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.
Ocean carriers Maersk Line, MSC, CMA CGM and Hapag-Lloyd announced new freight rates.
The Salt Lake City, Utah-based automobile motor manufacturer plans to have its Nikola One truck, a zero-emissions electric drivetrain powered by high-density lithium batteries, in production by 2020, the company said in a statement.
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However, the trade deal, known as the Comprehensive Economic and Trade Agreement, still must be approved by nearly 40 regional and national parliaments in Europe before it can be implemented.
The global freight forwarder will use CargoSphere’s ocean freight Rate Mesh network to drive access to more current, accurate rates and quicken its quoting capability to customers.
On the Shanghai to Northwest Europe trade, rates increased 8 percent since two weeks ago, from $699 per TEU to $755 per TEU, while on the Shanghai to Mediterranean trade, rates slipped 3.1 percent, from $583 per TEU to $565 per TEU.