The ZIM operated Seven Star Service between Asia and the U.S. East Coast will be suspended for the winter slack season, but the Israeli carrier will join the G6 Alliance’s SVS on the trade as a vessel provider, dubbing it the Seven Star Winter Service.
The nonprofit organization said Wednesday it broke ground on what will become the largest distribution hub for humanitarian medical aid in the United States.
The head of the largest freight brokerage in North America told American Shipper this week that capital fueling acquisitions and new technology will push his company and industry as a whole.
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Citing the ongoing economic slowdown in China and waning U.S. imports, the World Trade Organization on Tuesday slashed its 2016 global trade forecast to 1.7 percent from a previous projection of 2.7 percent growth this year.
The 3rd U.S. Circuit Court of Appeals affirmed the dismissal of a federal complaint filed against the Waterfront Commission of New York Harbor over a hiring dispute.
Korea’s Financial Services Commission said the government will promote sales of Hanjin Shipping’s core assets to Hyundai Merchant Marine in a bid to maintain competitiveness of the Korean shipping industry.