Mexican Trucking Will Be Revived By U.S., LaHood Says (Update3)
OPS_admin | Mar 24, 2009 | Comments 0
OPS: What about reviving AMERICAN Trucking?
Mexican Trucking Will Be Revived By U.S., LaHood Says (Update3)
March 24 (Bloomberg) — Transportation Secretary Ray LaHood said he will revive a program that lets Mexican trucks deliver goods across the border in a bid to resolve a dispute with the U.S.’s third-largest trading partner.
LaHood met today with Senator Byron Dorgan, a North Dakota Democrat, who worked successfully to cut off funding for the program because of what he said was a failure to meet U.S. safety standards. The program is required by the North American Free Trade Agreement with the U.S., Canada and Mexico.
Mexico last week applied $2.4 billion in tariffs on at least 90 U.S. products in retaliation for the U.S. suspending rules that let some Mexican trucks operate beyond a zone along the countries’ border. Senators including John McCain, an Arizona Republican, and Mel Martinez, a Florida Republican, have said the U.S. should bring back the program, citing the economic needs of U.S. consumers and exporters.
via Mexican Trucking Will Be Revived By U.S., LaHood Says (Update3) – Bloomberg.com.
Filed Under: Economy - Labor
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