External demand is driving moderate growth in the Mexican economy, with an 8.2% year-on-year growth in foreign product shipments in September. Mexico is the 15th largest economy in the world and has generally enjoyed low but stable economic growth since the 1990s. Already, Mexican exports accumulate a growth
Triton International, Textainer and Florens Leasing ranked as the world’s largest intermodal leasing companies, by total TEUs. According to Drewry Maritime Research data, referred by Textainer, the world leader is Triton International with a 27.5% market share in intermodal leasing. For its part, Textainer achieved a market share
Textainer Group Hondings expects container prices to remain high by 2021. Broadly based in Hamilton, Bermuda, Textainer focuses on the purchase, lease and resale of ocean freight containers. In his perspective, container prices may remain high by 2021, as manufacturers are in a strong position to protect today’s
Visteon Corporation highlighted five trends in the global automotive industry, which operates cyclically and highly sensitive to general economic conditions. Above all else, the company believes that future success in the automotive industry depends, in part, on aligning with customers to support its efforts to effectively address the
The world’s top three merchandise traders –China, the United States and Germany– are also the top three traders of products critical to Covid-19, the World Trade Organization (WTO) reported. While these three economies’ share of total global merchandise trade was around 31% in 2020, their share of Covid-19-critical
Peñasquito, owned by the US company Newmont, is the largest gold and silver mine in Mexico. Ahead of other mining units such as Torex Gold’s Limón-Guajes and Fresnillo plc’s La Herradura, Peñasquito produced 526,000 ounces of gold in 2020. Likewise, above the Saucito and San Julián mining units,