Business security and globalization issues in Canada and Mexico Research Paper

Business security and globalization issues in Canada and Mexico - Research Paper frameworkCTA represents the trucking industrys perspective on national and global policy, general and legal regulations that affect trucking. In Canada, 90% of items like food and consumer goods ar carried by the trucking industry crosswise the country. This industry reaches out to provide its services to almost every town, city and community of Canada. 70% of trading resemblance betwixt Canada and US and 50% of trading relation between Canada and Mexico comprises of the trucking industry. In spite of the fact that few very large and public especial(a) companies form the Canada transport industry, yet it is ruled by thousands of businesses of medium and small sizes and independent businesses which are operated by the owners. Most of such businesses are owned and draw out by Canadians. In 2000, trucking industry in Canada garnered freight revenue of $48 billion. Out of the 400,000 people employed b y this industry, the number of drivers is over 260,000. ( leniency on the Canada-United States of America plow Relationship and the Canada-Mexico Trade Relationship) Effects of US Security Initiatives The initiatives taken under the Smart Border Accord could contend the ability of the Canadian carriers to participate in the trading relationship with US unless an appropriate balance in trade/security is maintained with the US. To influence the marge policy decisions of US, Canada has to maintain a strong partnership with the Americans in the field of border and security efficiency. Substantial steps must be taken by both countries to tackle national security concerns as well as to ensure smooth flow of low risk commercial freight across the border. As long as border security is not addressed properly economies of both country and especially economy of Canada is bound to suffer. Investments should be make on infrastructure like tunnels and bridges to expand the crossing capacity in the Canada-US border. Both United States and Canadian governments should support the use of FAST card game as substitute of the Transportation Workers Identity Card developed in the US. (Submission on the Canada-United States of America Trade Relationship and the Canada-Mexico Trade Relationship) Trucking industry in Mexico Commercial transport in Mexico is dominated by its trucking industry. Mexicos truck fleet increased by 85% between the years 1989 and 1992 due to governments deregulation of the industry. Till 1989, Canadas truck fleet could run solely on certain routes and could carry only certain types of cargo. This led to inefficiency within the industry. Since 1992, trucks can run over any road within the country and can carry all kinds of cargo pull up the dangerous and explosive ones. This has resulted in doubling the number of trucks in Mexico and due to intensified competition costs have also fallen drastically. (Nolan, 308) Canada and Mexicos Trade with the United Sta tes Canada and the United States are the largest trading partners of each other. Canada exports 87% of its total exports to the United States every year and the United States sells 22% of its total exports to Canada. Every daytime over 37,000 trucks cross the border of Canada and the United States and Canada receives 50% of all automotive exports of US. Of total trade in Canada, trucks carry 70% with US and 50% with Mexico. Mexico is the 6th largest trading p