Latin America now the target for Chinese 'fast fashion'
Increasing Chinese e-commerce volumes threaten Latin America’s “fragile retail economy”, with one analyst claiming the ...
XPO: MEXICAN WAVEXPO: TALKING TURKEYDSV: SCHENKER BOOST ERODINGPLD: EARNINGS DAY JBHT: IN PRIOR CYCLES JBHT: CONF CALL QUESTION TIMEJBHT: BNSF LOGISTICS INTEGRATION JBHT: INTERMODAL 'SEASONALITY' JBHT: PRESSURE ON SALES JBHT: CEO SIMPSON REMARKSJBHT: CONF CALL WITH SELL-SIDE STARTINGJBHT: HERE COMES THE PAINJBHT: EARNINGS DAYGXO: WINCANTON LOSSESR: ALL RISE
XPO: MEXICAN WAVEXPO: TALKING TURKEYDSV: SCHENKER BOOST ERODINGPLD: EARNINGS DAY JBHT: IN PRIOR CYCLES JBHT: CONF CALL QUESTION TIMEJBHT: BNSF LOGISTICS INTEGRATION JBHT: INTERMODAL 'SEASONALITY' JBHT: PRESSURE ON SALES JBHT: CEO SIMPSON REMARKSJBHT: CONF CALL WITH SELL-SIDE STARTINGJBHT: HERE COMES THE PAINJBHT: EARNINGS DAYGXO: WINCANTON LOSSESR: ALL RISE
Chilean carrier Latam Airlines may have narrowed its net losses, but ATW reports that its freight business is continuing to haemorrhage money. In dismal Q2 figures, revenues for the three months to June were down 10.2%, with ATW claiming the weak showing was the result of currency valuations combined with an overall weakness in global trade. Despite the difficulties, not only in cargo, the carrier remains resolute in its ambitions to grow capacity. Following the Avianca Brasil bankruptcy, Latam remains one of just three carriers competing for domestic flights across Brazil. Full-year cargo capacity is expected to inch up somewhere between 0%-2%.
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