McAllen is located on the border between the United States and Reynosa, Mexico creating a binational International metro. McAllen's central location in the Rio Grande Valley has allowed it to become an economic powerhouse.
In the past, moving goods into the United States meant choosing between two options: the East Coast or the West Coast. McAllen-Reynosa presents an alternative solution - a Third Coast, which cuts costs by eliminating the middleman. Traditionally, imported products have always had to endure layovers, incurring more costs with each new transit. The requirement to ship complete orders to customers has forced companies to maintain multiple distribution centers in distant cities across the United States, where products must be moved and staged for sale.
With McAllen-Reynosa, that is no longer the case. Improved transcontinental highways south of the border have made importing goods via the Mexican ports on the Pacific Ocean and the Gulf of Mexico the most viable option for global companies. Items imported from Asia, South America and Europe bound for the U.S. now have access to an entirely new coastal distribution hub. Whether arriving as parts to be further assembled or as complete products ready for sale, McAllen-Reynosa provides a one-stop option for quick and direct shipment to stores in the American heartland, as well as consumers directly via internet sales. What does that mean for your company? A reduction in cost of up to 25% when compared with traditional routes, and an average reduction of three days in transit. The emerging global economy depends on faster, cheaper and more efficient routes of trade and distribution, and McAllen-Reynosa is at the forefront of this exciting new frontier.
Mexico currently holds free trade agreements with 45 countries spanning the entire globe - a potential market of more than 1 billion consumers and 60% of the world's GDP. What does this mean? This means you can enjoy Mexico's favorable access to dozens of economies around the world. It entails cheaper import/export costs when sourcing materials and parts for your own product lines, as well as avoiding potential duties and trade restrictions. For further details on how these free trade agreements might benefit your company, please feel free to contact us.
NAFTA & USMCA
Created over thirty (30) years ago, NAFTA opened up trade with Mexico and Canada. A new trade agreement was announced recently- USMCA, which is pending approval by legislators.