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American Shipper
DHL launches China-Germany rail express
Transit times of 10-12 days are promised on the new service from DHL Global Forwarding.
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American Shipper
Dry bulk specialist Pacific Basin to issue US$175 million debt
Hong Kong Stock Exchange-listed ocean carrier Pacific Basin (HK: 2343) will issue US$175 million (approximately HK$1,371 million) of non-amortizing unsecured convertible bonds to boost its…
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News
Big Oil: Saudi Aramco announces intent to go public
Saudi Aramco, believed to be the world’s largest integrated oil and gas company, has announced it will undergo an IPO on the Saudi Arabian stock…
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American Shipper
AB 5 protest planned in California by owner-operators
truckers hauling construction materials and agricultural products, flyers promoting the protests also have been posted around the ports
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American Shipper
Evidence of forced labor triggers US hold on Malawi tobacco imports
U.S. Customs and Border Protection said importers of tobacco from the southeast African country must demonstrate the goods are not in violation for clearance.
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Freight Futures News
Platts debuts parallel IMO 2020 ship indices – and spread is huge
New freight indices provide visibility on potential earnings premiums of scrubber-equipped vessels.
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American Shipper
Proposed demurrage and detention rule spotlights industry schism
Shippers and NVOs urge the U.S. Federal Maritime Commission to implement the interpretive rule, while ocean carriers and marine terminals say it needs further refining.
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American Shipper
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American Shipper
UN takes aim at US trade policy
In a thinly veiled swipe at President Trump’s trade policy, the U.N. says protectionism will result in weaker maritime demand over the next five years.
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News
DSV Panalpina targets more cost synergies
The challenges facing the Danish logistics giant as it integrates Panalpina were evident in its first quarterly results since the $5 billion acquisition.
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