Jaime Chico Pardo is a member of the Board of Grupo Bimbo and of the Advisory Board of BDT Capital Partners, a private investment firm. Previously, he served on the boards of Honeywell International, AT&T and American Funds Mutual Funds. He has also served on the Board of
The Canadian antitrust authorities initiated in 2017 an investigation against Grupo Bimbo regarding alleged collusion among various participants in the bakery industry. This investigation includes Canada Bread, which to date has not been charged for such conduct. Grupo Bimbo is cooperating with the Canadian authorities in this process.
Mexico‘s listed companies reported their fourth quarter 2023 financial results, which were affected by the appreciation of the Mexican peso. This exchange rate had a negative effect on export and foreign sales revenues when translated into local currency. As a consequence, the companies had a decrease in their
JB Hunt Transport Services, Inc. operated a fleet of 5,944 company-owned tractor-trailers in its intermodal segment at the close of 2023, down 2.3% compared with 2022. Also, the intermodal segment, called JBI, of this U.S. transportation and logistics company had 118,171 company-owned trailer rigs systemwide, up 2.6%, in
Mexico‘s federal government has prioritized the expansion of the country’s railway system for both freight and passenger transportation. As a starting point, in July 2023, the Ministry of Infrastructure, Communications and Transportation announced an investment of 145.9 billion pesos for the construction and renovation of 209 kilometers of
The U.S. companies Pepsico and Walmart jointly committed US$120 million to support regenerative agriculture. What is regenerative agriculture? It focuses on the enhancement and regeneration of natural soil resources and biodiversity through sustainable and resilient practices. Pepsico reported that it is working to expand and share regenerative practices