Uncertainty has a cycle, like everything else, which threatened to peak in 2016, as geopolitical risk took centre-stage in shaping the fortunes of global corporates. Our view: the net effects of anti-trade sentiment from growing nationalism, protectionism, and Brexit are likely to outweigh greater hope for fiscal stimulus in corporates’ investment planning.An overall stable outlook for corporate ratings in 2017 also fails to show persisting high levels of regional disparity. Net Negative Outlooks and Watches improved strongly in the U.S, but Latin American corporates are facing increasingly challenging conditions and a weakening credit trend with Negative Outlooks comprising 31% of our international rating portfolio. The slow recovery from the recession in Brazil, weak domestic growth rates in Chile, tax reforms in Colombia, and economic uncertainty in Mexico will continue to pressure ratings over the next 12 to 18 months.

近日，美国纽约材料科技公司“ Arconic”做出设想，到 2062 年，人类就可以利用 3D 打印技术制造出能抗击雾霾、净化空气的超级摩天大楼。大楼所使用的材料均为正在开发或已经问世，楼体涂有特殊涂层，能够起到自我清洁和净化周围空气的作用。这不禁让人充满期待。

长江大宗组发布推宗明本系列报告，交运篇对交运6 大子板块的运输结构、商业模式和研究框架等进行梳理，以求为您最快明晰交运行业的基本面特征。

The transportation sector plays a significant role in the Mexican economy. Besides accounting for about 6% of the country’s GDP and for 5% of the formal employment over the 2011-2015 period, the industry is an important support platform for economic activity generally. In the 2015-2016 Global Competitiveness Report, published by the World Economic Forum (WEF), Mexico ranked 65th out of 140 nations in terms of quality of overall infrastructure, having the fourth-highest score among the countries of Latin America, after Panama, Ecuador, and Chile. Between 2011 and 2015, passenger transportation by air, railways, and waterways expanded at brisk annual average rates of 9.6%, 6.3% and 6%, respectively. Nevertheless, what is typical for Mexico is the overwhelming share of road transport in terms of both assengers and cargo. In 2015, road transport accounted for 96.2% of passenger movement and for 56.1% of the cargo handled in the country.

The logistics business environment in Brazil has been affected by structural bottlenecks such as shortages in public infrastructure, political instability,recessionary environment, and low integration into global trade.This report covers the present scenario and the growth prospects of the 3PL market in Brazil for the period 2016-2020. To calculate the market size, this report considers the revenue generated by 3PL providers.

今年7月召开的国务院常务会议部署推进“互联网+物流”，提出构建物流信息互联共享体系，建立标准规范，加快建设综合运输和物流交易公共信息平台，提升仓储配送智能化水平，鼓励发展冷链物流；推进“互联网+”车货匹配、运力优化，实现车辆、网点、用户等精准对接。此前李克强总理曾提到：“发展‘互联网+物流’一定要和大众创业、万众创新结合起来。这既可以催生新技术、新模式、新业态，增强物流业竞争力，也能大大降低企业成本、提高经济整体运行效率。”

2015年，我国网购超过25万亿元，已连续4年年均增幅超过38.1%，占消费品零售总额首次超过10%。在网购的拉动下，直接服务于国内网购商务的快递业规模亦呈现快速增长态势，从2008年到2014年，我国同期快件数量从23.4亿件猛增到1703亿件，2015我国快递业务收入达2040亿元，中国成为世界第一快递大国。而到了2016年上半年，全国快递服务业继续快速发展，累计完成量为1325亿件，同比增长56.7%；业务收入累计完成17146亿元，同比增长43.4%；预计2020年全国快递业务量可达500亿件，年收入达到8000亿元。可见，电商平台的持续火热不仅促使快递行业蒸蒸日上，也进一步催生了电商物流量的井喷。

多式联运是一种集约高效的先进运输组织方式，从交通运输业的角度来看，发展多式联运更是交通运输转型升级的重要突破口。发展多式联运是一项系统工程，需要从基础设施、装备技术、标准规范、运营组织、主体培育、政策保障等方面整体推进。

文章从以金融机构主导的和以物流企业主导的两大类物流金融模式出发，重点研究存货质押模式、保兑仓模式和物流保理模式三种物流金融服务模式的运作流程、参与各方盈利模式以及各种模式下的优缺点，通过业务模式的分析识别物流金融业务风险点及关键控制点，从而为物流金融的有效运作及风险防范提出加强对质押物的检查、加强质押物损失管理、采取风险转移策略、加强监管人员职业道德建设和严控道德风险等实施对策及风险防范措施。

加强道路危险货物运输的发展建设是推动道路运输业更快更好的发展基础。科技信息化主要向抓基础、整资源、促应用和出人才几个方向发展，真正的推动道路危险货物运输事业稳步的向前发展，发挥其在国民经济发展中的主导地位，为切实保障民生的健康和安全，作出道路运输行业应有的贡献。