Mexican imports of products climbed 18.5% in January at the annual rate, which amounted to 40,185.4 million dollars, reported the Inegi. With series adjusted for seasonality, total imports registered a monthly fall of 3.42%, which was derived from decreases of 3.47% in non-oil imports and 2.96% in oil
The shortage of semiconductors could affect the growth of Mexico’s GDP in 2021 by approximately 1.3 percentage points, highlighted a member of the Governing Board of the Bank of Mexico (Banxico). On the supply side, the majority of the members of the Governing Board highlighted the weakness of
Mexico‘s automotive exports fell 20.5% year-on-year in January, to 8,250.3 million dollars, Inegi reported this Friday. Mexico is the world’s sixth largest manufacturer of passenger vehicles, the largest automotive supplier in the United States and the world’s leading exporter of tractor-trailers. In 2021, Mexico’s automotive exports were 139,841
David Peñaloza Alanís is the current president of the Board of Directors and general director of Promotora y Operadora de Infraestructura (Pinfra). Before, he worked at Société Générale, GBM and Serfin. Based on the number of concessions in its portfolio, Pinfra is one of the main concession operating
Pinfra reported that its Altamira Port Terminal has not yet surpassed its results prior to the Covid-19 pandemic. However, the recovery of the port’s cargo is evident, since its revenues during the fourth quarter of 2021 were 9% above those of the fourth quarter of last year. In
XPO Logistics’ competitors include local, regional, national and international companies such as C.H. Robinson, FedEx, Old Dominion Freight Line and Saia. XPO Logistics operates in highly fragmented markets alongside thousands of companies that compete nationally and internationally in quality of service, reliability, scope and scale of operations, technological