Express Delivery Market in Brazil in Air Freight & Logistics Industry to grow by USD 1.49 billion | Technavio

The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. COVID-19 will have at Par impact on the express delivery market in brazil. As per Technavio’s pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.
The express delivery market in Brazil in the air freight & logistics industry is expected to grow by USD 1.49 billion, progressing at a CAGR of almost 4% during 2021-2025, as per the new report from Technavio. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
By Jesse Maida via Yahoo Finance
Latin America’s largest oil producer Brazil is one of the worst affected countries globally by the COVID-19 pandemic. According to the World Health Organization, Brazil is the third ranked country by volume of cases and second by deaths. There were fears earlier this year that the rapid spread of the virus would derail Brazil’s offshore oil boom, particularly with a surge in cases among energy sector workers. By March 2021 petroleum and natural gas production was in decline with total hydrocarbon output falling by nearly 3% year over year to an average of 3.6 million barrels of oil equivalent per day. Such was the severity of the pandemic and sharp increase in cases Brazil’s hydrocarbon production was expected to fall further. Nevertheless, by April operations began to recover and the country’s economically critical oil output was rising.
By Matthew Smith via Yahoo Finance
US crafts marketplace Etsy announced today (28) that it has signed a definitive agreement to acquire its Brazilian equivalent Elo7 as part of an international expansion plan.
June 28 (Renewables Now) – Brazilian solar equipment company Renovigi Energia Solar will build a factory in Ceara state for the production of photovoltaic (PV) systems, the local government announced on Friday.
Under a memorandum of understanding (MoU) signed by governor Camilo Santana, the company will invest BRL 12.4 million (USD 2.5m/EUR 2.1m) to construct the production facility in the Pecem Industrial and Port Complex. The site will also accommodate a distribution centre.
By Lucas Morais via Renewables Now
Swisscom (SCMN.S) plans to switch to the cloud platform of Amazon Web Services (AWS) (AMZN.O) for a range of applications which power its enterprise resource planning, operational support system, and analytics and contact center.
The Swiss telecom operator and AWS said in a joint statement they will also look to migrate Swisscom’s 5G network built on current infrastructure to a new, standalone 5G network powered by AWS’s cloud platform.
Reporting by Clara-Laeila Laudette and Supantha Mukherjee. Editing by Sonya Hepinstall via Reuters.
RIO DE JANEIRO, June 22 (Reuters) – The board of Brazilian travel company CVC Operadora e Agencia de Viagens SA has approved an offering of up to 480 million reais ($95.8 million) in new shares, the firm said on Tuesday.
In a securities filing, CVC said the company would offer a minimum of roughly 20.1 million shares and a maximum of roughly 25.1 million shares, at a price of 19.12 reais per share.
By Gram Slattery via Yahoo Finance
The lower house of the Brazilian Congress passed legislation on Monday paving the way for the selling off of the state’s majority shares in South America’s largest energy company Eletrobras.
With the sale of its 61% stake in the utility giant, formally known as Centrais Eletricas Brasileiras SA, the Brazilian government is hoping to raise around 25 billion reais ($5 billion, €4.2 billion).
Via DW
RIO DE JANEIRO, June 21 (Xinhua) — Brazil hopes to expand its fresh fruit exports to China by adding several of its leading products, Brazilian Agriculture Minister Tereza Cristina said on Monday.
In an interview with the foreign press, Cristina said Brazil is the third-largest fruit producer in the world, but a low-ranked exporter. The country only export melon to China.
Via Xinhua News
Brazil is certainly a country of great interest. For many, it’s a beautiful holiday destination. But for millions of natives, it’s a difficult place to exist. Because of its diversity, many photographers have made photos of Brazil. Some show its glory, while others show its reality. In this piece, we look back at the work we’ve featured that explores the truth of the largest country in Latin America.
By Dan Ginn via Yahoo Finance
June 21 (Renewables Now) – Brazilian telecom Claro SA announced last week it has connected to the grid the largest distributed generation (DG) biogas plant in the country, able to produce up to 4.65 average megawatts (MWa).
By Lucas Morais via Renewables Now
In 2014, the state of São Paulo, Brazil’s most populous region and one of Latin America’s most heavily urbanized areas, experienced a historic drought for more than two years.
“We had to take short showers,” said Christopher Wells, Banco Santander SA’s global head of environmental and social risk. “It makes you think about life in a very different way.”
