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Officials at the Cuban Interest Section in Washington have held at least 30 meetings with companies interested in doing business in the island nation.
U.S. rates dropped, but transpacific carriers plan significant rate increases in June and July.
Mitigating factors impacted the expected rebound after the resolution of contentious ILWU-PMA port labor contract negotiaitons, according to the southern California port.
Pasha Group acquired Horizon Line's Hawaii trade lane operations, while Matson took over the ocean carrier’s Alaska business.
The benefits of upsizing are beginning to plateau and require more infrastructure investment, according to a new report by the OECD's International Transport Forum.
Rates on routes from Shanghai to the United States, on the other hand, rebounded from last week, according to estimates from the Shanghai Shipping Exchange.