Container freight rates drop 8% in March

containers traffic explains much of the result. Terminals adjusted shifts and equipment to absorb demand.

Argentina authorities are studying regulatory changes to speed up investment and make concession contracts more predictable.

According to industry sources, operations in San Lorenzo have grown steadily and operators expect 8% more activity next quarter.

Hapag-Lloyd said the region has room to grow if bottlenecks in land access and draft are solved.