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Appropriateness of detention and demurrage charges must be addressed on a case-by-case basis, says World Shipping Council.
The third-party logistics provider also cut its first quarter loss in half.
“Every participant in the supply chain will have a role to play” in solving congestion issues, according to a new report from carrier group World Shipping Council.
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.