Cargo Transportation

Characteristics of Land Cargo Transport in Latin America

La edad de las flotas de camiones es elevada.

In a document entitled “Automotive Cargo Transport (TAC) in Latin America: Logistic Support for Production and Trade”, developed by José Barbero and Pablo Guerrero, and published by the Inter-American Development Bank (IDB) the characteristics of this sector, is outlined and its projections.

The report, in general, was carried out from various studies and includes 14 countries, revealing the enormous diversity of the sector. This is verified not only among the different countries, but also within […]

Drewry Index registers value of $1,365/TEU as of March 30

El precio de envío de contenedores ha bajado.

Drewry’s World Container Index, which is based on container freight rates on the eight main routes to and from the United States, Europe and Asia, declined by 1.1% to $1,365.92 per the freight rate of a 40-foot container (FEU) as of March 30.

The composite index, despite losing 1%, is still 60% higher than the same period in 2016.

The annual average for the World Container Index during 2017 is $1,631/FEU, ie $100 less than […]

Dry Canal project remains on track

The partners in the Guatemala Technology Corridor Project (CTG) presented the advances of the private public alliance that looks towards a dry canal to unite the oceans and facilitate commercial activity and that could be ready in 2022.

The Liaison Office for Latin America (Odepal) presented the Interoceanic Corridor of Guatemala project of national interest for development with the participation of foreign investors.

This will be the most important work of this millennium in the […]

World trade reactivates

Panamá deberá jugar un papel clave como centro regional de comercio y trasbordo de carga.

Por Franklin Castrellón

The prolonged nine-year low economic cycle that began in September 2008 with the bankruptcy of Lehman Brothers bank, driven by excesses in the commercialization of subprime mortgages, seems to have come to an end. A rebound is seen beginning to consolidate world trade, starting in the last quarter of 2016.

The Netherlands Bureau of Economic Policy and Analysis (CPB) reported that, in terms of volume, world trade grew by 2.4% in the […]

APL extends risk insurance against cargo in transit

SMARTcool Assured

American President Line (APL) has extended its cargo insurance to shippers who require protection against the risk of loss or damage to their cargo in transit.

This comes from APL’s partnership with one of the largest marine insurance companies in the world, which will allow it to offer options of guarantees such as “Total Cover” for maximum protection; “Main Cover” that protects against important events and “Customized Cover” with “tailor-made” solutions for cargo securing.

APL […]

Traceability of merchandise is Panama’s “weak point”

Trazabilidad es un factor muy importante en la cadena de suministro.

The traceability of merchandise is Panama’s main weakness, despite the fact that the country has the greatest logistics competitiveness in Latin America, the Panamanian government acknowledged.

“We have a very weak point, even though we are the number one country in Latin America in the Logistics Performance Index (prepared by the World Bank), and that weakness is the traceability and tracking of the merchandise,” said the Minister of Commerce and Industries, Augusto Arosemena.

In 2016, […]

The Arctic will be the new cold war frontier between US and Russia

La costa ártica.

By Germán Gorraiz Lopéz

According to an analysis of the Odnako website columnist, Alexander Gorbenko. “the north shipping route (that joins the Atlantic and the Pacific along the Russian coast), is considered as an alternative to the Suez and Panama canals, and could become in the near future one of the most important commercial corridors in the world.”

The North Shipping Route and the Northwest Pass along the Arctic Ocean shores (more precisely in the […]