Germany remained the leader in locomotive exports, with foreign sales of 676 million dollars in 2021. The amount represents an increase of 14.4% with both 2020 and 2019, because in these last two years exports were the same, of 591 million dollars, according to data from the German
Canadian Pacific Railway (CP) expects to invest approximately $1.55 billion in its capital programs by 2022, primarily in rail and road. These capital programs will be financed with cash generated from operations. About 60 to 70% of planned capital programs are for roads and highways. The company also
The Spanish company CIE Automotive recorded a 19% year-on-year increase in its operating income in 2021, to 3,501 million euros. At the same time, the company increased its profit by 50.3%, to 293 million euros. Its results were above the world performance. After the 2020 financial year, 2021
The United States obtained the first position among the largest container importers in 2021, with purchases of 1,032 million dollars. According to Triton International, the world’s largest lessor of intermodal containers, the industry faces a number of environmental concerns, including potential liability due to the accidental discharge of
The United Arab Emirates (UAE) is one of the members of the Pan Arab Free Trade Area (PAFTA), which was established in 1998 with the aim of creating an Arab Free Trade Area (also called the Greater Arab Free Trade Area -GAFTA-) by 2005, by progressively eliminating tariff
The costs of Covid-19 were relatively higher in terms of GDP in the European Union and in relation to health in the United States, highlights a report released by the European Commission. Before the pandemic, the euro area and the United States faced broadly comparable economic conditions. Labor