U.S. private equity group KKR is seeking a buyer for its majority stake in U.N. Ro-Ro, the Turkish roll-on, roll-off shipping line it acquired in 2007.
06 Aug 2013
The volume of containerized exports from South and Central America to North America in May climbed to its highest level since October 2011, according to data from Container Trades Statistics, Ltd. Latin American exports saw increases in almost all trade lanes, with the exception of a large decline to sub-Saharan Africa.
02 Aug 2013
Major container lines have announced rate increases for a variety of trades, as detailed below, slated to take effect in
01 Aug 2013
Containerized exports from North America to all reported regions, with the exception of Far East Asia, were up in May 2013, according to data from Container Trades Statistics Ltd. This is the second straight month of year-over-year increases to all other regions, and the third straight month of declines of exports in Asia.
31 Jul 2013
Austrian Post has completed the acquisition of its 25 percent share in Aras Kargo, a Turkish parcel service provider, following anti-trust approval.
29 Jul 2013
Exports from the Indian Subcontinent to Europe are moving closer in number to the amount of containers exported to current top trade partner Far East Asia, as the region continues to slip, according to data from Container Trades Statistics. Exports to all other reported regions were up this month.
29 Jul 2013
U.S. containerized exports rose 1.5 percent year-over-year in May, totaling 1,044,837 20-foot-equivalent units, according to preliminary figures from PIERS, a JOC sister company.
26 Jul 2013
Major container lines have announced rate increases for a variety of trades, as detailed below, slated to take effect in August and September.
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.
25 Jul 2013
Effective Aug. 1, Maersk Line will boost rates on its trade from South Africa to the Middle East and Indian subcontinent by $100 per 20-foot container.
23 Jul 2013
Containerized export volume from Australasia/Oceania to most reported regions experienced significant declines in May 2013, according to data from Container Trades Statistics Ltd. Exports to Far East Asia, however, jumped 10.6 percent.