As companies shift manufacturing back from Asia to the western hemisphere, they are increasingly looking at Mexico as an alternative for low-cost production. Matt Hamson, chief executive officer of Coronado Logistics Inc., outlines the country's pros and cons.
A Nicaraguan committee approved a proposed route on Monday for a $40bn shipping channel across the Central American country that would compete with the Panama Canal.
BMW has confirmed the much anticipated news that it plans to invest approximately $1bn in a full production plant in the Mexican state of San Luis Potosí.
Among a slew of Latin American countries ready for retail expansion, Chile ranked first place in the 2014 A.T. Kearney Global Retail Development Index (GRDI).
Civil unrest in Venezuela has many shippers worried about the impact on the flow of goods into the country. Nelson R. Cabrera, director of business development with Lilly and Associates, has some advice on how to cope with the crisis.
In almost every town in Mexico, you will find at least one garish La Michoacana ice-cream parlour, a Mexican business success story, possibly as well known as Dunkin' Donuts is in the United States. But it is not a corporation, nor a brand, nor a franchise. It is a confetti of independent, family-owned ice-cream parlours.
