American Shipper

Ocean carriers Maersk Line, CMA CGM and Hapag-Lloyd have issued freight rate increases.

Ocean carriers Maersk Line, CMA CGM and Hapag-Lloyd issued freight rate increases.

Ocean carriers Maersk Line, CMA CGM and Hapag-Lloyd issued freight rate increases on various trades.

Ocean carriers Maersk Line, CMA CGM and Hapag-Lloyd issued general rate increases on various trades.

Hansa Heavy Lift appoints head of Asia Pacific, while Broekman Logistics promotes new managing director of warehousing and distribution and American Trucking Associations names Infrastructure Funding Task Force members.

Members of the 2M Alliance – Maersk and MSC – reached a space-sharing deal with HMM, which they said is “outside the scope” of the 2M Alliance, but will involve HMM buying slots on 2M vessels and 2M partners purchasing slots with HMM on selected routes.

Members of the 2M Alliance – Maersk and MSC – reached a space-sharing deal with HMM, which they said is “outside the scope” of the 2M Alliance, but will involve HMM buying slots on 2M vessels and 2M partners purchasing slots with HMM on selected routes.

Jon Ross, a former American Shipper editor who is an expert on the air cargo industry, pointed out how various market fundamentals, along with UPS’ Boeing order, echo the general consensus that the air cargo market is about to pick back up.

Oakland Bulk & Oversized Terminal (OBOT) has sued the City of Oakland in federal court after facing strong opposition from environmentalists and others that oppose coal exports through a bulk handling terminal OBOT wants to build.

The industrial real estate services and investment management firm said it anticipates low interest rates, healthy consumer spending and strong e-commerce will boost industrial and logistics real estate growth in 2017.

The company’s $1.3 billion investment will be made throughout Mexico, and will involve building distribution centers and expanding existing ones.

The index remained practically unchanged since last Friday, inching up 0.3 percent to a reading of 797.62.

Annualized turnover rates at large truckload fleets fell another 2 percentage points to 81 percent in the third quarter of 2016, the lowest level since second quarter 2011, according to the American Trucking Associations.

The Chicago-based technology company more than doubled its headcount and tripled its office space after securing its first round of outside funding in September.

The chief and second engineers of the Top Ship cargo vessel were sentenced Thursday to jail for their role in obstructing a U.S. Coast Guard inspection in July 2015 on board the ship in North Carolina’s Port of Wilmington.

The Port of Virginia experienced its second busiest month ever in November for container volumes, handling 236,155 TEUs.

The United States exported higher amounts of beef and pork in terms of volumes and value in October compared to a year prior, but lamb exports were on the decline.

President Obama has sent his nomination of Ann Begeman for a second five-year term on the U.S. Surface Transportation Board to the Senate floor, according to a statement from the White House.

The third-party logistics provider subsidiary of German railway company Deutsche Bahn will combine its air and ocean freight division with its land transport division, as well as create a new division called Commercial DB Schenker and Contract Logistics.

American Soybean Association elects president and vice president, while the IATA FIATA Air Cargo Program nominates governance manager, and Hill Dickinson hires global head of shipping.