The merits of Caribbean ports’ terminal overbuild depends on one’s stake. It's good news for container lines considering hub options in the Caribbean Basin but bad news for terminal operators seeking to entice them.
26 Nov 2018
28 Sep 2015
The DP World Caucedo transshipment hub in the Dominican Republic is moving forward with upgrades to accommodate the larger vessels that will be able to traverse the expanded Panama Canal next year and provide shippers with more warehouse capacity.
10 Oct 2014
Crowley Maritime and Seaboard Marine have formed a vessel sharing agreement for the Dominican Republic trade and have revised their existing VSA that serves Panama and Costa Rica.
04 Jul 2014
A decade after its signing, and five years after full implementation, the Central America Free Trade Agreement may not have transformed Central America into the powerhouse of textile and apparel trade forecast by some optimists, but it has facilitated significant growth in that sector of the region’s economy, along with diversification into other sectors.
14 May 2014
U.S. containerized exports edged down 0.5 percent year-over-year in March to 1,075,428 TEUs, the second consecutive month of decline
02 May 2014
Several carriers have planned general rate increases in multiple trade lanes in May and June, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
12 Mar 2014
Rising labor costs and a shortage of workers in coastal China are two of the most serious problems footwear producers in that country face...
28 Feb 2014
Multiple container lines hope to increase rates in a variety of trade lanes from March through June, although any hikes achieved could be fleeting...
06 Dec 2013
Hapag-Lloyd has expanded its fixed day, weekly Gulf Caribbean Service to include eastbound and westbound calls in Guatemala, Honduras, Costa Rica, Panama and Colombia.
03 Dec 2013
Maersk Line has announced a new weekly intra-America service, which is the result of a slot charter agreement with Hapag-Lloyd.
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