Management & Operations

NAFTA Provision Allows for Mexican Ownership of Bus Companies in U.S.

Posted on July 16, 2001

In accordance with a provision of the North American Free Trade Agreement (NAFTA), President Bush will allow Mexican ownership of bus companies operating within the United States. Citizens of Mexico can apply for authorization to own bus companies providing point to point transportation service. NAFTA was signed in 1995, but the investment provision that would allow Mexican bus and truck company ownership was delayed due to a moratorium imposed by the Bus Regulatory Reform Act of 1982 and the Interstate Commerce Commission Termination Act of 1995. With the passing of the provision, the Federal Motor Carrier Safety Administration (FMCSA) will begin to process applications from Mexican carriers for ownership and operating rights within the United States. Implementation for access across the Border States will occur by the end of the year. “Liberalizing investment opportunities in both the United States and Mexico will help promote economic growth and create new jobs in transportation services,” said U.S. Transportation Secretary Norman Mineta. In response to the NAFTA provisions, American Bus Association (ABA) President Peter Pantuso along with other ABA members visited Mexico to better understand the way in which the Mexican transportation system works as it relates to intercity coaches. The ABA delegation also spent time along the border in Brownsville, Texas, to help better understand how the border works now, Pantuso said. “The major issue for the intercity bus industry is assuring that there is compliance with FMCSA requirements as they relate to the vehicle and to the drivers,” said Pantuso. “We want to be assured that, whatever changes take place along the border, safety of the passenger and of the equipment and other people on the road are not compromised with the border opening.”

View comments or post a comment on this story. (0 Comments)

More News

Gibson to lead west transit, rail practice for WSP | PB

His experience includes rail systems projects throughout the U.S. and internationally, including the implementation of systems and track work for a major light rail transit extension in St. Louis.

Profile: Susan Shaheen, Co-Director, Transportation Sustainability Research Center

Susan is an expert on the subject of carsharing. Today, we are using Lyft to travel from her office to the Downtown Berkeley BART station, where we will take the subway to have lunch in the Financial District of San Francisco.

COTA's Stitt announces retirement plans

During his tenure, he oversaw the transformation of public transit in Central Ohio, including a downtown circulator, an airport shuttle, and a comprehensive redesign of the entire bus network.

MARTA to add fresh produce kiosks at four rail stations

The markets provide a convenient shopping alternative for fresh, affordable, and locally grown produce.

U of Fla., FDOT, City partner to create ‘smart testbed’ for advanced technologies

This will be the first such program in Florida to involve a city, a university, and a state DOT. It will also involve industry partnerships to facilitate the development and operation of test bed.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close