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
Spot shipping rates continued to decline as carriers had some capacity freed up, the Federal Reserve Bank of Richmond (Richmond Fed) indicated. Globally, the Drewry Composite World Container Index (WCI) decreased 3% last week to $3,383.46 per 40-foot container. Shipping The WCI is the leading source of frequent,
The Global Indicator of Economic Activity (IGAE) of Mexico increased 1% in August 2022, at a monthly rate and with seasonally adjusted figures, Inegi informed this Tuesday. In a panoramic manner, the Mexican economy manifested during the last five years a relatively slow growth, exacerbated by the negative
An electric vehicle requires an average of 15,000 individual parts/components, says the American Automotive Policy Council (AAPC). To consider: the typical passenger vehicle with an internal combustion engine has about 30,000 individual parts and components. In any case, the automotive supply chain is the longest and most complex