The Federal Maritime Commission said Friday it concluded its review of the proposed OCEAN Alliance, allowing the new ocean carrier alliance to take effect Monday, although it is not expected to commence operations until around April 2017.
FedEx Express entered into an agreement with Korail Networks to utilize the Korea Train eXpress network to transport time-and temperature-sensitive healthcare shipments.
The Danish liner carrier has resumed service to Iran after a five-year absence and just a year and a half after the Maersk Tigris was fired upon by the Iran Revolutionary Guard Corps Navy.
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The real-time truckload tracking and visibility startup said it will use the investment funds to integrate more data sources into its platform, expand internationally, and cover additional transportation modes such as LTL, rail, intermodal and ocean.
The first logistics-focused technology accelerator Dynamo has its inaugural demo day Tuesday, and American Shipper recently visited Chattanooga to find out more.
The Norway stock exchange has launched SHIPPING DNM, a tradable index based on the Oslo Børs Shipping Index, which consists of 13 company stocks with a total market value of $2.58 billion, the exchange said in a statement.