The U.S. Energy Information Administration (EIA) has announced that 10 new projects across the United States, Canada, and Mexico will significantly increase North America's liquified natural gas (LNG) export capacity within four years. According to EIA's forecast, the continent's LNG export capacity is expected to surge from the current 11.4 billion cubic feet per day (Bcf/d) … [Read more...] about North America’s LNG Export Capacity to Double in Four Years
Mexico
Mexican Government and Airport Operators Reach Agreement on Tariff Regulations
The Mexican government has announced that it has reached an agreement with private airport operators to make adjustments in tariff regulations and increase concession fees. The agreement includes Grupo Aeroportuario del Sureste (Asur), Grupo Aeroportuario del Pacífico (GAP), and Grupo Aeroportuario Centro Norte (OMA), which operate some of Mexico's busiest airports. The current … [Read more...] about Mexican Government and Airport Operators Reach Agreement on Tariff Regulations
Trucking and Logistics Company Raises Capital for Expansion
By Anthony Harrup Mexico City--Trucking and logistics company Grupo Traxion recently completed a successful follow-on offering, selling 143.3 million shares to raise capital for its expansion plans. The company aims to take advantage of Mexico's growing nearshoring trend. In the offering, Grupo Traxion sold 84.7 million shares in a primary offering and 58.6 million shares in a … [Read more...] about Trucking and Logistics Company Raises Capital for Expansion
