With the global middle class set to grow by nearly 3 billion people by 2030, congestion threatens to choke trade and economic growth, economist Walter Kemmsies told the SMC3 2015 JumpStart conference last week.
AAPA’s Latin American/Caribbean Management Conference to Explore Port Alliances, Development, Productivity
10 Dec 2014
The Brazilian port of Manaus will invest R$97 million (US 37.4 million) in automation at one container terminal and at a general cargo facility and buy new equipment after receiving private use status, exempting it from certain labor rules.
09 Dec 2014
Despite the resignation of CEO Eric W. Kirchner and a $34 million loss in its latest quarter, UTi Worldwide has passed a turning point, new CEO Edward G. Feitzinger said Dec. 9.
08 Dec 2014
Singapore-based Global Logistic Properties took a break from its rapid China expansion to partner with GIC in acquiring one of the largest logistics real estate portfolios in the US for $8.1 billion.
05 Dec 2014
Brazil’s trade deficit narrowed for the third month in a row in November as the economy continues to face headwinds.
05 Dec 2014
Multiple container lines plan to attempt general rate increases in numerous trade lanes in December and January, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
01 Dec 2014
Eurasian Economic Union and Mercosur officials met last week to see how members could strengthen trade relations and increase the movement of goods between trade blocs.
29 Nov 2014
China is speeding up its process of ditching a two-year ban on Brazilian red meat with a resumption of imports expected before Christmas, said Brazil’s agriculture minister, Neri Geller. And Saudi Arabia is expected to resume imports of Brazilian beef by the end of this year.
28 Nov 2014
Multiple container lines have planned general rate increases in numerous trade lanes in November, December and January, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
21 Nov 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October and November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
21 Nov 2014
It’s not just Brazilian ports that are struggling to meet demand. Brazilian road and rail projects are also suffering from severe delays caused by bureaucratic red-tape.