After a year of surging sales of foodstuffs to Russia owing to economic sanctions imposed by the U.S. and European Union and retaliatory actions by Russia, Brazil is now possibly the largest supplier of food to Russia, according to the SovEcon consultancy.
26 Feb 2014
Containerized cargo at Gulf ports is benefiting from a north-to-south shift in U.S. population growth, growth in the region’s automotive and chemical industries and investment in container-handling facilities.
20 Feb 2014
Singapore-based logistics developer GLP adds $230 million to its Brazilian development fund, which now totals $1.1 billion, to build out leasable distribution space in Brazil.
05 Feb 2014
DP World handled nearly 55 million TEUs at its global terminals in 2013, down 1.9 percent from the previous year’s 56.1 million TEUs, due to the sale of a facility in Hong Kong.
30 Jan 2014
TNT Express today announced it will retain its domestic delivery operation in Brazil following the termination of talks with potential bidders for the business.
13 Jan 2014
U.S. containerized import volume inched up 0.3 percent year-over-year in December, according to advance figures from PIERS...
10 Jan 2014
The global beverage trade will be a key contributor to shipping demand growth over the next five years, according to a new report.
31 Dec 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in January and February.