• ITVI.USA
    15,379.620
    -113.610
    -0.7%
  • OTLT.USA
    2.786
    -0.021
    -0.7%
  • OTRI.USA
    21.500
    -0.060
    -0.3%
  • OTVI.USA
    15,349.750
    -127.770
    -0.8%
  • TSTOPVRPM.ATLPHL
    3.300
    -0.240
    -6.8%
  • TSTOPVRPM.CHIATL
    2.950
    -0.020
    -0.7%
  • TSTOPVRPM.DALLAX
    1.440
    0.000
    0%
  • TSTOPVRPM.LAXDAL
    3.310
    0.060
    1.8%
  • TSTOPVRPM.PHLCHI
    2.150
    0.020
    0.9%
  • TSTOPVRPM.LAXSEA
    3.950
    -0.100
    -2.5%
  • WAIT.USA
    126.000
    1.000
    0.8%
  • ITVI.USA
    15,379.620
    -113.610
    -0.7%
  • OTLT.USA
    2.786
    -0.021
    -0.7%
  • OTRI.USA
    21.500
    -0.060
    -0.3%
  • OTVI.USA
    15,349.750
    -127.770
    -0.8%
  • TSTOPVRPM.ATLPHL
    3.300
    -0.240
    -6.8%
  • TSTOPVRPM.CHIATL
    2.950
    -0.020
    -0.7%
  • TSTOPVRPM.DALLAX
    1.440
    0.000
    0%
  • TSTOPVRPM.LAXDAL
    3.310
    0.060
    1.8%
  • TSTOPVRPM.PHLCHI
    2.150
    0.020
    0.9%
  • TSTOPVRPM.LAXSEA
    3.950
    -0.100
    -2.5%
  • WAIT.USA
    126.000
    1.000
    0.8%
American Shipper

Damco offers service in western Brazil

Damco offers service in western Brazil

   A.P. Moller – Maersk subsidiary Damco said it has been working with a local barge operator in Brazil to provide improved service to shippers in far western Brazil.

   Damco said the service connects Manaus, which is 900 miles upriver on the Amazon, with an even more interior destination, Porto Velho on the River Madeira.

   “Damco customers exporting commodities have since early 2009 been able to take advantage of using Porto Velho Port (Rondonia) which will save them money, transit time and enable them to get a faster payment from their consignees by issuing the bill of ladings in Porto Velho,” said Ulrich Nissen, the head of Damco in Brazil.

   The company said the service would benefit shippers in western Brazil states such as Rondonia, Acre and Mato Groso.

   “This is a major advantage for Damco customers exporting cotton, leather, minerals, lumber and beef from the region going to Europe, Russia and Asia. The approximate cost savings for the exporters are around 10 percent of the total logistics costs and it further more cut three to five days of the total transportation time,” Nissen said.

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