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| U.S. exports to Colombia up 20% with FTA |
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Thursday, May 16, 2013
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The White House on Wednesday welcomed growing exports for U.S. businesses, farmers, and ranchers on the first anniversary of the entry into force of the U.S.-Colombia trade agreement. Via the U.S.-Colombia free trade agreement, U.S. manufacturers have substantially increased their exports to the South American country. In specific, U.S. exports of transportation equipment, petroleum and coal products, processed food, and computer and electronic products have risen t...
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| Hapag-Lloyd announces change in GS1 Service |
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Thursday, May 16, 2013
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Hapag-Lloyd said the rotation of the U.S. Gulf - South America East Coast Loop 1 (GS1) service is being revised. Starting with the voyage of the ship Suape Express (1316N), the GS1 will replace the northbound call of Caucedo, Dominican Republic with Cartagena, Colombia. The first call in Cartagena will be on June 10. The southbound call of Caucedo will continue. The revised GS1 port rotation will be Veracruz, Altamira, Houston, New Orleans, Cauced...
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| U.S., South American corn producers form alliance |
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Thursday, May 16, 2013
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The U.S. Grains Council (USGC), along with the National Corn Growers Association (NCGA), MAIZAR, representing Argentinian producers and the maize supply chain, and ABRAMILHO (Brazilian Association of Corn Producers) signed a memorandum of understanding this week to form an alliance of North and South American corn producers to collaborate to address key issues concerning food security, biotechnology, stewardship, trade and producer image. The organizations will operate under th...
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| Liners reshape Asia-South America services |
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Wednesday, May 15, 2013
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A half dozen container shipping lines say they will restructure their services between the Far East and South America east coast. The Chilean carrier CSAV said the changes are being made "in view of continuous challenging trading conditions" in the trade. It said that effective from July, CSAV, China Shipping, CMA CGM, Hamburg Süd, Hanjin and Maersk Line will restructure their services between the Far East and South America East Coast by launching three new joi...
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| LATAM passengers make up for weak cargo results |
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Wednesday, May 15, 2013
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Total revenues at LATAM Airlines inched up 1.5 percent, year over year, to $3.4 billon on the strength of the carrier’s passenger revenues, while cargo revenues fell 3.2 percent during the first quarter. As the group continues putting together the LAN and TAM businesses, it saw operating income shoot up 149.8 percent during the first quarter to $114.2 million as operating margin rose to 3.4 percent. Net income dropped 48.9 percent, year over year, to $42.7 million. ...
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| Study says logistics firms suffer from high pricing pressure |
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Monday, May 13, 2013
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Three-fourths of global logistics companies are unable to get the prices they deserve for their services, according to the findings of the Global Pricing Study 2012 , conducted by strategy and marketing consultancy Simon-Kucher & Partners. The causes, managers say, are a price-aggressive competitive environment and a prevalence of standardized products. The study incorporated responses from 151 people in the transportation and logistics sectors throughout Europe, Asia, North...
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| Ex-Im Bank loan for Brazilian airline maintenance |
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Friday, May 10, 2013
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The U.S. Export-Import Bank approved a final commitment for a $45.5 million loan guarantee to VRG Linhas Aereas S.A. (GOL), a Brazilian airline. The financing will support the export of engine maintenance services by Delta TechOps (Delta), a subsidiary of Delta Airlines. This transaction will support about 400 jobs, according to Ex-Im Bank. GOL engines will be shipped from São Paulo, Brazil, to Atlanta for heavy maintenance to be performed by Delta’s maintenance, r...
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| N.C. port touts new Latin American connections |
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Monday, May 06, 2013
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North Carolina’s Port of Wilmington will now offer shippers direct access to Manzanillo, Panama, and Puerto Moin, Costa Rica, in addition to Puerto Cortes, Honduras, and Santo Tomas, Guatemala, in northern Central America, via vessel calls added by Maersk Line to its weekly South Atlantic Express (SAE) service. New trade lanes to South America’s west coast and the Caribbean for Port of Wilmington users are also open via transhipments at Manzanillo, the North Carolina State ...