By David Feliba via S&P Global Market Intelligence
SAO PAULO (Reuters) – Brazil’s government published a new regulation on Thursday to align rules for genetically modified (GMO) crops with global standards, a move the agriculture lobby says will make it easier to import more GMO soy and corn from the United States.
Under the new rules, published by Brazilian biosecurity regulator CTNBio in the official government gazette, crops with different genetic modifications can be transported in the same ship, provided each modification is already approved, industry group CropLife said.
By Roberto Samora via Reuters
A new submarine cable linking Brazil and Portugal has gone live as part of efforts around improving connectivity in the South American country.
The undersea link is 6.200km long, connects the Brazilian city of Fortaleza to Sines in Portugal, and allows data traffic at a speed of 100 Tbps, with 60 milliseconds.
By Angelica Mari via ZD Net
June 17 (Renewables Now) – Danish wind turbine maker Vestas Wind Systems A/S (CPH:VWS) has received a 348-MW order for an unspecified project in Brazil.
The name of the project and its owner were kept under wraps upon the customer’s request, Vestas said in a press release on Wednesday.
By Lucas Morais via Renewables Now
SÃO PAULO, Jun 16, 2021–(BUSINESS WIRE)–The Project Embarque + Seguro 100% Digital Boarding System, using the Brazilian government’s facial recognition, arrives this Tuesday (June 15) at the Congonhas Airport (SP). For the first time in the world, passengers on the air shuttle service between the capitals of São Paulo and Rio de Janeiro will participate in the simultaneous testing of this end-to-end technology without the need to present neither a boarding pass nor an identification document. The Project of the Ministry of Infrastructure, developed in partnership with Serpro and the Special Secretariat of Debureaucratization, Management and Digital Government of the Ministry of Economy, has already been tested at the airports of Florianópolis (SC), Salvador (BA), Santos Dumont (RJ) and Belo Horizonte (Confins).
Via Yahoo Finance
A decade ago, the segment still had just over 1.5 GW of installed capacity and today it is the second largest, only behind hydroelectric generation.
Wind generation in Brazil reached the mark of 19 GW of installed capacity, which represents 10% of the national electricity matrix. According to data presented by the Brazilian Wind Energy Association (Abeeólica), there are 726 wind farms and more than 8,500 wind turbines in operation. A decade ago, the segment still had just over 1.5 GW of capacity and today it is the second largest, only behind hydroelectric generation.
Via EVWind
SAO PAULO, June 15 (Reuters) – Funds managed by Advent International are investing $430 million in the Brazilian payments company Ebanx, financing its growth in Latin America ahead of an initial public offering planned for the coming months, Ebanx Chief Executive said on Tuesday.
CEO and co-founder Joao Del Valle said the company plans to use the proceeds from acquisitions to further expand operations in countries such as Mexico, Colombia and Argentina. Advent is also buying a stake from Ebanx’s existing investors.
By Carolina Mandl via Yahoo Finance
Brazil’s gross domestic product (GDP) is expected to grow by an average of 3pc/yr from 2027-2031, according to public energy planning company EPE.
Per capita GDP will reach $20,600 in 2031, according to estimates published by EPE. This estimate is used by the Brazilian government for planning in the energy and power sectors.
By Flávia Pierry via Argus Media
June 14 (Renewables Now) – Brazilian energy company Rio Alto Energias Renovaveis SA will implement a 1,625-MW solar power complex in Paraiba state, governor Joao Azevedo announced on Friday.
Named Santa Luzia, the solar project will consist of 28 farms with an individual capacity of 58 MWp. Rio Alto estimates it will initially invest some BRL 4.1 billion (USD 801.5m/EUR 662m) in the scheme.
By Lucas Morais via Renewables Now
There may not be a simple secret to improving public schools but, if there is a formula, then the Brazilian city of Sobral might lay claim to it.
Located in the historically poorer north-east of the country, the municipality of 210,000 residents once had middling learning outcomes. An assessment of third-grade students (aged eight) there two decades ago found that two out of five could not read a simple word.
By Michael Pooler via Financial Times
June 11 (Renewables Now) – Brazil’s Ministry of Science, Technology and Innovation (MCTI) will carry out a technical study that will measure the wind power potential of the coast between the states of Amapa and Rio Grande do Norte.
The announcement was made on Wednesday after a meeting between the MCTI minister, Marcos Pontes, and senator Davi Alcolumbre. In all, the government will invest BRL 5 million (USD 984,000/EUR 808,000) to conduct the study.
