The United States has increased its imports of tequila, kaoliang and other distilled agave beverages, according to data from the Department of Agriculture (USDA). From January to August, Mexico was positioned as the largest exporter of these beverages to the United States, with shipments reaching 3.501 billion dollars.
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