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The MacArthur Lock, one of the two actively used locks that enable ships to travel between Lake Superior and the lower Great Lakes, will be closed for at least 10 days due to a malfunctioning gate.
Gulftainer appoints CEO of GT International, while MOL names manager of contract services.
The 2M Alliance carriers will join the members of the CKYHE Alliance in offering service through the intermodal gateway in Northern British Columbia.
Saverco NV, a controlling shareholder of Antwerp-based cargo ship and aircraft lessor CMB, will seek to purchase all outstanding shares of CMB.
Rates from Shanghai to Northwest Europe and the Mediterranean have increased dramatically in the past two weeks, but rates from Shanghai to the United States have fallen three weeks in a row.
Weak trade has limited growth opportunities for airfreight carriers, but trade is expected to improve in the second half of the year, according to the International Air Transport Association.