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| CSAV shareholders approve share sale to raise $500 million |
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Wednesday, May 01, 2013
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The Chilean liner shipping company CSAV said shareholders meeting in Valparaiso this week approved a plan to increase capital by $500 million that will be used to purchase seven 9,300-TEU ships and prepay a loan from American Family Life Assurance Company (AFLAC) at a 46 percent discount. The company said it will raise the funds through the issue of 6.75 billion shares. (The company has about 8.7 billion shares outstanding. They were selling at around 42 Chilean pe...
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| DGX starts L.A.-Guayaquil service |
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Wednesday, May 01, 2013
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Southern California-based ocean freight consolidator DGX will start a weekly all-water service from Los Angeles to Guayaquil, Ecuador, effective May 7. “With an aggressive transit time of only eight days from port to port, customers will be able to enjoy all of the benefits of shipping their products via the West Coast as opposed to routing West Coast cargo via Miami - which is slower and more expensive,” said Antonio Bellido, DGX’s Latin America trade lane manager, in a statem...
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| Cargo theft in 2012 up in Europe, flat in U.S. |
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Monday, April 29, 2013
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Cargo theft in North America stayed flat, year over year, in 2012 as European theft rates rose by 24 percent, according to FreightWatch International. Cargo theft in Asia also increased. According to the company, however, the greatest theft threats still exist in Brazil, Mexico and South Africa. Last year, about 6,800 thefts were reported in Sao Paulo, and more than 6,000 Mexican thefts occurred in 2012. Pharmaceutical thefts are on the rise in Europe, ...
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| U.S. leads Latin American infrastructure trade mission |
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Thursday, April 25, 2013
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The U.S. Commerce Department has selected 20 companies to join its deputy secretary, Rebecca Blank, on an infrastructure business development trade mission to Sao Paulo, Brazil; Bogota, Colombia; and Panama City, Panama, from May 12-18. “The governments of these countries have each outlined ambitious infrastructure development plans for the years ahead, and this trade mission will help U.S. companies in a broad range of infrastructure industry sectors make the connections they ...
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| U.S. agrees to let Japan enter TPP talks |
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Monday, April 15, 2013
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The United States and Japan on Friday announced they had reached agreement on Japan's participation in negotiations for a Trans-Pacific Partnership trade agreement. Japan last month signaled its willingness to join the TPP and would become the 12th nation in the talks once approved by the current partners. As the world's third largest economy, it's participation would make a Pacific Rim trade bloc extremely powerful, accounting for nearly 40 percent of global GDP...
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| Atlanta looks to Miami for cargo volume |
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Monday, April 15, 2013
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To increase their cargo presence, officials at the Atlanta Hartsfield-Jackson International Airport have their sights set on attracting Latin American carriers, perhaps even convincing some to leave their standard hub, Miami International Airport, according to the Metro Atlanta Chamber’s Bob Pertierra. He pointed out recently in comparing the two cities and their prospects for growth, Atlanta has 15 Fortune 500 companies, while Miami has only one. “When you lo...
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| BDP forms Colombia joint venture |
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Monday, April 15, 2013
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The Philadelphia-based logistics company BDP International has taken an equity position in Interflex, based in Cartagena, Colombia. The resulting joint venture will operate as BDP International Colombia under its current management team led by Enrico Benedetti. “Our decision to bolster our presence in Colombia is based on a number of factors, not the least of which is the excellent relationship we have with our partner Interflex, which like BDP is family-...
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| Carriers upgrade Far East-South America service |
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Monday, April 15, 2013
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Liner carrier Evergreen said it will join forces with COSCO and Zim to operate a new service between the Far East - South America Service (ESA). Evergreen said the new loop will link China, Singapore and South America's east coast from May 11. A total of 10 ships of 8,500-TEU capacities will be deployed on the new ESA service, replacing the existing fleet of 3,000-TEU vessels. Evergreen will provide five of these ships, COSCO three and Zim the remaining tw...
