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
14 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.
13 Nov 2014
CSAV, nearing its merger with Hapag-Lloyd, cut its third quarter operating losses by 24 percent year-over-year but still ended the third quarter in the red, the Chilean carrier announced said Wednesday
12 Nov 2014
The Brazil-U.S. Business Council, which is affiliated with the U.S. Chamber of Commerce, has signed a cooperation agreement with the Brazilian National Confederation of Industry to conduct studies on a potential trade agreement and report back to both governments on the results.
12 Nov 2014
Brazil's Special Ports Minister Cesar Borges has asserted that $1.095 billion) will be spent on the nation's ports sector before the end of 2015.
10 Nov 2014
Port congestion problems at some of North America’s largest gateways had a noticeable impact on vessel productivity in the first six months of 2014, according to JOC Group Port Productivity data.
09 Nov 2014
United Arab Shipping Co. is expanding its refrigerated container fleet as it targets new business in South America.
08 Nov 2014
Brazil's port managers and unions are uniting to try to keep the country's Special Ports Ministry separate from the Ministry of Transport.
03 Nov 2014
Canceled sailings and shrinking volumes are injecting more volatility on the Asia-east coast South America trade, Drewry says.
31 Oct 2014
Booming refrigerated shipments have given a boost to containerized operations at Brazil’s Port of Pecem, which is operated by APM Terminals.
30 Oct 2014
Russia, struggling after it enforced food embargoes on European Union countries, is ramping up its chicken imports from Brazil, registering a massive 291 percent year-over-year increase in imports of the white meat in September.