Maersk Line: Rate collapse a threat to Brazil's export growth
Rates for incoming container routes to Brazil are so low and costly for carriers that in the long-term they could pose a threat to the country's export growth, says Maersk Line's Managing Director for South America.
BY OLE ANDERSEN
The volume of containers headed into Brazil, South America's largest economy, dropped 50 percent in January, and according to a trade report from Maersk Line, volumes for incoming containers to Brazil have thus hit a historical low-point.
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