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| AA Cargo unveils new routes |
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Friday, April 12, 2013
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American Airlines has launched non-stop cargo service between Chicago O'Hare and Dusseldorf, Germany. The flight joins other new service expansions, such as AA Cargo's offering from Dallas to Lima, Peru; seasonal flights between JFK and Rome; and flights from Chicago to Rome and Dublin. Flights between Dallas and Seoul will start May 9. - Jon Ross
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| FedEx Trade Networks expands in Latin America |
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Thursday, April 11, 2013
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FedEx Trade Networks has opened new offices, launched new freight forwarder services and created new alliances over the past few months to gain a greater marketshare in Latin America. The company recently opened new locations in Rio de Janeiro and in Guadalajara and Monterrey, Mexico. FedEx Trade Networks' latest strategic alliance bonds it with Brazilian forwarder Portlink Logística Multimodal Ltda. New services offered by FedEx operation include an air consolidation...
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| LATAM cargo tonnage inches up in March |
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Wednesday, April 10, 2013
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LATAM Airlines Group, the amalgamation of LAN Airlines and TAM, saw cargo inch up in March, increasing by 0.4 percent, year over year, to 407 million tons. Capacity rose as well, ramping up by 3.5 percent. Cargo load factor dropped by 1.8 points to 60.1 percent. “The growth in cargo capacity is a result of an increased availability in the belly of passenger aircraft,” according to a company statement. “Despite a delay on certain seasonal demand, cargo traffic was d...
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| CSAV building new ships, repaying AFLAC loan at discount |
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Friday, April 05, 2013
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CSAV, the Chilean container shipping company, said it will invest $570 million in its business, building seven new ships and paying back a $258 million loan at a steep discount. The company said it will buy seven 9,300-TEU ships that will be built by Samsung Heavy Industries. When the ships are delivered, the company will increase its owned fleet to 55 percent from 37 percent today and just 8 percent at the beginning of 2011. The company...
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| Chile port strike expands |
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Friday, March 29, 2013
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A coordinated strike of Chilean ports by stevedores has hampered cargo activities in the South American nation. The strike began in mid-March at Angamos, but has since spread to the ports of Antofagasta, Iquique, Mejillones, San Antonio, San Vicente, Lirquén and Coronel, the Chilean liner carrier CSAV said in a customer notice Thursday. “As a consequence of the above described situation, port operations are temporally suspended in the aforementioned ports, and there...
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| Executive moves |
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Friday, March 29, 2013
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Damco, the third party logistics arm of A.P. Moller-Maersk, has appointed Stefan Bengtsson as chief finance officer for Latin America and is based at Damco’s Latin American office in Panama City. Bengtsson was previously CFO for Kuehne & Nagel in Brazil for more than nine years. Also for the Latin American region, the company transferred Sune Stilling from his role as managing director for West Africa to chief operating officer for Latin America, also ba...
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| CSAV chairman Luksic dies at age 57 |
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Thursday, March 28, 2013
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The chairman of the Chilean shipping company CSAV, Guillermo Luksic Craig, has died at the age of 57. The Bloomberg news service reported Luksic died of lung cancer . Through its 83 percent stake in Quiñenco, one of Chile's largest conglomerates, the Luksic family acquired a stake in CSAV in 2011. Quiñenco, is involved in a wide variety of businesses, including financial services, manufacturing of packaging and metal products, food and beverages. Former&nb...
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| TNT to cut 4,000 jobs as part of improvement plan |
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Monday, March 25, 2013
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As part of its new profit improvement plan, TNT Express will sell its Chinese and Brazilian domestic operations, ramp up technology investment and strive to generate 220 million euros ($283 million) in savings by 2015. Officials expect to cut 4,000 jobs over the next three years and spend 150 million euros on restructuring costs by 2015 to achieve these goals. Bernard Bot, TNT’s interim chief executive officer, will collaborate with his proposed successor...
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| U.S., Brazil make progress to strengthen trade |
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Thursday, March 21, 2013
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U.S. Commerce Department officials said progress was made to strengthen the economic relationship between the United States and Brazil, following the eighth meeting of the U.S.-Brazil CEO Forum, which took place in Brasilia this week. “It is clear that both the Obama and Rousseff administrations recognize that our two countries must continue to build on the strength of U.S.-Brazil economic relations,” said U.S. Deputy Commerce Secretary Rebecca Blank in a statement. ...
