United States-Mexico-Canada Agreement

USMCA, In Force, Offers Challenges, Opportunities

As the U.S.-Mexico-Canadian trade agreement (USMCA) officially becomes the governing statute for commerce across North America, Marc Brazeau, President and Chief Executive Officer of the Railway Association of Canada (RAC), Iker de Luisa Plazas, Director General of Asociacion Mexicana de Ferrocarriles (AMF) and Ian Jefferies, President and CEO of the Association of American Railroads (AAR) issued the following statement:

AAR praises new trade pact

The United States, Canada and Mexico agreed to a trade deal to replace the North American Free Trade Agreement (NAFTA), and North American railroads are welcoming the new arrangement.