A subsidiary of GMXT, Ferromex operated the largest rail fleet in the country with 19,344 cars of different types in the third quarter of 2022, 600 more than in the immediately preceding quarter. It also operated 563 locomotives from July to September this year, the same amount as
ADO, Estrella Blanca, Estrella Roja, IAMSA, Senda and Pullman were sanctioned for manipulating prices and segmenting routes in the Mexican ground passenger transportation market. The Federal Economic Competition Commission (Cofece) fined these and other companies and 31 individuals more than 1,218 million pesos for participating in various absolute
GMéxico Transportes (GMXT) highlighted its investment plans for 2023 and its progress in productivity as part of its third quarterly report for 2022. Regarding the former, GMXT’s Board of Directors approved an investment plan of 9,403.8 million pesos for 2023. Of this amount, 2.1 billion pesos will be
Industrias Bachoco reported that it made capital investments of Ps. 2,954.9 million in the first nine months of 2022, representing an increase of 31.3% year-on-year. Most of this was allocated to organic growth and productivity projects at all of the company’s facilities. On January 24, 2022, Bachoco acquired
Barbados is a member of the Caribbean Community and Common Market (CARICOM) and has an Economic Partnership Agreement (EPA) with the European Union, according to a World Trade Organization (WTO) report. CARICOM members have sought to implement a Common External Tariff (CET) since 1991. However, as of June
U.S. poultry exports totaled $3.628 billion from January through August 2022, up 16.6 percent year-over-year. Volume-wise, these international sales rose 3.9 percent at an annual rate, to 2 million 574,472 tons, according to Commerce Department data. But according to the Federal Reserve Bank of Atlanta, poultry exports have