World automotive vehicle production increased 9% from 2022 to 2023, reflecting a 13% increase in vehicle production in Europe, 10% in China, 9% in North America and flat production in South America. In 2023, the automotive industry experienced an increase in global customer sales and production schedules, despite
The U.S. railroad company Union Pacific Corporation released its capital plan and safety targets for 2024. For the current year, the company expects its capital plan to be approximately US$3.4 billion, 8% less than in 2023. Union Pacific plans to continue making investments to support its growth strategy,
The generation infrastructure of Mexico‘s Comisión Federal de Electricidad (CFE) is diverse and encompasses different technologies. As of June 30, 2023, CFE’s generation sources were dominated by: combined cycle, hydroelectric and conventional thermal. Of the company’s total generation, 43.2% corresponded to combined cycle plants, which are electricity generation
While there are many methods of producing low-carbon hydrogen, green hydrogen is the most sustainable, making it the ideal production method, noted the UK government. Green hydrogen could facilitate the total decarbonization of the energy sector, thanks to the flexibility of hydrogen production and storage. Hydrogen could be
The National Council of the Maquiladora and Export Manufacturing Industry (Index) reported that the blockade on the Chihuahua-Ciudad Juarez highway in Mexico has lasted more than 15 hours. This blockade has slowed down the transportation of goods, causing economic losses for the border state. According to information gathered
Brazilian exports of cast, iron and steel fell at a year-on-year rate of 13.4% in 2023, to US$14.426 billion, according to data from Brazil‘s Ministry of Development, Industry, Trade and Services. Globally, Brazil ranked eleventh among the largest exporters of this type of products. In contrast, Brazilian exports