Mexico’s Federal Economic Competition Commission (Cofece) authorized the merger between Tampa Cargo (Avianca Cargo) and Aero Transporte de Carga Unión (Aerounión). What does it consist of? In the execution of a Commercial Cooperation and Collaboration Agreement; various service agreements to be entered into between the Notifying Parties and/or
The United States has about one-fifth of the world’s oil refining capacity, according to World Trade Organization (WTO) data. There, the industry expanded thanks to the boom in shale oil production when crude oil exports were subject to licensing, and were effectively banned, while refined products could be
Union Pacific Railroad Company reported a 13% year-over-year increase in the volume of its metals and minerals transportation in 2022 over 2021, reaching 785,000 carloads. At a year-on-year rate, the same transportation totaled US$2,196 million, a 21% growth, likewise year-on-year. In 2021, the increases in these two indicators
General Electric Co, also known as GE, increased its commercial engine sales in its aeronautics segment by 11.8% in 2022, to 1,663 units. Still to date, global materials availability and labor shortages, in part due to the Covid-19 pandemic, continue to cause disruption for the company and its
U.S.-based PayPal Holdings, Inc. laid off 1,000 employees on a net basis as of December 31, 2022 compared to the same date in 2021. With this, at the close of 2022, PayPal had 29,900 employees worldwide, 44% in the Americas, 43% in Asia-Pacific and 13% in Europe and
Le conglomérat multinational américain Honeywell International a déclaré qu’il envisageait de retirer l’ensemble de ses activités de Russie à la suite de l’invasion de l’Ukraine par ce pays. Avec 97 000 employés et son siège social à Charlotte, en Caroline du Nord, aux États-Unis, Honeywell opère principalement dans