleum manufacturing, which expanded 29.59 percent, while petroleum exports fell 20.41 percent…...
Why Mexico’s Nearshoring Boom Is Cooling in the North
3+ mon, 1+ week ago (705+ words) — Cushman & Wakefield’s 2025 Industrial Labor Report finds Mexico industrial construction has entered a six-quarter rebalancing phase, with supply outpacing absorption and developers extending delivery timelines in border markets. — Mexico City now commands the country’s highest industrial wages at US$4.91 per hour for…...
Nearshoring Mexico 2026: The Complete Guide
3+ mon, 3+ week ago (1256+ words) Nearshoring is the practice of relocating manufacturing or service operations to a country that is geographically close to a company’s primary market, rather than offshoring to a distant, lower-cost destination. For North American supply chains, that logic points overwhelmingly to…...
Mexico Stayed America's Top Supplier Despite Tariffs
5+ mon, 1+ week ago (358+ words) Trump called it the “year of the tariff.” Mexico called it a record year anyway. Census Bureau data released Thursday showed that Mexican goods exports to the United States hit $534.9 billion in 2025, up 5.8% from 2024 — cementing Mexico’s third consecutive year as…...