The ousting of the co-founder of high profile Southern California-based truckload capacity marketplace Cargomatic, often referred to as the "Uber of trucking," follows drastic staff cuts in March.
The S.C. Ports Authority has spelled out how it will use on-terminal scales to help shippers comply with new SOLAS rules for declaring the accurate weight of containers to their ocean carrier.
Matt Cox, chief executive officer of the Jones Act ocean carrier, says he would not be surprised if industry losses in 2016 exceed $10 billion, but Matson, which operates primarily between the U.S. mainland, Hawaii and Alaska, has limited exposure.
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Meanwhile, the European Commission Competition Directorate has set a “provisional deadline” for a decision on CMA CGM's purchase of APL parent Neptune Orient Lines for this Friday, April 29.
Yu joined the Taiwanese shipping company in 1984 and became president in 2013.
Pier 80 in San Francisco, Calif. could handle up to 150,000 automobiles annually as well as other sorts of roll-on/roll-off and breakbulk cargo, the ocean carrier said in a recent interview with American Shipper.