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| Cargo takes hit at LATAM Group |
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Wednesday, March 20, 2013
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With LATAM Airlines Group three years away from the full integration of LAN and TAM operations — officials estimate a target of June 2016 — the company is still attempting to harmonize programs between the two Latin American carriers, standardizing processes and renegotiating contracts. The cargo business, however, is now fully integrated. Fourth-quarter 2012 cargo revenues for the LATAM Airlines Group finished at $37.89 million, a 3-percent, year-over-year declin...
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| Japan intends to join TPP talks |
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Friday, March 15, 2013
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The Japanese government announced it intends to join the Trans-Pacific Partnership negotiations. The TPP is a free trade agreement currently under negotiation between 11 countries, including Australia, Brunei Darussalam, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam. Trade groups welcomed the possibility of including Japan in the TPP. “The inclusion of Japan – the third largest economy in the worl...
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| Rickmers starts second round-the-world string |
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Thursday, March 14, 2013
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Rickmers-Linie is launching a westbound round-the-world service for breakbulk, heavylift and project cargoes. "Having introduced our round-the-world Pearl String service with an eastbound rotation 10 years ago, we are convinced that the time to start up a similar concept in the other direction has now come," said Ulrich Ulrichs, chief operating officer and managing director of Rickmers-Linie, in a statement. "This move further confirms our commitment to, and trust in, the ...
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| Mass. technology firm wins Chile contract |
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Tuesday, March 12, 2013
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InterSystems Corp., a Massachusetts-based software company specializing in healthcare technology, beat three foreign competitors to win a $37 million contract with the Chilean Ministry of Health. This bid was supported by the U.S. Commerce Department’s Advocacy Center, which coordinates federal resources to help "level the playing field" on behalf of U.S. businesses as they compete against overseas firms for specific international contracts or other U.S. export opportunities. &...
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| With focus on Latin America, AA Cargo moves forward |
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Monday, March 11, 2013
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American Airlines Cargo is beefing up its presence in Latin America, continuing to add capacity to a region where it has focused its efforts for a number of years. The carrier has taken delivery of its first Boeing 777-300ER, adding service from Dallas to Sao Paolo, Brazil, last month. According to AA Cargo President Kenji Hashimoto, plans are in the works for service from Dallas to Bogota, Colombia, and two new Brazilian routes out of Miami. Last month, officials ...
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| IAG Cargo adds capacity from Hyderabad |
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Monday, March 11, 2013
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IAG Cargo has added capacity between Hyderabad and London with an additional Boeing 767 passenger flight. The extra capacity is geared toward Hyderabad’s growing pharmaceutical industry. IAG Cargo’s Pravin Singh has seen steady growth from Hyderabad to markets in North and South America. “This additional capacity represents growth in a commercially important market and provides our customers a much-needed solution for Friday lift,” he said in a stateme...
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| Yang Ming to provide ship to U.S.-Brazil service |
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Thursday, March 07, 2013
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Yang Ming is increasing its participation in a service between the United States, Caribbean, and east coast of South America. The Taiwanese carrier will deploy one ship on what it calls the ANS route jointly operated with NYK, Evergreen and Hanjin. Under this new service structure, Yang Ming's status will move up from a slot purchaser to that of a vessel provider. The service employs six ships with capacities of about 2,100 TEUs. The port rotation...
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| CMA CGM raising Europe-to-South America rates |
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Tuesday, March 05, 2013
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The liner carrier CMA CGM said Tuesday it plans to raise rates on European exports to the west coast of South America from April 1. The increase, 300 euros per TEU, is applicable from origins in Scandinavia, the Baltic, United Kingdom, Ireland, and continental Europe (including Atlantic ports in Spain and Portugal). - Eric Johnson
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| CSAV in the black for second half of 2012 |
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Monday, March 04, 2013
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The liner carrier CSAV said Monday it made an operating profit of $8.4 million in the fourth quarter of 2012, a huge improvement on the $158.1 million the line lost in the same quarter in 2011. The improvement came despite a 15.1 percent year-on-year drop in operating revenue in the quarter to $845.4 million and a 5.3 percent drop in container volume to 463,484 TEUs. The fourth quarter operating profit was also significantly less than the $37.3 million the line secured in ...
