The Full Truck Alliance (FTA) company operated the world’s largest digital cargo platform by gross transaction value (GTV) in 2021, according to the CIC Report. Overall, the company has transformed China‘s trucking industry by pioneering a digital, standardized and intelligent logistics infrastructure across the value chain. The FTA
Coca-Cola FEMSA paid on average 14% more in 2021 for its sugar and PET resin acquisitions compared to 2020. The prices of certain raw materials, including those used in the bottling of its products, primarily PET resin, finished plastic bottles, aluminum cans, high fructose corn syrup (HFCS), and
The luxury goods market will register a compound annual growth rate of between 6 and 8% from 2021 to 2025, according to forecasts by Bain & Company. With the exception of 2020, the global market for this segment has shown continued average growth. Demand in the personal luxury
China remains the world’s leading source of piracy and counterfeit products, the United States Trade Representative (USTR) concluded. This assessment was included in the USTR’s 2022 Special 301 Report on the State of Intellectual Property (IP) Protections. For example, a recent report identified China and Hong Kong as
The industrial center of Ternium in Pesquería strengthened the company‘s position in the high-end steel market sector. With this, Ternium gave way to a gradual replacement of imported goods in key industrial segments. In addition, the commissioning of a new hot rolling mill in this industrial center in
The Baltic Dry Index, or BDI, is published daily by the Baltic Exchange Limited, or Baltic Exchange, a London-based membership organization that provides daily shipping market information to the global investment community. The Baltic Dry Index is an average of selected ship brokers’ assessments of the time charter