The heavy equipment manufacturer saw second-quarter sales tumble 42 percent in North America as the economic effects of the COVID-19 crisis crushed end-user demand.
AAPA’s Latin American/Caribbean Management Conference to Explore Port Alliances, Development, Productivity
06 Mar 2020
Shippers and transportation providers are hoping the 2019 European Union–Mercosur free trade agreement will finally bring some much-needed stability to the northbound South America–Europe trade lane, but lawmakers in Europe are having a tough time ratifying the deal.
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.
09 Dec 2019
This month marks three years since Maersk unveiled its integrated container logistics strategy, but there is still some way to go before the carrier offers an effective end-to-end product.
30 Oct 2019
Shipping and its supply chain is facing a series of trade and environmental trends that will require a new approach from all parties, says UNCTAD.
30 Oct 2019
Progress is being made in the global decarbonization drive to cut CO2 emissions by the container shipping industry.
16 Sep 2019
Brazilian cotton exports to China are booming amid the US-China trade war, but stakeholders say the boost is highlighting carrier capacity shortages and sub-par infrastructure in the South American country.
16 Aug 2019
As tough as compliance with the IMO 2020 low-sulfur regulations will be, the switch to a cleaner fossil-based fuel will not be enough to achieve the IMO’s long-term zero-emissions target.
13 Aug 2019
Will stiff fines force greater compliance by shippers with hazardous cargo declaration, or is technology a better way to prevent devastating ship fires?
09 Aug 2019
Asian gateways continued to dominate the global port market in 2018, handling more than three-quarters of the total throughput of the top 50 container ports worldwide.
08 Aug 2019
With Rio de Janeiro’s Libra Terminal now in its stable of holdings, new owner International Container Terminal Services will look to boost the facility’s volumes amid competition from two rivals.