XPO Logistics’ competitors include local, regional, national and international companies such as C.H. Robinson, FedEx, Old Dominion Freight Line and Saia. XPO Logistics operates in highly fragmented markets alongside thousands of companies that compete nationally and internationally in quality of service, reliability, scope and scale of operations, technological
Ukraine benefited from a sharp increase in the prices of its main export products, including grain and iron, according to a report by French credit insurer Coface. Russia militarily invaded Ukraine this Thursday, which led to a wide series of sanctions and questions from third countries. Already in
In the fourth quarter of 2021, foreign trade in goods increased more strongly in developing countries than in developed ones, indicated the United Nations Conference on Trade and Development (UNCTAD). Developing country exports in the fourth quarter of 2021 were about 30% higher than in the fourth quarter
The shortage of semiconductor chips affected the auto parts company Nemak with an 11.3% year-on-year drop in its EBITDA in the fourth quarter of 2021. According to Intercam Banco, the effects of lower volume were partially offset by the improvement of the product mix, largely attributable to the
Vestolit & Alphagary‘s Orbia business (Polymer Solutions) took advantage of high PVC price levels in 2021, allowing it to grow its revenue at a rate of 58% year-on-year. With this, its income in this business was 3,438 million dollars, driven by the strong demand of the construction industry
Gruma, one of the largest producers of corn flour and tortillas in the world, has invested 541 million dollars in the last three years. After investing 91 million dollars in 2019 and 164 million in 2020, the company again recorded growth in this indicator in 2021, reaching 286