Equipment imbalance puts a lid on Brazilian coffee exports

Brazilian coffee producers experiencing a bumper harvest have been struggling to get their beans to market due to the severe equipment imbalance being felt on the east coast South America to Asia trade lane.

Andrew Lorimar Datamar CEO told delegates at the TOC Americas Virtual Expo that in some trades, the economic benefits of a weaker currency for Brazilian exporters were being diminished owing to a painful imbalance in container equipment and a severe shortage of ship capacity.

Lorimar said the...

https://container-news.com/equipment-imbalance-puts-a-lid-on-brazilian-coffee-exports/

Pandemic contracts Latin American economies to 30-year low

Latin America’s economy has been set back almost 30 years as a consequence of the rapid contraction of economic activity resulting from the Covid-19 pandemic, according to economists at the first virtual TOC Americas conference.

Panellists painted a gloomy picture for economic activity in Latin America this year and next with an uncertain outlook for box terminals, despite recent signs that a V-shaped recovery was taking shape in the third quarter of 2020.

Covid-19 has produced the worst social...

https://container-news.com/pandemic-contracts-latin-american-economies-to-30-year-low/

Container shipping alliances now planning to set course for Latin America trades

The major deepsea alliances could begin to extend their joint service network to secondary north-south trades, such as those serving Latin America, as they look to squeeze more efficiency from their cooperation agreements.
Michael Kristiansen, owner of consultancy CK Americas, told delegates at this week’s TOC America Container Supply Chain event in Panama: “I think the global alliances are coming – whether it is little by little or very fast, I …

The post Container shipping alliances now...

https://theloadstar.co.uk/container-shipping-alliances-now-planning-set-course-latin-america-trades/

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