Looking ahead at 2017, Duluth Seaway Port Authority Public Relations Director Adele Yorde told American Shipper the port authority will be completing a “de-bottlenecking project” on the main footprint of its Clure Public Terminal this year.
The German ocean carrier said the bonds are not for sale in the United States, and proceeds will be used for early redemption of notes due later this year and for general corporate purposes.
A study prepared for the Directorate-General for Climate Action found that savings from Flettner rotors and wing sails are seen as comparable.
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The global freight forwarder will use CargoSphere’s ocean freight Rate Mesh network to drive access to more current, accurate rates and quicken its quoting capability to customers.
The outbound cross-border eCommerce distribution center is scheduled to be built by April 2017 in Narita, Japan.
The contract freight rate benchmarking company warned, however, that stability will be hard to come by, and if just one or two carriers begin to drop rates and chase market share again, prices will likely fall across the board.