Crude oil prices have risen about 60 percent from a 2016 low, but the risk that prices will again fall is forcing Maersk’s oil unit to explore bigger cost cuts than previously planned, according to group CEO Nils Smedegaard Andersen.
Maersk and UASC have both signed agreements to work with Qatar Liquefied Gas Co. and Royal Dutch Shell Plc to develop liquid natural gas as a maritime fuel.
Combined United States carload and intermodal cargo volumes fell 11.8 percent in April compared with April 2015 and 7.8 percent for the first four months of 2016, according to data from the Association of American Railroads.
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The shipment management software provider will offer the verified gross mass submission tool free when booking or shipping instructions are filed through the company's platform.
The National Customs Brokers & Forwarders Association Of America says its members want issues related to vessel coordination, chassis, drayage availability, dwell times, container turnaround times, demurrage and detention to be addressed.
The new International Maritime Organization container weight rule was just one of many concerns raised during the Port of Long Beach’s annual Pulse of the Ports Peak Season Forecast on Wednesday.