News / Evolving market could lead to 'dangerous' overcapacity in Caribbean box terminals

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Use of outdated data and an under-appreciation of the way the container shipping market in the Latin America and Caribbean region has changed, could lead to dangerous box terminal overcapacity.

At last week’s TOC Americas Container Supply Chain event in Panama, Ricardo Sanchez, regional expert on infrastructure and ports for the United Nations’ Economic Commission for Latin America & the Caribbean (ECLAC), was asked about his greatest fear for the industry.

“Short-term overcapacity of terminals in the Caribbean,” he replied, “I think some ...