Diana Fernández’s Post

Exciting news – the Mexican automotive industry is gaining momentum, with production projected between 3.9 and 4 million vehicles this year! 🚙💪 It's great to see this recovery. Ascent Global Logistics is here to support with our offices and expert team in Mexico, handling all the logistics smoothly. Here’s to more success ahead! #Automotive #Mexico #IndustryRecovery #Logistics #SupplyChain

Exciting news – the Mexican automotive industry is gaining momentum, with production projected between 3.9 and 4 million vehicles this year! 🚙💪 It's great to see this recovery. Ascent Global Logistics is here to support with our offices and expert team in Mexico, handling all the logistics smoothly. Here’s to more success ahead! #Automotive #Mexico #IndustryRecovery #Logistics #SupplyChain

The automotive industry in Mexico is on the rise again after the pandemic setbacks. They’re expected to hit close to 4 million vehicles produced this year, which is even more than before the pandemic. With new offices and a skilled team in Mexico, we’re proud to play a part in supporting this industry globally with seamless logistics solutions at Ascent Global Logistics. #Automotive #Mexico #IndustryRecovery #Logistics #SupplyChain

The automotive industry in Mexico is on the rise again after the pandemic setbacks. They’re expected to hit close to 4 million vehicles produced this year, which is even more than before the pandemic. With new offices and a skilled team in Mexico, we’re proud to play a part in supporting this industry globally with seamless logistics solutions at Ascent Global Logistics. #Automotive #Mexico #IndustryRecovery #Logistics #SupplyChain

The automotive industry in Mexico is on the rise again after the pandemic setbacks. They’re expected to hit close to 4 million vehicles produced this year, which is even more than before the pandemic. With new offices and a skilled team in Mexico, we’re proud to play a part in supporting this industry globally with seamless logistics solutions at Ascent Global Logistics. #Automotive #Mexico #IndustryRecovery #Logistics #SupplyChain

The automotive industry in Mexico is on the rise again after the pandemic setbacks. They’re expected to hit close to 4 million vehicles produced this year, which is even more than before the pandemic. With new offices and a skilled team in Mexico, we’re proud to play a part in supporting this industry globally with seamless logistics solutions at Ascent Global Logistics. #Automotive #Mexico #IndustryRecovery #Logistics #SupplyChain

The automotive industry in Mexico is on the rise again after the pandemic setbacks. They’re expected to hit close to 4 million vehicles produced this year, which is even more than before the pandemic. With new offices and a skilled team in Mexico, we’re proud to play a part in supporting this industry globally with seamless logistics solutions at Ascent Global Logistics. #Automotive #Mexico #IndustryRecovery #Logistics #SupplyChain

🌟 Mexico: The Backbone of the North American Automotive Supply Chain 🌟 With record-breaking vehicle production and rising exports, Mexico is solidifying its position as a critical hub for North American automotive supply chains. 🇲🇽🚗 But to meet increasing demand, industry leaders emphasise the need for better logistics infrastructure, stronger security, and digital transformation. At the #ALSCMexico conference, experts from General Motors, Toyota Motor Corporation, Nissan Motor Corporation and more shared insights on how Mexico can stay competitive through #nearshoring opportunities, #sustainable investments, and innovative partnerships. 🔑 Key highlights: ✅ Record 3.94 million vehicles projected for 2024 production ✅ Growing role of nearshoring driven by USMCA and trade incentives ✅ Urgent need for collaboration to improve security and infrastructure Read the full article to explore how Mexico’s automotive sector is shaping the future of North American supply chains. 📖 Article link: https://lnkd.in/eN-FR8rJ 💬 What are your thoughts on Mexico’s role in the automotive supply chain? Let’s discuss below! 👇 Lizette Gracida Monica Garcia Francisco Zinser Gonzalez Claudia I. Avila Connelly Victor Salazar Dayan León Marcus Williams Emily Uwemedimo Christopher Ludwig Anushka Dixit Megan Kelly Richard Logan Riad Mannan #AutomotiveLogistics #Mexico #SupplyChain #Nearshoring #AutomotiveManufacturing #LogisticsInnovation

🚢 Navigating the Rising Costs of Shipping and Logistics in the Automotive Industry 🚗 The automotive industry is facing unprecedented challenges as shipping and logistics costs continue to soar. In 2024, we're seeing shipping rates surge by over 15% year-over-year, driven by a combination of labor shortages, fuel price increases, and ongoing supply chain disruptions. For context, the cost to ship a 40-foot container from China to the U.S. has risen from approximately $5,000 in early 2021 to a staggering $10,000+ today. This spike is having a ripple effect across the automotive sector, where just-in-time manufacturing is being put to the test, and inventory levels are becoming harder to manage. 🚚 Impact on Automotive Supply Chains: - Higher Component Costs: With shipping costs doubling, suppliers are passing on these expenses to automakers, increasing the cost of essential components like semiconductors and batteries. - Extended Lead Times: Longer transit times and port congestion are pushing lead times from the typical 4-6 weeks to upwards of 8-10 weeks, creating production delays. - Pressure on Margins: Automakers are grappling with thinner margins as they absorb these costs or pass them onto consumers, potentially affecting vehicle prices in a highly competitive market. - Automotive OEMs have new onshore/reshoring initiatives which will add a new segment of suppliers - need to mitigate risk and strengthen their position. - Ensuring that cumulative quantity tracking is such an important process within the automotive supply chain – need to be agile to reconcile planning forecast and shipping schedules. As we move forward, it's crucial for industry leaders to rethink their supply chain strategies, explore nearshoring/Just in case options, and invest in technology that enhances logistics efficiency. The road ahead may be challenging, but by adapting to these new realities, we can ensure that the automotive sector continues to drive innovation and growth. Let's connect to discuss how we can navigate these challenges together. 💼 #AutomotiveIndustry #SupplyChain #Logistics #ShippingCosts #EV #Manufacturing #trueauto #geopolitical- additional thoughts Matt Devenport Mayssa Moubarak Richard Doak?

🌟 Driving the Future: 2024 Projections for Auto Parts Transportation in North America 🌟 The land transportation of auto parts between Mexico, the United States, and Canada is crucial for the competitiveness of the automotive industry in the region. At Trans-Pro, we specialize in optimizing this process and are ready to support you. Here are some key projections for 2024: 📈 Sector Growth: The auto parts trade is expected to reach $150 billion in 2024, reflecting a 7% growth compared to 2023. 🔗 Efficient Supply Chain: Mexico will remain a key hub, projecting exports of over $100 billion in auto parts to the U.S., potentially accounting for up to 44% of U.S. auto parts imports. 🚚 Transportation Modes: About 77% of auto parts will continue to be transported by truck, highlighting the importance of a robust road infrastructure. 🌱 Sustainability: Companies are investing in cleaner technologies and sustainable practices, including route optimization and the use of electric trucks to reduce their carbon footprint. Collaboration among Mexico, the U.S., and Canada will be essential to drive growth and innovation in this vital sector. 🔧 At Trans-Pro, we’re here to help you seize these opportunities and tackle the challenges in auto parts transportation. Let’s connect! 📞 +1 418 474 1135 📧 [email protected] #Transportation #AutoParts #AutomotiveIndustry #Mexico #UnitedStates #Canada #Logistics #Sustainability #2024Projections