Crowley Maritime Corp. has added a second weekly southbound sailing from Port Everglades, Fla., to Nassau, Bahamas, as part of its Caribbean ocean-freight service.
To cope with the larger vessels that will transit through the Panama Canal when its expansion is complete in 2015, Central American countries must dramatically improve their intermodal road and port network infrastructure, the quality of their trucking services and strengthen their institutional coordination, two studies issued today by the Inter-American Development Bank show.
India's Ministry of External Affairs (MEA) is moving to set up a direct sea and air link between India and Latin America, as Indian corporations line up significant investments in the oil, mining, IT and pharmaceutical sectors there.
Brazil's government has yanked down interest rates to record lows and kept the value of the real, the country's currency, in check. The government has even doled out tax cuts in attempts to boost growth. But so far, there's not much evidence those strategies are working "” and key economic data released recently probably won't change things.
International trade and cooperation has become a key driver of small business success, according to an in-depth and wide-ranging study by IHS and DHL Express.
The past decade was extraordinary for Brazil. The country surpassed the $10,000 GDP per capita mark and became the world's sixth-largest economy. The most liquid Brazilian publicly traded companies created substantial value, yielding average annual total shareholder return"”stock price appreciation plus dividends"”of 19 percent from 2004 through 2011. These returns were largely the result of rapid revenue growth in most sectors of the Brazilian economy.
Lufthansa says it's ready with cargo flights between Frankfurt and Guadalajara. Wolfgang Will, director general for Mexico and Central America for the German airline, said the new flights are part of the airline's plans due to the increase in demand in the Mexican market.
