NileDutch appoints ISS as new agent in Alexandria
Inchcape Shipping Solutions became NileDutch’s new agent in Alexandria, Egypt.
Inchcape Shipping Solutions became NileDutch’s new agent in Alexandria, Egypt.
Ocean carriers CMA CGM, Hapag-Lloyd, MOL, OOCL and Hamburg Sud issued general rate increases on several trade routes.
Changes to free time policies “must be carefully considered” and should not come until after a planned overhaul of appointment systems, the Los Angeles Customs Brokers & Freight Forwarders Association said in a letter last week to the Port of Long Beach.
Federal Maritime Commissioner William P. Doyle says he is predisposed to give carriers flexibility in adjusting alliance structures to align with the current realities of ocean shipping industry consolidation.
The Evergreen Group’s Colon Container Terminal will be equipped to handle the much larger containerships that will be able to transit the Panama Canal when its expansion project is completed early next year.
A business-led coalition has started the Global Alliance for Trade Facilitation to help developing countries meet their obligations under the World Trade Organization’s Trade Facilitation Agreement.
The e-commerce giant will make a decision on whether to move forward with launching its own air cargo business in January, according to a report in the Seattle Times.
Ocean carrier Hanjin will terminate its CKA loop between Asia and Oceania and will join a loop connecting Japan, Korea and China with Australia in February.
Florida International Terminals will relocate its terminal within the south end of the port as part of the new 10-year deal in order to accommodate an expansion project at the South Florida port.
The Maersk intra-Americas affiliate’s “Atlantico” service from Altamira and Veracruz will offer rapid transit time to shippers of produce and other foodstuffs, according to a statement from SeaLand.
Truckload pricing grew 1.6 percent for the month compared to November 2014, the ninth consecutive monthly increase, according the latest Cass Truckload Linehaul Index.
The independent common carrier commenced its Inter-Egypt Service this week and will launch its Egypt Izmir Service at the beginning of January.
Rates dropped another 2.4 percent in November compared to last year, the tenth consecutive month prices have fallen, according to the latest Cass Intermodal Price Index.
The Taiwanese ocean carrier will purchase slots on the CKI service, which is jointly operated by KMTC and TS Lines.
The Eurofos terminal, which is located in the French Mediterranean port’s western harbor, acquired two 54-meter high cranes with a 72-meter outreach.
South Carolina Ports Authority names carrier and shipper veteran to VP of HR, while the ports of Manatee and Tacoma and the IACSC install board leaders.
Meanwhile, aggregate spot container rates as measured by the Shanghai Containerized Freight Index fell 7.6 percent from last week, as rates from Shanghai to Northwest Europe and the Mediterranean tumbled 20.6 percent and 16.9 percent, respectively.
Monthly volumes at the Southern California port have exceeded 700,000 TEUs for the past six months, and the port is currently preparing for the arrival of the largest containership ever to call a U.S. port.
The Memphis, Tenn.-based integrator reported net income of $691 million on $12.5 billion in revenues in the second quarter of fiscal year 2016 ended Nov. 30, year-over-year increases of 4.2 percent and 4.8 percent, respectively.
The Prince Rupert Port Authority and port terminal operator DP World have agreed to study the further expansion of the Fairview Container Terminal beyond its current enlargement project.