Traxion reported that its logistics and technology segment posted P336 million in revenue growth during the third quarter of 2022, a 29.0% expansion compared to the same period in 2021. On the one hand, this was mainly due to a 191.1% year-on-year growth in revenues related to digital
Coca-Cola FEMSA reported that it purchased sugar from Promotora Industrial Azucarera (PIASA) for Ps. 2.13 billion in the first nine months of 2022, an increase of 40.1% year-over-year. The company also acquired sugar from Beta San Miguel for 547 million pesos from January to September of the current
Arca Continental reported a 5.5% year-over-year increase in sales volume in the carbonated soft drinks category in Mexico in the third quarter of 2022. In particular, colas had a 5.5% increase in volume, mainly due to the performance of Coca-Cola Sin Azúcar, which continues with a double-digit growth
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