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| Cargill processes first e-bill of lading |
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Monday, March 04, 2013
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The U.S. agribusiness Cargill made its first grain shipment using an electronic bill of lading last week, Reuters reported Friday. Cargill used the electronic process to underlie a shipment of grain from Houston to Veracruz, Mexico. The transfer of documents took 19 minutes, the company said in a statement to Reuters . “After nearly 150 years of paper bills of lading, this first electronic BL represents a historical milestone for us,” company spokesman Ernst Herger...
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| Executive moves |
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Thursday, February 28, 2013
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MIQ Logistics has promoted John Carr, a six-year MIQ veteran who became company-wide president in 2009, to chief executive officer. Carr will also serve in an expanded president's role. Joey Carnes will stay on as board chairman. Board member David Lack pointed to Carr's leadership during the 2010 relaunching of MIQ after its purchase by Austin Ventures as a reason for the promotion. Carr positioned the company for accelerated growth, he said. “In...
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| Armed warehouse theft in Brazil |
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Tuesday, February 19, 2013
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At 11 p.m. on Feb. 16, 30 armed men forced their way into a warehouse in the Sao Paulo-based industrial park Centro Logistico Brasil, stealing an unknown number of tablet computers and smartphones, according to FreightWatch International. Analysts are calling it one of the largest thefts in Brazil. The suspects, who gained access to the building by masquerading as security guards, used nine cars and six trucks to make off with the goods. Intruders, who we...
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| DHL starts LCL service to Poland, Brazil |
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Wednesday, February 13, 2013
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DHL Global Forwarding has launched direct less-than-containerload services from India's Nhava Sheva to Lodz, Poland, and Santos, Brazil. The weekly services will reduce transit times and lower CO 2 emissions by 17 percent to Poland and 9 percent to Brazil, according to DHL. The service will reduce the transit to Poland by 29 days and the transit time to Brazil by 38 days. “Our new services once again demonstrate our commitment to strengthen our network an...
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| SDV opens Colombia office |
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Tuesday, February 12, 2013
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SDV has opened a new South American office in Colombia, adding the location to its current holdings in Argentina, Brazil, Chile and Uruguay. Officials cited Colombia’s GDP growth and economic reforms as reasons to expand into the country. Oil and gas, as well as mining, are big industries in Colombia; those are two of SDV’s largest industry verticals. “Our local know-how in the growing South American sectors of oil and gas, mining, aerospace and health care, ...
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| UPS increases LCL offerings |
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Monday, February 11, 2013
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Last year, UPS ramped up its ocean freight offerings, expanding less-than-containerload services to more than 300 lanes. The integrator now offers direct LCL service on 1,700 lanes to 116 countries. UPS recently added 139 outbound lanes and 42 intra-region lanes in Asia, including 12 inbound and outbound lanes in South Korea and 10 outbound lanes from Vietnam. The company added 81 direct lanes in Europe. Last year also brought 33 new North American outbound la...
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| Colombia terminal picks Tideworks for operating system |
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Wednesday, February 06, 2013
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The terminal operating systems (TOS) developer Tideworks Technology has won a contract to supply a TOS to the to-be-developed greenfield Barranquilla Container Terminal in Colombia. Barranquilla Container Terminal is a joint venture between terminal operator SSA International and Sociedad Portuaria del Norte (SNP). The new facility will be managed by Santa Marta International Terminal Company (SMITCO) and will initially have annual capacity for 122,000 TEUs. Barranquilla Contai...
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| Tampa to receive Embraer plane components |
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Wednesday, February 06, 2013
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The Port of Tampa said it has been selected as the port of entry for shipments of wing and fuselage assemblies destined for Embraer's jet assembly plant in Melbourne, Fla. Assemblies were delivered from Santos, Brazil to Tampa by the Pluto Leader , a roll-on/roll-off ship operated by NYK on Tuesday. That ship operates in NYK's Gulf Express Service, which began serving Tampa 12 years ago and was expanded last September to now include calls in the Dominican Republic, Mexico,...
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| Cargolux adds 3 474-8 destinations |
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Tuesday, February 05, 2013
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Cargolux has added its first-ever Boeing 747-8 freighter services to Xiamen, China; Latacunga, Ecuador; and Aguadilla, Puerto Rico. The carrier now flies its six 747-8s to 70 destinations and hopes to add service to Vietnam in the near future, offering near complete network coverage for the large freighter. Brazil still hasn’t approved 747-8 services into the country, and so the carrier has to fly 747-400 freighters into the region. Cargolux is sche...
