The S.C. Ports Authority banks on profit-making strategy to finance infrastructure at Charleston and elsewhere.
Shippers better understand the value of automating shipment execution.
North America now accounts for half of ZIM’s container-shipping business.
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Rates from Shanghai to Northwest Europe and the Mediterranean declined 6.9 percent and 6.6 percent, respectively, since last week, however various ocean carriers plan to increase rates from Asia to North Europe and the Mediterranean May 1.
The German container carrier attributed its swing to a $127.5 million profit in 2015 from a $675.6 loss in 2014 to the merger with Chilean carrier CSAV, internal cost-cutting, and lower external costs, including a big drop in fuel prices.
Ocean carriers Maersk Line, CMA CGM, COSCO, CSCL, Hapag-Lloyd, OOCL and MOL issued general rate increases.