South America

Michael Behrendt, chairman of the executive board of Hapag-Lloyd (left), and Oscar Hasbún, CEO of CSAV, today at Hapag-Lloyd headquarters in Hamburg after the signing.
16 Apr 2014
Hapag-Lloyd and CSAV signed a binding contract to complete a merger to create the world’s fourth-largest container line.
Ocean Carrier Rate Revision Roundup for March 28
28 Mar 2014
Multiple carriers have planned rate increases in various trade lanes in April and May, although any gains achieved could be fleeting as overcapacity and lackluster global demand continues.
27 Mar 2014
SeaLand, the newly founded intra-Americas regional carrier of Maersk Group, has announced its executive team.
24 Mar 2014
Fifteen years after China initiated its “Going Global” strategy, its trade with the major nations of South America has increased rapidly, and China has become an increasingly large purchaser of South American raw materials, and supplier of loans and investment capital.
Ocean carrier rate revision roundup for March 21
21 Mar 2014
Several container lines have scheduled rate hikes in multiple trade lanes from April to May, although any increases achieved could be temporary...
20 Mar 2014
Shareholders of Chilean ocean carrier CSAV are expected to approve tomorrow a possible merger with Hapag-Lloyd that would create the world’s fourth largest container shipping line.
U.S. containerized imports through February 2014. Source: PIERS
13 Mar 2014
U.S. containerized import volume fell 7.2 percent year-over-year in February 2014, according to advance figures from PIERS, the data division of JOC Group Inc.
Mexico was the top market for U.S. pork exports by volume in January, although the No. 1 market in terms of value was Japan.
12 Mar 2014
U.S. red meat exports kicked off 2014 on a “positive note,” although market conditions suggest the year ahead could be “challenging,” according to statistics...
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...
Air cargo being loaded on an Emirates plane.
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.
Ocean Carrier Rate Revision Roundup for Feb. 28
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...

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