Central America

Central America

Ocean carrier rate revision roundup for Aug. 22
22 Aug 2014
Multiple container lines have planned general rate increases in numerous trade lanes in the coming months, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
Envelope of money being handed over
09 Dec 2013
The takeover of the Lazaro Cardenas port in November by the Mexican army underscores an enduring reality in Latin America: its ports a breeding ground for corruption, according to the global risk consultancy Control Risks.
Gulf Caribbean Service’s new port rotation.
06 Dec 2013
Hapag-Lloyd has expanded its fixed day, weekly Gulf Caribbean Service to include eastbound and westbound calls in Guatemala, Honduras, Costa Rica, Panama and Colombia.
Port rotation for MesoAmerica Express.
03 Dec 2013
Maersk Line has announced a new weekly intra-America service, which is the result of a slot charter agreement with Hapag-Lloyd.
15 Nov 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in November, December and January.
Suez Canal
11 Nov 2013
The Suez Canal is steadily luring Asia-to-east coast of North America traffic from the Panama Canal thanks to the economies of scale it offers ocean carriers...
08 Nov 2013
Is the Panama Canal losing its position as the dominant route for East Coast importers of cargo from Asia? Will it be able to regain the services it has been losing to the Suez route when it’s finally able to open its large new locks to post-Panamax ships at the end of 2015?
U.S. containerized imports through August 2013. Source: PIERS
07 Nov 2013
U.S. containerized imports climbed 5.2 percent year-over-year in August, according to advance figures from PIERS, a JOC sister company. U.S. containerized imports totaled 1.62 million 20-foot-equivalent units in August. This was the largest year-over-year jump since February 2013.
04 Nov 2013
CMA CGM has added a weekly call at the Port of Vitoria, Brazil, to its fixed-day, weekly BRAZEX service connecting South America’s east coast to the Caribbean.
01 Nov 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in November and December.
01 Nov 2013
Don’t count on exports to the Caribbean and Central America as a panacea for what ails the sputtering trade with the rest of the recovering world economy this year. What were fast-growing trade lanes are taking a breather. Many tourists are opting to skip their tropical vacations, so those islands are not importing retail goods in anything like the quantity they need when snowbirds come flocking.