Brazil’s ports '50 years behind the times', claims new report
Brazil’s Lula administration this month embarked on a privatisation drive to see the nation’s port ...
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%.
Carriers still need another 400,000 teu to maintain services
CMA CGM commits to no job cuts for a year, following Bolloré deal
DB Schenker – high bid whisper and... hope
Transpacific freight rates – it’s all about 'who blinks first'
sennder appoints Susanne Schroeter-Crossan as its new CFO
Hapag-Lloyd in choppy water as volatile market sinks profits
East coast port strike threat prompts shippers to consider heading west instead
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