American Shipper is gathering feedback from shippers, carriers, and others to better understand perspectives on how well the Federal Maritime Commission is doing as chief U.S. regulator of the shipping industry.
The shipping research and consulting firm attributed November’s year-over-year increase in idled containership capacity to the Panama Canal’s new locks, which made smaller containerships less attractive, along with Hanjin’s bankruptcy.
The Dubai-based operator will own 55 percent of a new vehicle targeting port and terminal investment opportunities outside of the United Arab Emirates, while Canadian pension fund Caisse de dépôt et placement du Québec will hold the other 45 percent.
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MOL appoints chief country representatives in Brazil and Mexico, while Bureau International des Containers names new secretary general.
The marine terminal operator said that effective Dec. 6, truckers will be required to make appointments to pick up container imports in order to reduce wait times by more evenly distributing truck arrivals throughout the day.
The automaker said it will keep open a production line for one of its models at a Kentucky plant instead of relocating it to Mexico and President-elect Trump hailed the decision.