Carriers are deploying extra capacity and launching new services to accommodate strong exports of produce and seafood from the west coast of South America to Asia and the Mediterranean.
09 May 2019
The first Central American vessel as part of two vessel strings from Seaboard Marine to the US East coast visited Savannah this week, a growing trade lane that has generated a 70 percent increase in imports in Georgia since 2014.
26 Nov 2018
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.
14 Feb 2018
US imports from Central America surpassed 1 million TEU for the first time ever in 2017.
03 Aug 2016
APM Terminals will pay millions to keep its concession at the Terminal de Contenedores Quetzal in Guatemala after the global terminal operator was swept up in a bribery scandal that predated its takeover of the container terminal.
15 Jul 2016
APM Terminals is caught up in a Guatemalan bribery scandal.
03 Sep 2014
Grup TCB has broken ground on a container terminal yard extension at Guatemala’s port of Quetzal that will help the terminal operator get ready for the extra traffic that is expected from the opening of the expanded Panama Canal.
05 Jul 2014
A decade into CAFTA-DR, the labor rights issue continues to cast a dark shadow over foreign-owned, low-wage manufacturing plants, especially in Guatemala.
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.
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.
07 Apr 2014
U.S. containerized exports tumbled 9.0 percent year-over-year in February to 923,493 TEUs, the lowest monthly volume in 32 months, according to preliminary figures from PIERS, the Data Division of JOC Group. This 9.0 percent drop was also the steepest year-over-year decline since August 2009.
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