Exceptional highway and transportation
services. Industrial parks on both sides of the river possess water, electricity,
and gas at reasonable prices. Transportation costs are generally low due to market
forces and route availability. In addition, all 60 major trucking companies are
headquartered in Nuevo Laredo. Rail is provided by the Mexican National Railway
and the Ferrocarriles Nacionales de Mexico.
US Customs, through the Laredo Customs
District of South Texas, collected over $152 million in duties by the end of
Fiscal 1991. The facilities are excellent at the new Columbia Bridge, and the
presence of many competent customs brokerages ensures efficient and timely
crossings. The heavy traffic does not fail to create delays of several hours
during peak operations. The 24-hour crossings do alleviate a significant portion
of Laredo has more licensed US Customhouse Brokers than any other border city.
Mountain ranges form a funnel, or travel
corridor, leading from the interior of Mexico through the industrial city of
Monterrey to Laredo, putting the region at the center of a natural trade route
between Mexico, the United States and Canada. More directly, Laredo is the focus
all interstate highway access from the metropolitan centers of the State of Texas
to Mexico's industrial heartland.
Laredo International Air port is lacking in much needed improvements and expansion.
Cargo transfer continues to be predominantly truck-borne, transported to the
significant air cargo facilities in either San Antonio, Texas, or Monterrey, Nuevo
Leon. The airport and three adjoining industrial parks do offer Foreign Trade Zone
status to many tenants.
Laredo possesses extensive rail shipment capacities and in 1991 handled over 100,000
loaded rail car shipments across the Rio Grande into Mexico.
Maquila employers pay State of Tamaulipas
taxes in the amount of 3.5% of base salaries. State of Texas imposes franchise
and sales taxes of 5.25% and 7.75% respectively. Laredo local taxes on sales,
real property, school, bridge, road, and college range between 3% - 4%.