A decade after its signing, and five years after full implementation, the Central America Free Trade Agreement may not have transformed Central America into the powerhouse of textile and apparel trade forecast by some optimists, but it has facilitated significant growth in that sector of the region’s economy, along with diversification into other sectors.
10 Jun 2014
U.S. containerized imports jumped for the third straight month in May, rising 5.9 percent year-over-year.
13 May 2014
U.S. containerized import volume climbed 7.8 percent year-over-year in April 2014.
02 May 2014
Several carriers have planned general rate increases in multiple trade lanes in May and June, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
14 Apr 2014
U.S. containerized import volume jumped 15.1 percent year-over-year in March 2014, the largest increase in 13 months, according to advance figures from PIERS, the data division of JOC Group Inc.
18 Feb 2014
U.S. containerized import volume rose 6.2 percent year-over-year in January 2014, according to advance figures from PIERS, the data division of JOC Group Inc. Imports totaled 1.58 million TEUs in January. January imports were up roughly 10 percent from containerized volume in December.
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.
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.
21 Aug 2013
Zim Integrated Shipping Services has launched a new Florida Central America service connecting Miami; Santo Tomas de Castilla, Guatemala; and Puerto Cortes, Honduras.
14 Aug 2013
Maersk Line has revised its South Atlantic Express service.