ACP Administrator Ricaurte Vásquez Morales says developing the terminal would help ease the concerns of ocean carriers that the canal’s existing container terminals are concentrated among a handful of operators.
Liners have enjoyed the higher rates and profits that come from external market shocks, but it’s fair to wonder how sustainable that is, writes Peter Tirschwell.
Organic growth in the logistics business is hard to find with the global economy slowing and trade heavily disrupted by US tariffs, so forwarders have moved into acquisition mode.