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Cross-border Tucking Approved between U.S. and Mexico

Posted by Genie Wood on Thu, Jan 22, 2015 @ 09:11 AM

Mexican trucking companies will soon be able to apply to make long-haul trips into the United States thanks to recent policy changes in Congress. This decision is a huge step forward in strengthening relations with Mexico, the third largest trading partner with the U.S. A three-year pilot program conducted by the U.S. determined that Mexican trucks were capable of meeting the safety standards of the U.S. and Canada. In order for a Mexican trucking company to pass the pilot test, it must pass a rigorous safety test, hold a U.S. or Mexican commercial license, and meet specific English language proficiency requirements.

In 2009, Mexico implemented tariffs on certain U.S. agricultural products, including tomatoes and potatoes, in retaliation for a U.S. appropriations bill that halted Mexican truckers from crossing the border. Since the beginning of the pilot program in 2011, Mexico has suspended the tariffs. The safe cross-border trucking system helps the U.S. Transportation Department meet NAFTA obligations by expanding opportunities for increased trade and investment between the nations.

While these policy changes are beneficial to truckers and the U.S. trucking industry, many drivers still face significant struggles due to clients failing to make timely payments on their invoices or other obligations. In such cases, the qualified team at TBS Factoring Service is ready to help. Please call us today at (800) 207-7661 to speak to one of our experienced staff members and learn more about how our freight factoring services can help you make ends meet.  

Tags: TBS Factoring Service, trucking regulations, freight factoring