By Lucas Morais via Renewables Now
The Brazilian government will conduct its first power capacity auction in December, seeking companies willing to build generation capacity to begin serving demand in 2026.
The market is meant to handle the challenges of integrating intermittent power sources like wind and solar into the grid. But critics of the auction say its costs will be unfairly borne by consumers, and concerns are mounting that the plan will not add capacity soon enough to handle tightening supply in the short term.
By Flávia Pierry via Argus Media
Brazil’s health regulator Anvisa on Wednesday authorized Phase 1 and 2 clinical tests to be carried out on volunteers for the Butanvac vaccine developed by Sao Paulo’s Butantan Institute biomedical center.
The tests for the two-shot vaccine were initially authorized for 400 volunteers, but will later involve an expected total of 6,000 volunteers aged 18 and over, Anvisa said.
Via Reuters
Copa Airlines has the largest network in Latin America, reaching more international destinations than any carrier. Panama City is centrally located to connect flights to South America, Central America and the Caribbean.
They take pride in providing all of their passengers with world-class service, the best on-time performance in the region, and access to the most destinations through the Hub of the Americas. They are also proud of their ongoing efforts to ensure that they have a positive impact on society and the environment. That’s why their social responsibility strategy focuses on enhancing the growth and well-being of their employees, supporting improvements in the communities they serve, and protecting the environment.
Brazilian digital bank Nubank has announced today (8) that it has received a $500 million investment from Warren Buffett’s investment fund Berkshire Hathaway.
Berkshire Hathaway’s investment is an extension of the fintech’s $400 million Series G round announced in January. Buffett’s company also has StoneCo, a Brazil-based digital payments firm, among its tech investments in the region.
By Angelica Mari via Forbes
Brazil will receive a first batch of 3 million doses of the single-shot Johnson & Johnson (JNJ.N) vaccine against COVID-19 in the next few days, Health Minister Marcelo Queiroga said on Thursday.
Queiroga said export of the vaccines, developed by J&J’s Janssen subsidiary, from the United States still requires authorization by the U.S. Food and Drug Administration.
Via Reuters
Brazil’s economy grew by 1.2% in the first quarter, data showed on Tuesday, faster than economists had expected, as rebounding services and investments took Latin America’s largest economy back to is size at the end of 2019, before the pandemic hit.
It was the third consecutive quarter of growth. While the rebound has slowed, underlying figures suggest strong foundations for a continued recovery, prompting upward revisions to full-year forecasts and a surge in Brazil’s currency.
By Jamie Mcgeever via Reuters
Brazilian energy company Raizen, a joint venture between Royal Dutch Shell Plc (RDSa.L) and local group Cosan SA (CSAN3.SA), has agreed to acquire Shell’s lubricant businesses in Brazil, including a blending plant and a terminal in the state of Rio de Janeiro.
Via Reuters
Serrana (CNN)Hope has returned to the small city of Serrana, Brazil, after researchers vaccinated almost its entire adult population in a city-wide medical experiment this spring.
Brazilian health regulator Anvisa on Friday gave the green light for states to import the Russian COVID-19 vaccine Sputnik V, but with conditions attached.
Anvisa’s board voted 4-1 to grant the conditional approval after more than seven hours of deliberation, following the recommendation of its technical staff earlier in the day.
By Jamie McGeever and Lisandra Paraguassu via Reuters
Brazil’s communications Minister Fabio Faria said on Wednesday the government expects the spectrum auction for 5G networks to happen next month.
The minister does not expect the analysis of the auction rules by Brazil’s audit court TCU to delay the auction, saying the government has responded to all the court’s questions.
Faria said he expects all state capitals in the country to have 5G Stand Alone working by July next year. Telecom operators will have to comply with all the requirements of the auction by 2028. The auction mandates companies to deliver 4G internet networks to all Brazilian cities and fiber networks in Brazil’s northern region.
By Lisandra Paraguassu via Reuters.
Fintech and proptech are two sectors that are seeing exploding growth in Latin America, as financial services and real estate are two categories in particular dire need of innovation in a region.
Brazil’s QuintoAndar, which has developed a real estate marketplace focused on rentals and sales, has seen impressive growth in recent years. And today, the São Paulo-based proptech has announced it has closed on $300 million in a Series E round of funding that values it at an impressive $4 billion.
By Mary Ann Azevedo via TechCrunch