Ferromex increased its participation in the freight rail transport service in 2021, while Kansas City Southern de México (KCSM) reduced its share. Ferromex transported 64 million 237,000 tons last year, reaching a market share of 49.5%, higher than its 2020 benchmark (48.2 percent). For its part, KCSM reduced
The volume of freight rail transport in Mexico registered a growth of 7.9% year-on-year in 2021, to 125 million 185,000 tons. If that volume is compared to that of 2019, the year before the pandemic, the increase is 3.8%, at an annual rate, according to data from the
Universal Electronics, an American provider of smart home technology, is scheduled to open its first factory in Vietnam in the third quarter of 2022. The company designs, develops, manufactures, ships and supports sensor and control technology solutions and a broad line of universal control systems, audio and video
ABB, a Swedish-Swiss multinational corporation, headquartered in Zürich, is building a new plant in Italy for its electric mobility division. This investment is intended to serve as a global center of excellence and production site for electric vehicle charging infrastructure. ABB’s Electrification Business Area capital expenditures for property,
Hostess Brands Sweet Baked Goods (SBG) accounted for 21.3% of its category, based on Nielsen‘s total universe for the 52 weeks ending January 1, 2022. Hostess Brands is a leading sweet snack company focused on the manufacturing, marketing and distribution of snack foods in North America that are
In 2021, PepsiCo and The Coca-Cola Company (TCCC) accounted for 22% and 19%, respectively, of the U.S. liquid soft drink category, based on estimated retail sales in channels measured by Information Resources, Inc. However, TCCC has a significant carbonated soft drink (CSD) share advantage in many markets outside