Multiple container lines hope to increase rates in a variety of trade lanes from March through June, although any hikes achieved could be fleeting...
26 Feb 2014
Containerized cargo at Gulf ports is benefiting from a north-to-south shift in U.S. population growth, growth in the region’s automotive and chemical industries and investment in container-handling facilities.
20 Feb 2014
Singapore-based logistics developer GLP adds $230 million to its Brazilian development fund, which now totals $1.1 billion, to build out leasable distribution space in Brazil.
05 Feb 2014
DP World handled nearly 55 million TEUs at its global terminals in 2013, down 1.9 percent from the previous year’s 56.1 million TEUs, due to the sale of a facility in Hong Kong.
30 Jan 2014
TNT Express today announced it will retain its domestic delivery operation in Brazil following the termination of talks with potential bidders for the business.
13 Jan 2014
U.S. containerized import volume inched up 0.3 percent year-over-year in December, according to advance figures from PIERS...
10 Jan 2014
The global beverage trade will be a key contributor to shipping demand growth over the next five years, according to a new report.
31 Dec 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in January and February.
19 Dec 2013
U.S. containerized import volume fell 9.2 percent month-to-month in November, according to advance figures from PIERS, a JOC sister company. Imports totaled 1.45 million 20-foot-equivalent units in November. Volume remained flat year-over-year, following seven consecutive months of increases.
09 Dec 2013
The takeover of the Lazaro Cardenas port in November by the Mexican army underscores an enduring reality in Latin America: its ports a breeding ground for corruption, according to the global risk consultancy Control Risks.
27 Nov 2013
Midwest grain and soybean exporters who ship by barge down the inland waterways system will gain an advantage over global competitors at the end of 2015. That’s when the Panama Canal’s big new locks open to commercial traffic, allowing larger ships to carry more product from the U.S. Gulf to fast-growing markets in Asia at lower cost.