FEMSA reached a definitive agreement with Grupo Traxión to sell Solistica for US$205 million. Solistica is a subsidiary of FEMSA that offers integrated logistics solutions (3PL) to both its companies and external customers. The subsidiary currently operates in seven Latin American countries, including Mexico, Brazil, and Colombia. It
U.S. manufacturing companies argued that if the USMCA is respected, U.S. industry can outperform China. This message came from the National Association of Manufacturers (NAM) at a recent meeting in Mexico City. The NAM is the largest association of manufacturers in the United States. It represents a wide
If current assumptions hold, world merchandise trade will increase 2.7% in 2024, slightly above the previous forecast of 2.6% last April, according to projections by the World Trade Organization (WTO). Asia’s exports will grow faster than those of any other region this year. World merchandise trade These are
Traxion’s fleet decreased in its freight mobility segment, from 2,331 units in 2022 to 2,240 in 2023. The company operates one of the largest trucking fleets in Mexico. In contrast, Traxión’s number of semi-trailers increased from 3,192 in 2022 to 3,202 in 2023. Traxion’s fleet Traxión stands out
Semiconductor import substitution (and other electronic components) to the United States from China is continuing as a result of the trade war between the two nations. According to data from the U.S. Department of Commerce, from 2017 to 2023, U.S. imports of those products originating in China fell
Mercado Libre and Amazon dominate e-commerce in Mexico, which is expected to reach US$63 billion by 2025, according to Statista. With 16,195 employees in Mexico, Mercado Libre had net revenues in Mexico of US$2.985 billion in 2023, a year-on-year increase of 60.1 percent. This growth was recorded after