Lozano, Leticia
March 2009
Journal of Commerce (1542-3867);Mar2009 Supplement, p6
The article discusses economic recession in South America and its impact on containerized shipments, automobile exports and breakbulk commodities such as steel and forest products. Project cargo has reportedly emerged as a bright spot in South American shipping. Economists express that signs of recovery for cargo sectors are unclear except for project cargo. The author feels that South America's moderate governments are expected to rise earlier from the global crisis. INSETS: DOWNSHIFT;SEEING RED;COLD STEEL.


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