Month: December 2009

ICTSI to increase Mexican presence

Dec 3, 2009

Philippines-based ICTSI has won the concession to build a second container terminal TEC II in Manzanillo, Mexico’s largest container port. ICTSI will immediately invest $197m in the construction, which is expected to total...

Rivals ally to protect their share of market

Dec 1, 2009

Stung by the overall downturn in trade, the growing diversion of cargo through Canada and the looming expansion of the Panama Canal, port authorities have teamed with Union Pacific and Burlington Northern Santa Fe railroads...