Brazil
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Company earnings
Logjam in Brazilian iron ore exports could be loosening
As a major owner of Capesize bulkers, Golden Ocean is heavily exposed to events in Brazil.
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Company earnings
Navios feels ore-shipping fallout after dam collapse
Public ship owners like Navios Partners saw rates fall due to cuts in Brazilian iron-ore exports.
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Maritime
Grimaldi outlines Grande America cargo losses
Following the loss of Grande America on 12 March a 10km long oil slick from the ship’s bunker fuel threatens…
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Asia-Pacific
Port Report: Capesize dry bulk rates may be at bottom after series of market shocks
Freight rates for biggest ships fall below those of smaller ships, but that is set up for rebound, market experts…
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Canada
McKinsey forecasts global truck OEM profits by region to 2030
Profitability will lag in high growth markets like Brazil and India, but aftersales services in NAFTA and the EU will…
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News
Prologis injects some cautious prudence amid strong 2018 results
Company posts stellar 2018 results. CEO says prudence is key amid uncertainty.
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Economics
Oil producers face multiple challenges in December
Saudi Arabia and Russia agree on further production cuts to prop up crude prices; Qatar leaves OPEC to focus on…
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News
CargoX, Brazil’s “Uber of trucking,” raises $60M in 5th round of funding
In their fifth round of funding, Brazil-based freight broker CargoX has raised an additional $60 million.
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News
Still striking out: the lasting impacts of the ten-day truck strike in Brazil
Exactly three months after truck drivers in Brazil shut down highways for across the country in protest, its impact continues…
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Canada
Today’s Pickup: Nafta revised with Mexico, Canada up in air, China delayed
The core of the trade pact, which allows American companies to operate in Mexico and Canada without tariffs, remains the same.
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