USTDA Boosts Southern Mexico's Freight Transport

July 27, 2023

The USTDA has awarded a grant to the Secretariat of the Economy and Labor of the State of Chiapas for a feasibility study on improving Southern Mexico's freight transportation infrastructure. The project aims to facilitate a shift from road to rail transportation, enhancing local supply chains and decarbonizing the sector. The intermodal rail terminal's development could help reduce highway congestion, lower transportation costs, and attract local value-added industries. This initiative aligns with Mexico's federal government priorities, including the Interoceanic Corridor of the Isthmus of Tehuantepec project, aiming to enhance trade connectivity.

 The real China+1 is playing out in Mexico!

Mexico’s gains mirror its rise in manufacturing, a key component of goods moving between it and the U.S. During the first four months of 2023, total trade of manufactured goods between Mexico and the U.S. reached $234.2 billion. (1/2) pic.twitter.com/VGdxx0MXop— Tamohara Invst Mngrs (@tamoharainv) July 25, 2023 

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