Ocean carriers Maersk Line, CMA CGM, Hapag-Lloyd, OOCL and MOL issued freight rate increases.
The Netherlands-based third-party logistics provider has appointed Peter Waller chief finance officer and member of its executive board.
The Bonn, Germany-based parcel carrier said it will impose a 4.9 percent general average price increase for its U.S. account holders, effective Jan. 2.
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The San Francisco-based freight forwarder, which has now raised a total of $94 million to fund global expansion, said it is constructing a new operating system for global trade that will unite the world in a seamless web of commerce.
Various media reports have speculated the sale of South Korean liner carrier Hanjin Shipping, viewing COSCO and Maersk Line as possible buyers.
A new Visibility Benchmark Study from American Shipper also found that third-party logistics companies have a major problem delineating their cost to provide visibility to shippers.