International Container Terminal Services, Inc (ICTSI), a global port management company based in Manila, Philippines, described the acquisition of new equipment for its terminals. For starters, the South Pacific International Container Terminal (SPICT) can now handle larger boxships after taking delivery of a pair of new ship-to-shore (STS)
In Mexico, Contecon Manzanillo (CMSA), the most important international logistics node on Mexico’s Pacific coast, acquired two Kalmar yard cranes and 15 state-of-the-art Terberg yard/terminal tractors as part of its $230 million expansion project by 2022. CMSA is a subsidiary of ICTSI (International Container Terminal Services), a global
The April manufacturing index from the Institute for Supply Management (ISM), which measures the breadth of growth in the manufacturing sector, rose to 47.1 in the United States in April 2023. In doing so, the index suggested that manufacturing activity contracted for the sixth consecutive month. In the
Soybeans, corn and beef dominated among U.S. agri-food exports in 2022, according to data from the Department of Agriculture (USDA). Ahead of all, soybean exports were $34.392 billion (+26% year-over-year) and then followed by corn ($18.609 billion, no percentage change). The third and fourth positions were occupied respectively
Dark chocolate is a functional food and a superfood, due to its high content of flavanols, antioxidants and minerals such as magnesium, zinc, iron and copper. Secondly, fortifying chocolate with active nutraceuticals creates a pleasurable and especially effective experience: the natural healthy fats in chocolate act as a
Tensions in the banking sector and tightening financial conditions have exacerbated downside risks to the U.S. economic outlook, said the Economic Commission for Latin America and the Caribbean (ECLAC). Regional banks play a leading role in lending to businesses. In ECLAC’s view, business investment, particularly in small businesses