North American air cargo carriers reported a 23.4% increase in international demand in June 2021 compared to June 2019, IATA reported. Overall, underlying economic conditions and favorable supply chain dynamics continue to support air cargo carriers in North America. At the same time, international capacity decreased 2.1% compared
WTO members removed half of the restrictive measures on international trade related to Covid-19, that organization reported on Thursday. Members and Observers of the WTO continued to revoke measures implemented in response to the pandemic, and by mid-May 2021 around 21% of the pandemic-related trade facilitation measures and
McDonalds faces some degree of competition in the coffee market from Starbucks and Dunkin, according to an analysis published by The Henry Fund. McDonalds recently transitioned to its McCafe business model as the company begins to target the coffee market more. However, Starbucks is not necessarily known for
The United Nations Conference on Trade and Development (UNCTAD) highlighted that the world is increasing the use of smart agriculture. In general, the adoption of Internet of Things solutions for agriculture is constantly growing. According to UNCTAD, the size of the global smart agriculture market is expected to
Mexico‘s Federal Economic Competition Commission (Cofece) opposed the imposition of countervailing duties on imports of steel products in the second quarter of 2021. Although Cofece did not specify on which products it gave its opinion within the Foreign Trade Commission (Cocex), it stated in general terms that these
The United States faces Section 301 challenges in both the World Trade Organization (WTO) and the Court of International Trade (CIT). Headquartered in New York City, the CIT is a federal court in the United States that resolves civil actions arising from the customs and international trade laws