The planned merger of Germany’s Hapag-Lloyd and Compañia Sud Americana de Vapores (CSAV) moved closer after shareholders controlling just 2.7 percent of the Chilean company’s stock voted against the deal that will create the world’s fourth-largest ocean container carrier.
AAPA’s Latin American/Caribbean Management Conference to Explore Port Alliances, Development, Productivity
07 Mar 2014
Several container lines have scheduled rate hikes in multiple trade lanes from April to May, although any increases achieved could be temporary...
06 Mar 2014
Global air cargo surged 4.5 percent in January from a year earlier, driven by solid growth across all regions, but rising protectionism could clip growth, the International Air Transport Association said.
28 Feb 2014
Multiple container lines hope to increase rates in a variety of trade lanes from March through June, although any hikes achieved could be fleeting...
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.
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.
18 Feb 2014
Major carriers aim to hike rates in a variety of trade lanes in March, although any increases achieved could be temporary.
14 Feb 2014
Chilean carrier CSAV said it plans to add up to $600 million in capital to complete the financing of ships under construction and to help finance a proposed merger with German shipping line Hapag-Lloyd.
10 Feb 2014
Major container lines hope to increase rates in multiple trade lanes in March, April and May, although any hikes achieved could be fleeting.
07 Feb 2014
The global air cargo market faces a challenging year after growing just 1.4 percent in 2013, according to the International Air Transport Association.