This story points to the continued growth in Mexico's trade with the U.S.--and in U.S. corporate profits from that growth--by focusing on the role of a U.S. railroad's Mexican subsidiary in that trade.
Bloomberg: "Cross-border merchandise trade totaled $341 billion by the end of September, about 18 percent higher than it was at the same point in 2010, according to the most recent data from the Bureau of Transportation Statistics in Washington. The increase will help Kansas City Southern, the only U.S. railroad with a wholly owned Mexican subsidiary, ...as the 125-year-old company seeks to take business away from trucks traversing the border." read more
The MexicoBlog of the Americas Program, a fiscally sponsored program of the Center for Economic and Policy Research (CEPR), is written by Laura Carlsen. I monitor and analyze international press on Mexico, with a focus on security, immigration, human rights and social movements for peace and justice, from a feminist perspective. And sometimes I simply muse.
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