The Hong Kong-based third-party logistics provider has renamed Albini & Pitigliani Sverige AB, known as ALPI Sverige, Kerry Logistics (Sweden) following the integration of the company’s businesses.
Hanne B. Sørensen, chief executive of A.P. Møller-Maersk’s third-party logistics subsidiary, will be replaced by current Maersk Line Head of East West Trades Klaus Rud Sejling, the company said in a statement.
The Shanghai Containerized Freight Index fell 3.5 percent from last Friday to a reading of 707.68, declining for the second straight week as the short-term boost after Hanjin Shipping filed for receivership at the end of August has now faded.
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Electronics manufacturer Samsung said in court filings that "cargo owners are being held hostage," while Maher Terminals said it "is not required to extend free credit to Hanjin, and should not be forced to."
U.S. Customs and Border Protection (CBP) Commissioner Gil Kerlikowske told customs brokers and forwarders Tuesday that members of a key trade facilitation program, known as CBP’s Customs-Trade Partnership Against Terrorism program, need “enhanced benefits.
The now insolvent South Korean ocean carrier released a status update Monday on the 97 vessels it operates, which illustrated that 59 of these vessels are still waiting in open sea.