Ongoing congestion and delays on the US West Coast have led Hapag-Lloyd to temporarily halt bookings for all cargoes due there from Latin America as carriers announced general rate increases on the trade.
23 Feb 2021
High and heavy shipper John Deere's earnings spiked 137 percent year over year in the first quarter of the company’s fiscal 2021 as strong crop prices and post-pandemic inventory restocking boosted sales.
16 Sep 2019
Brazilian cotton exports to China are booming amid the US-China trade war, but stakeholders say the boost is highlighting carrier capacity shortages and sub-par infrastructure in the South American country.
08 Aug 2019
With Rio de Janeiro’s Libra Terminal now in its stable of holdings, new owner International Container Terminal Services will look to boost the facility’s volumes amid competition from two rivals.
23 Jul 2019
Negotiations this week will attempt to cool the tensions building among freelance truckers in Brazil, who are unhappy with new minimum rates the government attempted to implement.
22 Jul 2019
Cosco had a 10.3 percent share of capacity on the east coast of South America-to-Far East route earlier this year, and has plans to grow that with extra loaders and bigger vessels through the remainder of 2019.
15 Jul 2019
The new CEO of the Santos port authority has ambitious plans for South America’s largest container port, including building closer ties to China.
27 Jun 2019
The uneasy labor truce between workers at the Brazilian port of Santos and port authority Codesp will extend at least through July.
29 May 2019
Santos workers and management will keep talking in a bid to reach a new labor deal, though the union still set June 30 as the next strike deadline.
28 May 2019
More than 1,000 workers are due to walk off the job in a protest that is more broadly about the potential privatization of the Santos port authority.
15 May 2019
Container carriers skipped sailings on two loops and slowed service on another between Asia and the east coast of South America, but the resulting bump in spot rates was short lived.
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