The weekly loop is scheduled to launch in November to meet agricultural season demand.
The ZIM operated Seven Star Service between Asia and the U.S. East Coast will be suspended for the winter slack season, but the Israeli carrier will join the G6 Alliance’s SVS on the trade as a vessel provider, dubbing it the Seven Star Winter Service.
The International Transport Workers’ Federation criticized the U.S. Customs and Border Protection (CBP) saying it was told by CBP that it had concerns crew could try and jump ship due to the Hanjin situation.
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Guido De Ciccio, senior vice president, Operations Western Region at Canadian Pacific, is retiring after 40 years with the Calgary-based Class I railroad, CP said in a statement.
The Chicago-based technology company, which builds application programming interfaces for the logistics and transportation industry, will use the funding to fuel sales and product development.
The President of South Korea, Park Geun-hye, said corporate responsibility and moral hazards are creating adverse effects on its national economy and the government will not blindly support companies in financial trouble.