TOTE LLC’s operating companies TOTE Maritime Alaska and TOTE Maritime Puerto Rico have been honored with “Logistics Management” magazine’s “Quest for Quality Awards” for excellence as ocean carriers.
In the last few months, TOTE Maritime has secured more than 200 additional 53’ containers, leased an additional 500 chassis and distributed 75 new gen sets for customers in Puerto Rico.
“Customers continue to spend, maybe not at the same pace as during the [COVID-19] pandemic, but it continues to be the motor of the economy in Puerto Rico and in the [mainland] U.S.”
— Ignacio Álvarez, CEO of Popular Inc., on the bank’s first-quarter earnings, which although declined compared to last year’s figures due to industry-wide adjustments, sustained consumer spending remains a positive indicator.