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The airfreight carrier will operate daily Boeing 777-200ER flights from Heathrow Airport in London to the growing Malaysian trade hub.
Members of the Transpacific Stabilization Agreement are recommending two $600 general rate increases and a $400 peak season surcharge.
Worldwide Flight Services says it will accelerate its growth through opportunities and acquisitions under the ownership of the global investment firm.
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.