Brazil isn’t just a hot spot for travelers; this vast Latin American country is attracting attention from businesses all over the world.
“The Brazilian marketplace as a whole is expanding very rapidly,” said Bill Scroggie, managing director of South America for Penske Logistics. “Brazil boasted economic growth rates of 7.5 percent in 2010. In addition, Brazil has a huge emerging middle class who now has purchasing power, increasing the demand for consumer staples such as cars, electronics and clothing. We’ve seen an increased demand from companies looking for logistics services to serve their growing businesses.” [Read more…]