India-US perishables trade soars as 'political' tariffs are lifted
India’s perishables trade with the US is seeing significant traction, especially fruit, after both nations ...
PG: STEADY YIELDGM: INVESTOR DAY UPDATEBA: IT'S BADXOM: MOMENTUMFWRD: EVENT-DRIVEN UPSIDEPEP: TRADING UPDATE OUTMAERSK: BOTTOM FISHING NO MOREDHL: IN THE DOCKHLAG: GREEN DEALXOM: GEOPOLITICAL RISK AND OIL REBOUND IMPACTZIM: END OF STRIKE HANGOVERCHRW: GAUGING UPSIDEBA: STRIKE RISKDSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTION
PG: STEADY YIELDGM: INVESTOR DAY UPDATEBA: IT'S BADXOM: MOMENTUMFWRD: EVENT-DRIVEN UPSIDEPEP: TRADING UPDATE OUTMAERSK: BOTTOM FISHING NO MOREDHL: IN THE DOCKHLAG: GREEN DEALXOM: GEOPOLITICAL RISK AND OIL REBOUND IMPACTZIM: END OF STRIKE HANGOVERCHRW: GAUGING UPSIDEBA: STRIKE RISKDSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTION
Central American port congestion affected Del Monte’s second-quarter performance, according to FreshFruitPortal. Low banana prices, higher costs and port congestion led to a 36% year-on-year drop in gross profits for the fruit company. Port congestion saw the company lose slots along its route which had a domino effect on operations. The congestion lasted for nearly three months and was exacerbated by bad weather and “very poor port management” in countries like Costa Rica and Guatemala. The company also noted that increased exports from Ecuador had forced down prices.
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