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The Chinese Olympic team wasn’t the only group of visitors from the manufacturing powerhouse in Brazil this month. Two different Chinese delegations toured the country looking for investment opportunities in Brazil’s ports, railways and other transport infrastructure. Brazil is targeting Chinese investment to bring down its logistics costs in order to bolster an export-led recovery to its embattled economy. One delegation of high-ranking Chinese businessmen included Hu Hong Rui, the director for Shanghai Port Services and several other leading officials from Shanghai. The group traveled throughout the country with freight forwarder Mac Logistic looking at investment opportunities in the city...

The Chinese Olympic team wasn’t the only group of visitors from the manufacturing powerhouse in Brazil this month.

International ports

Chinese visit to Brazil hints to potential port, railway investment

Estes wins battle to control sale of Yellow terminals amid tightening LTL capacity 

LA-LB must do more to reduce port emissions despite 2022 declines: regulator 

August volume boost, FAK rate revisions drive India-Europe rates higher

Trans-Atlantic blank sailings to ease despite loss-making rate levels 

More trans-Pac service cuts on tap for October as carriers seek to buoy rates 

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A US bankruptcy court approved a $1.525 billion bid by Estes Express Lines to be the “stalking horse” that sets the floor price for Yellow’s terminals at auction, controlling their sale in November.

Emissions spiked at the ports during the pandemic due to record container volumes and unprecedented supply chain bottlenecks that caused ships to idle at anchorage and trucks to back up at terminal gates.

Signaling some growth expectations, Indian container volumes saw gains in August, hitting 1.9 million TEUs, up 14% from 1.7 million TEUs a year earlier.

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Estes wins battle to control sale of Yellow terminals amid tightening LTL capacity

LA-LB must do more to reduce port emissions despite 2022 declines: regulator

August volume boost, FAK rate revisions drive India-Europe rates higher