Mexico has had a rapid expansion of electronic commerce driven by the Covid-19 pandemic, a BBVA report indicated. Online commerce has seen a quantum leap during the pandemic, according to bank estimates: from 1-2% to 5-8% of sales for retailers and from 5-6% to 20-25% of sales for
The closing of an FTA between Mexico and Ecuador is approaching after both governments concluded the ninth round of negotiations, reported the Ministry of Economy. At the end of January, both countries agreed to pre-close negotiations on an FTA during the seventh round of negotiations held in Mexico
A Treasury Department report ranked 10 of the top spirits and wine companies in the US market. Both wine and spirits products vary dramatically in price, from products under $10 for a standard 750ml bottle to hundreds and even thousands of dollars for specialty products. The lowest priced
The two largest companies that sell beer in the United States, Anheuser-Busch InBev (ABI) and Molson Coors Beverage Company, together account for 65% of the beer market nationwide, as measured by revenue. According to a Treasury Department report, this makes the US beer market highly concentrated by the
SSA Mexico increased its capacity in the Port of Manzanillo, Mexico, by 88% with the acquisition of Ocupa Holding and by going from 34 to 64 hectares of area in its terminals. A subsidiary of the American company Carrix, one of the main private capital port operators worldwide,
UPS, the world’s leading package delivery company, is transforming its fleet, including Tesla semis and Arrival vehicles. The company determines that there are no scalable solutions for aircraft or heavy vehicles at this time to achieve a science-based target for 2030 or 2035. The main decarbonization path for