The Maersk shipping company announced the start of a new service that connects the ports of Vietnam and China with the east coast of the United States through the Panama Canal, starting in May 2021. The new service is offered after container trade on East-West routes decreased 2%
Mexico would achieve cotton exports of 0.4 million bales in the 2021/2022 cycle, according to projections from the Department of Agriculture (USDA). Export levels largely depend on the quality of cotton, as exports from previous years increased after the rejection of the national textile industry. Earlier, 2020/2021 marketing
The Mexican Electricity Industry Law will affect the Mexican textile industry, an analysis by the Department of Agriculture (USDA) indicated. After the discussion and approval of the Chamber of Deputies, the Senate of the Republic approved on March 3 the Initiative for a Decree by which various provisions
Grupo Vasconia informed that it will operate, through its subsidiary Alucal, the largest aluminum rolling mill in Latin America. Headquartered in Cuautitlán, Mexico, Grupo Vasconia and its subsidiaries are dedicated to the manufacture and sale of flat aluminum, plate, sheet and foil, and to the manufacture and/or marketing
The peso begins the session with an appreciation of 0.17% or 3.5 cents, with the exchange rate trading around 20.28 pesos per dollar, after reaching a maximum on Thursday, April 1, of 20.4974 pesos. Since Friday, the main factor that has generated volatility in financial markets has been
The United States government asked its counterpart in Mexico that Mexican customs broker can operate in any port. Today, questioned the United States Trade Representation (USTR), Mexico continues to impose unjustified limits on the number of ports in which customs broker can operate. Specifically, Article 161 of the