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| Tampa sees benefit from Latin American growth |
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Friday, January 25, 2013
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The port director of the Tampa Port Authority said robust growth in Latin America presents potentially significant opportunities to ports at the intersection of major East-West and North-South trade lanes. Tampa this week is hosting a conference co-sponsored by the American Association of Port Authorities and U.S. Maritime Administration on shifting international trade routes. The higher growth rate in the economies of Latin American countries are a ...
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| Hapag-Lloyd raising Mexico export reefer rates |
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Thursday, January 24, 2013
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The liner carrier Hapag-Lloyd said this week it plans to raise rates on refrigerated containers out of Mexico next month. The increases, which take effect Feb. 23, impact the trades from Mexico to North America, Central America, the east and west coasts of South America, Caribbean, Far East, the Middle East, and India. The rate hike to the Americas destinations from Mexico is $320 per reefer container. To Asia and the Middle East, it’s $750 per container....
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| Drought hampers U.S. corn exports |
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Wednesday, January 23, 2013
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The drought in various sections of the nation's mid-section the past two years has hurt U.S. corn yields and hindered exports, according the U.S. Department of Agriculture and industry officials. The Agriculture Department reported this month that corn production was down a quarter last year from 2012 and stocks are down a third, which is putting pressure on prices for meat, milk and other items produced with corn feed, according to the St. Louis Post-Dispatch . &nb...
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| CMA CGM plans surcharge for Chinese New Year |
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Tuesday, January 22, 2013
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CMA CGM said it would implement a peak season surcharge, effective Jan. 28, in advance of Chinese New Year on Feb. 10. The company said volumes from China boomed ahead of the factories shutting down. The French liner carrier said the peak and associated surcharge should last to the end of February. It added volumes will slow down from mid- February, but utilization will remain high until the end of that month because of some pulled sailings. &nb...
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| APM Terminals will use RFID to prevent yard accidents |
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Monday, January 21, 2013
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APM Terminals said its operation in Callao, Peru, will use radio frequency identification (RFID) technology to improve safety . Operators of heavy equipment, such as reach stackers and forklifts, will receive automatic alerts if pedestrians or other personnel are close to the machinery and at risk. APM Terminals noted these terminal workhorse vehicles are known to have certain “blind spots” in which the operators cannot easily see nearby activity. All yard pe...
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| Dachser keeps rolling with Spanish 3PL acquisition |
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Friday, January 18, 2013
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European logistics provider Dachser, which has a large presence in the United States, has acquired Spanish air and sea logistics firm Transunion for an undisclosed amount. According to a Dachser press release, Transunion has an average annual revenue of 95 million euros. Transunion employs more than 200 workers in eight Spanish offices and six offices across Turkey and Latin America. Details of the transaction have not been released. Transunion’s management will st...
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| Naviera Master Line to start Port Manatee service |
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Friday, January 18, 2013
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Naviera Master Line de Venezuela said it will start calling Port Manatee on Tampa Bay on March 8. Naviera Master Line said the fortnightly service will carry container and breakbulk cargoes between Port Manatee and destinations in Colombia, Panama, Venezuela and Trinidad. “For the targeted business we have with Central Florida auctions, like Alex Lyon & Son, CAT, Ritchie Bros. and Yoder & Frey, Port Manatee is the closest port to Orlando and a very strategi...
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| Tampa Cargo gets first Airbus freighter |
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Friday, January 18, 2013
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Tampa Cargo, a division of AviancaTaca, welcomed the first Airbus 330-200 freighter to be operated in the Americas. The plane is the first of four A330-200s to be added to its fleet. The freighters will be used on routes between Latin America and the United States and are part of the airline group's updated focus on cargo transportation. "Trends in the cargo market throughout the Americas encourage us to expand this part of our business. We want bot...
