Housekeeping HamSu Cuts Jacksonville Service as Venezuela Wanes — Panjiva
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Housekeeping HamSu Cuts Jacksonville Service as Venezuela Wanes

Corp - Ports 894 Corp - Shipping 997 Mode - Containerized 1495 Mode - Seaborne 1823 U.S. 5354 Venezuela 66

Hamburg Sud has adjusted its U.S. east coast / Venezuela service to cut Jacksonville as a stop and will instead use Port Everglades. The decline of the Venezuelan economy is likely to blame. The move is a sensible piece of service simplification, after Hamburg Sud’s volumes shipped into Jacksonville fell 10% annually in the past three years. ​​​​​​​The overall impact should be minimal for Jacksonville given Hamburg Sud was only the fourth largest shipper for inbound freight, and Venezuela only accounted for 6% of its volumes there. The most important routes for Hamburg Sud into the U.S. ...

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