Based on estimated confidence intervals, global merchandise trade growth in 2022 could be as low as 0.5% or as high as 5.5%, but could also fall outside this range if underlying macroeconomic conditions change greatly. These are the latest World Trade Organization (WTO) forecasts for merchandise trade. From
The Port of Rotterdam has one of the best practices in the digitization of ports in the world and runs a Digital Twin project. In that port, a knowledge base has been created within the community’s human capital to test, develop and implement a broad technology ecosystem, ranging
CFE’s projected investments for the Isthmus of Tehuantepec for the period from 2019 to 2033 total 1,618 million pesos. The CFE, a company owned by the State of Mexico that produces and markets electricity, as a member of the Institutional Technical Committee formed together with other federal agencies,
U.S. exports of certain miscellaneous plastic products grew by $4.4 billion (18.3%) to $28.7 billion, according to the U.S. International Trade Commission (USITC). Plastic products with the largest increases in these international sales included those used in the global construction and automotive sectors, both of which saw strong
Automaker Ford announced Thursday that it projects to reach an annual production target of 600,000 electric vehicles by the end of 2023 and more than 2 million by the end of 2026. Ford expects the compound annual growth rate of electric vehicles to exceed 90% by 2026, more
The U.S. domestic truckload freight market in 2021 was approximately $732 billion, according to Statista. In the same period, the Mexican domestic freight market was estimated at approximately $45 billion. Likewise, the U.S.-Mexico cross-border freight market grew to $461 billion in 2021, while Mexico’s trade with the U.S.