ShippingWatch

South America's freight volumes increase for the first time in years

The volume of containers to Europe from the east coast of South America is increasing for the first time since 2013, while growth is primarily moving in the opposite direction on the reefer-heavy routes.

For the first time since 2013, container volumes increased on routes from Europe to the east coast of South America, which has become a battleground between carriers following the recent consolidation and in particular Maersk Line's acquisition of Hamburg Süd.

On the other hand, growth in volumes from the east coast to Europe and thereby the reefer-heavy routes for Brazilian food exports to Northern Europe and the Mediterranean remain weak, shows data from South American analyst Datamar, according to Drewry.

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