Coca-Cola FEMSA announced on Friday that it became the only Mexico-based beverage company to be included in the S&P Global Sustainability Yearbook 2021. Today, Coca-Cola FEMSA is the largest bottler in the Coca-Cola System by sales volume. The company reported that its inclusion was due to its high
Ferromex and KCSM gained share in the Mexican rail market in 2020, according to data from the Ministry of Communications and Transportation (SCT). First, Ferromex went from a market share of 47.9% in 2019 to 48.2% in 2020. For this measurement, the movement of cargo by rail and
The SCT anticipated that the Mexican government plans to build a new customs office in the Port of Veracruz. First of all, the concessionaire of the Port of Veracruz is the Mexican mercantile company called Administración Portuaria Integral de Veracruz (APIVER), a parastatal company of the Federal Public
The Federal Telecommunications Institute (IFT) announced that it will tender for radio broadcasting frequencies in Sonora, Mexico. Ultimately, the IFT hopes to deliver the concessions in 2022. The purpose of this tender is to concession the use, exploitation and commercial exploitation of 234 frequencies in the segment from
The peso starts the session with a depreciation of 0.37% or 7.4 cents, trading around 20.38 pesos per dollar, with the exchange rate touching a minimum of 20.2535 and a maximum of 20.4468 pesos. With the above, the Mexican peso ranks as the most depreciated currency in the
Imports of gaseous natural gas in Mexico registered a year-on-year decrease of 16% in 2020. With this, these external purchases totaled 4.448 million dollars. The US federal government recently ended its ban on exports of oil produced in the lower 48 states of the United States. The general