Midwest grain and soybean exporters who ship by barge down the inland waterways system will gain an advantage over global competitors at the end of 2015. That’s when the Panama Canal’s big new locks open to commercial traffic, allowing larger ships to carry more product from the U.S. Gulf to fast-growing markets in Asia at lower cost.
26 Jul 2013
U.S. containerized imports edged up 0.7 percent year-over-year in May, following year-over-year growth of 2 percent in April, according to advance figures from PIERS, a JOC sister company. U.S. containerized imports totaled 1.54 million 20-foot-equivalent units in May, the highest monthly volume since August 2012.
15 Jul 2013
Kerry Logistics has acquired a majority stake in Braservice, a Brazilian logistics and customs brokerage, to expand its services in the South American nation and strengthen ties with China and Asia.
10 Jul 2013
Dockworkers at the Brazilian port of Santos walked off the job but ended the protest early, with plans to strike again tomorrow, Reuters reports.
10 Jul 2013
Dockworkers at the Port of Santos in Braazil have planned a 24-hour strike today to protest the federal government’s push to privatize port terminals, according to a union leader, Reuters reports.
09 Jul 2013
Wilson Sons reported total container volume in the second quarter of 2013 was 229,300 20-foot-equivalent units, increasing 6.0 percent from 216,300 TEUs in the second quarter of 2012.
26 Jun 2013
Paranapanema, a refined copper producer in Brazil, is switching its domestic shipments from trucks to ocean freighters after 15 of its truck loads were hijacked in 2012...
25 Jun 2013
World coffee production for 2013/2014 season was forecasted at 146 million bags, down 4.4 million bags from the previous year...
21 Jun 2013
Protests in the areas of Brasília, São Paulo and Rio de Janeiro in Brazil may lead to disruptions in transportation, according to FreightWatch International.
21 Jun 2013
The sale of TNT’s domestic delivery business in China earlier this year as part of its global restructuring program will not disrupt its trucking and air links to the country, the integrator claims.
19 Jun 2013
IAG Cargo will offer additional freight capacity between London and Rio de Janeiro.