As U.S. cornfields withered under drought conditions last summer, Brazil's once-empty Cerrado region produced a bumper crop of the grain, helping feed livestock on U.S. farms and ease a drought-related spike in prices.
Wal-Mart Stores reported that its investigation into violations of a federal anti-bribery law had extended beyond Mexico to China, India and Brazil, some of the retailer's most important international markets.
The health of the world's economy continues to deteriorate as insufficient demand, unemployment and the ongoing debt crisis in Europe undermine recovery efforts, results of the ICC-Ifo World Economic Survey revealed.
Domestic container volume recorded double-digit growth for the fourth quarter in a row, according to the Intermodal Association of North America's just-released Intermodal Market Trends + Statistics report.
Exel has opened a 250,000-square-foot distribution center in Laredo, Tex., in support of the provider's "Logistics Without Borders" supply-chain service.
The Panama Canal set a mark in its history as it reached a new tonnage record of 333.7 million Panama Canal tons (PC/UMS) during fiscal year 2012 which concluded on September 30. This achievement highlights the value of Panama and its significance as a link in the chain of global trade.
This winter Lufthansa Cargo will operate its first all-freighter service to Israel. Europe's leading cargo carrier will begin the service to Tel Aviv from its Frankfurt hub. The new service will begin on Oct. 28 with MD-11 aircraft, and will significantly expand Lufthansa Cargo's presence in the Israeli market.
