Logistics
Cemex acquires 51% of construction waste recycling company in Israel
MEXICO – Mexican cement giant Cemex announced the acquisition of a 51% stake in SHTANG Recycle LTD, a construction, demolition…
Fibra Mty to invest US$662 million to buy industrial portfolio
MEXICO – Fibra Mty, an industrial real estate investment trust, will present at its meeting a proposal to acquire a…
FedEx and PENSTONE inaugurate new plants in Guanajuato
GUANAJUATO – The government of Guanajuato inaugurated three investment projects in Salamanca by FedEx Express Mexico, Penstone and Grupo Altea…
Eleva Park will have the first world-class industrial park in Michoacan
MICHOACAN – Eleva Park, a project promoted by the Municipality of Tarímbaro and Private Initiative, will be the first world-class…
DHL Express arrives at AIFA
MEXICO CITY – DHL Express Mexico confirmed that, together with its international cargo operating partners, it will add a new…
Relocation of cargo operations to AIFA will boost the central region of the country
MEXICO CITY – The head of government, Claudia Sheinbaum Pardo, assured that the move of the logistics operations of the…
Mexico surpasses China as furniture supplier to the U.S.
JALISCO – Production in Jalisco’s furniture industry increased by 9% at the end of 2022, after Mexico gained ground over…
Avery Dennison announces new investment in Queretaro
QUERETARO – Avery Dennison (NYSE: AVY) announced the expansion of operations at its Queretaro plant in order to expand production…
Burger King to invest US$15 million in Mexico
MEXICO – The fast food chain Burger King will invest more than US$15 million to renovate and open restaurants in…
Finsa records 99% occupancy rate in 2022 thanks to nearshoring
MEXICO – The nearshoring during 2022, as well as the high demand for industrial space in Mexico, left positive results…
Queretaro increased its exports of electronic devices
QUERETARO – Exports for the manufacture of accessories, electrical appliances and electrical power generation equipment reached a value of US$2.2…
Air cargo grows by 1.8% in 2022
MEXICO – Air cargo movement in Mexico from January to November of last year was of 1,048,807.2 tons, which meant…
Mexican airline acquires 49% of Galistair
MEXICO – mas Cargo Airline announced that it has acquired 49% of Galistair Trading LTD, a European airline specializing in…
Queretaro stands out in employment generation
QUERETARO – From January to November 2022, 46,391 new jobs were generated in Queretaro, a figure that implies a 54.6%…
Aeromexico plans to open a new direct flight Monterrey-Madrid
MONTERREY – As of June 2023, Aeromexico will open a direct daily flight from Monterrey to Madrid, as announced by…