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.
22 Jun 2020
While food service and the retail grocery sectors adapt to new pandemic-linked realities, consumers’ food preferences remain unchanged.
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.
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.
18 Apr 2018
There are good reasons why participants at the 3rd Annual JOC Gulf Shipping Conference in Houston this week are bullish on US Gulf ports: the region’s growth is outpacing other US coasts, Asian import growth is promising, and the potential exists for Gulf ports to funnel a rebound in Latin American trade. Those are three legitimate growth engines and the resin boom has not even begun yet.
04 Apr 2018
Yilport, which signed a memorandum of understanding with the Mississippi State Port Authority in February, is promising to invest hundreds of millions of dollars in the state’s Port of Gulfport, which it says has the potential to feed volume, particularly refrigerated goods, between Gulfport and Yilport terminals in Ecuador and Peru.
19 Mar 2018
Terminal operators are trying to connect with owners of cargo and improve control of the end-to-end supply chain — moves that mirror those being employed by their container line customers.
08 Feb 2018
HMM has been South Korea’s flagship container carrier since the bankruptcy of Hanjin Shipping in February 2017.
02 Aug 2017
Seaboard, which specializes in Caribbean, Central America, and South American trades, is Miami’s largest carrier.
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.
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