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| ABF expands to South America |
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Friday, January 18, 2013
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ABF Global Supply Chain Services has expanded to South America, offering single-contract full-containerload and expedited less-than-containerload services to Argentina, Brazil, Chile, Colombia, Peru and Uruguay. ABF also recently announced ocean coverage in Europe and Asia as part of its overall growth strategy. The company’s goal of reaching 96 percent of the total U.S. international shipping market will be achieved by the end of 2013, according to ...
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| BlueWater Reporting: Liner capacity squeezed in 4Q 2012 |
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Wednesday, January 16, 2013
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Despite the sustained introduction of larger vessels, carriers have been managing to reduce the direct capacity of liner services available to shippers during the period between Oct. 1, 2012, and Jan. 1, 2013, according to the latest BlueWater Reporting World Liner Supply Report which can be downloaded here . Cuts in the larger trades from Asia to Europe and to North America have been the most severe, while capacity from Asia and North America to both the east and west coasts o...
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| U.S., Peru tighten stance against illegal timber trade |
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Monday, January 14, 2013
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At the conclusion of meetings last week in Lima, the United States and Peru agreed on a five-point action plan to support Peru’s forestry sector reform and further the South American country's implementation of its obligations under the U.S.-Peru Trade Promotion Agreement (PTPA) Annex on Forest Sector Governance. This plan will deepen the two governments’ commitment to sustainable management of bigleaf mahogany and Spanish cedar, which are protected under the Convention on Inter...
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| Chiquita using Hamburg Süd vessels |
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Wednesday, January 09, 2013
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Hamburg Süd has launched a direct liner service between North, Central and South America, deploying five vessels with a nominal slot capacity of 1,850 TEUs, including refrigerated container plugs. Hamburg Süd said the services replaces a current Cartagena–California service and has the following port rotation: Guayaquil, Balboa, Puerto Quetzal, Los Angeles, Oakland, Manzanillo, Puerto Quetzal, Balboa. Paita, and Guayaquil. Meanwhile, Chi...
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| FedEx transports priceless artifacts |
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Tuesday, January 08, 2013
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FedEx has transported 127 crates of Machu Picchu artifacts — stone tools and ceramic fragments that had been housed at the Yale Peabody Museum of Natural History — from Newark, N.J., to Lima, Peru. The shipment was flown on an Airbus 330 aircraft to Peru, transferred to a military base and handed over to the Peruvian government, which flew the artifacts to their final destination of Cusco, Peru. The priceless shipment required special handling, a specialized l...
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| APL, Hamburg Süd disengage on WC Latin America |
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Friday, January 04, 2013
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The ocean carriers APL and Hamburg Süd have reduced their cooperation on services between Mexico and the west coast of Latin America. Singapore-owned APL has ended its Mexico-to-Central America MCX loop, on which German carrier Hamburg Süd and its subsidiary Alianca had previously taken slots. The MCX had been operated with a single 1,304-TEU vessel, the Mercs Jaffna , which can now be found on APL's weekly WCX loop between Mexico, Central America, and the west coast ...
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| Baltic Reefer, Seatrade form joint venture |
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Thursday, January 03, 2013
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Baltic Reefer Group Ltd. and the Seatrade group of companies, operators of breakbulk refrigerated vessels, said they had established a new joint venture that will operate under the name of Reefer Alliance. "This will maintain the parties' ability to provide competitive and commercially attractive specialized reefer services in response to the competition of the container lines," said Seatrade in a press release. Reefer Alliance began operating on Jan. 1 and wil...
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| Hapag-Lloyd to offer service to Cap Hatien |
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Thursday, January 03, 2013
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Hapag-Lloyd said it will offer a new weekly service to Cap Haitien, Haiti, under a connecting carrier agreement with Frontier Line. The service will offer a weekly connection with four days transit time from the port of Cartagena, Colombia.
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| Skipped sailings coordinated to reduce capacity |
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Wednesday, January 02, 2013
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Two rival groups of ocean carriers with separate weekly loops in the Asia-to-east coast of South America trade are each skipping alternate sailings and taking slots on each other's ships to reduce their overall capacity provided by about 50 percent. The Hanjin Shipping/Zim Lines/CCNI partners have slowed their ALX loop to extra-slow steam with a roundtrip voyage of 84 days, now matching the already-slowed 84-day roundtrip voyage time of the NYK/"K...
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