Chicken exporters are among those shippers that have suffered major delays and rollovers of cargo at the south Brazilian port of Itajai after waves as high as 3.5 meter (11.4 feet) closed the gateway for four days earlier this week.
21 Apr 2015
A private sector-led campaign to lobby Brazilian authorities to allow Santos harbor to be deepened to allow the handling of larger ships is gaining momentum.
20 Apr 2015
U.S. containerized exports to the east coast of South America will shrink in 2015 by 2.4 percent from the prior year, thanks to unfavorable exchange rates between the Brazilian real and dollar, and subdued demand from Latin America’s biggest economic engine.
14 Apr 2015
A U.S. dollar in hyperdrive is helping exporters in some trading nations and setting the stage for a surge of U.S. imports.
13 Apr 2015
Operations at the port of Santos, Brazil, are expected to return to normal within the next couple of days as container terminals work through a backlog caused by the eight-day-long inferno at South America’s largest container gateway. The fire burnt out over the weekend.
09 Apr 2015
The fire that engulfed the Ultracargo terminal in Alemoa, Santos, Brazil, is finally under control — but not extinguished. Shippers, however, continue to face problems as containers pile up at several container terminals on the right bank of the port of Santos, Brazil’s biggest container port.
08 Apr 2015
The new head of the Brazilian Ports Ministry on Tuesday promised more investment in the nation’s ports and floated the idea of awarding longer dredging project contracts to get work done faster.
07 Apr 2015
After FedEx Corp. unveiled a $4.8 billion deal to acquire Dutch company TNT Express this week, the immediate focus was on how the merger would significantly boost the U.S.-based company’s footprint in the European express market.
07 Apr 2015
Shippers moving goods through Santos are grappling with road restrictions around Brazil and South America’s largest port, as firefighters attempt to squelch a fire at a liquid bulk terminal that’s been blazing for more than five days.
05 Apr 2015
Firefighters in Santos, Brazil, are combating a massive fire at the Ultracargo liquid bulk terminal in Alemoa for the fourth straight day, creating a nightmarish Easter holiday for shippers dependent on South America’s largest port.