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The Ocean3 Alliance of CMA CGM, UASC and CSCL will combine their FAL2 and FAL3 loops between Asia and Europe, decreasing its deployed capacity on the trade by approximately 21 percent, according to data from BlueWater Reporting.
Ocean carriers Maersk Line, CMA CGM, MOL and OOCL issued general rate increases.
Ocean carrier MSC said it will divert cargo destined for Hodeidah to the Port of Aden after airstrikes by the Saudi-led coalition caused major damage to port infrastructure.
International Container Terminal Services Inc., operator of the Manila International Container Terminal, said the Terminal Appointment Booking System is a "proactive alternative" to truck bans.
Federal grants supported engine retrofits for 10 locomotives and more are expected next year, according to Norfolk Southern.
The over 5,000 firearms and 490,000 rounds of ammunition found hidden in containers onboard the Haddad I may have been destined for ISIS forces.