A $60 million funding round into LatAm forwarder Nowports continues a trend of late-2021 cash infusions into early-stage logistics startups by big-name investors, including Tiger Global and SoftBank.
31 Jul 2020
The Latin American market can leapfrog past its supply chain inefficiencies by using technology, but there’s an uphill climb to overcome inertia and differences between markets, a Chile-based forwarder told JOC Uncharted this week.
07 May 2020
There is little demand for non-essential consumer goods, forcing shippers to store boxes filled with products that are not needed in economies that are still mostly closed.
19 Feb 2020
A weak container shipping environment in the fourth quarter was unable to prevent Hapag-Lloyd growing both revenue and average freight rates across the year.
10 Jan 2019
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership, which took effect Dec. 30, will contain 495 million consumers.
30 Jul 2018
Cosco Shipping Lines was able to contain the damage from last week’s cyber attack to its operations in the Americas, and cargo handling in the United States, Canada, and South America at its marine terminals was largely unaffected because Cosco isolated its internal networks across its global operations.
11 Apr 2018
Shippers looking to send goods from Latin America west — especially from Mexico — to China and the Far East, and in the other direction, have a growing list of options after the launch of three new services.
08 Feb 2018
HMM has been South Korea’s flagship container carrier since the bankruptcy of Hanjin Shipping in February 2017.
06 Dec 2015
Following the merger of Compania Sud Americana de Vapores, also known as CSAV, with Hapag-Lloyd and the takeover of Compania Chilena de Navegacion Interoceanica, or CCNI, by Hamburg Sud, the two Chile shipping companies are focused on domestic business.
04 Dec 2015
As more terminal capacity comes online and volume remains muted, port operators along South America’s west coast, principally in Peru and Chile, are expecting competition for cargo to be fierce in 2016.
17 Sep 2015
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