As the thaw continues between the United States and Cuba, the U.S. Department of Transportation has granted FedEx the rights to operate a five-times-weekly freighter service between Miami and the city of Matanzas.
Crowley Maritime Corp. has begun weekly, fixed-day shipping services for less-than-containerload (LCL) cargoes from Houston to 33 port destinations throughout the Caribbean Basin.
As Cuba has begun to liberalize its economy, U.S. companies have begun to show significant interest - and for good reason. The experiences of China, Russia, Vietnam, and the countries of Central and Eastern Europe have shown that such liberalization can lead to rapid economic growth, along with opportunities for multinational companies and foreign investors to stake an early claim in an untapped market.
Maersk Line marked the introduction of its first direct service from Northern Europe to Cuba on April 22 when a 2,556-TEU container vessel arrived in the Port of Mariel, 30 miles from Havana.
The latest supply chain news, analysis, trends and best practices for companies operating in Latin America. The Latin American region consists of 19 sovereign states and several territories and dependencies that stretch from the northern border of Mexico to the southern tip of South America. Learn how businesses are optimizing supply chain and logistics performance in these regions - addressing a range of challenges such as rising labor costs, poor infrastructure, complex customs and tax laws, unstable political climates and government controlled exchange rates.
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