Port congestion issues in early 2015 brought the often chaotic process surrounding detention and demurrage fees into sharp focus, but where where shippers saw pesky and sometimes unfair ad hoc charges, technology providers saw an opportunity.
APL, which CMA CGM acquired in June 2016, contributed positively to the French ocean carrier's first quarter financial results, according to CMA CGM Group CEO Rodolphe Saadé.
"ShipRush services help e-commerce small and medium businesses and omnichannel retailers execute parcel shipments for last-mile delivery to customers," Descartes said in a statement.
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Certain provisions of the merger agreement would have "jumped the gun" by allowing NYK, MOL and "K" Line to share competitively sensitive information or prematurely combine, according to the Federal Maritime Commission.
The Danish shipping giant has confirmed it is selling its Brazilian cabotage subsidiary Mercosul Line in a preemptive move aimed at satisfying any potential competition concerns from Brazil’s Conselho Administrativo de Defesa Economica (CADE).
The 3,100-acre multimodal industrial site in Baltimore entered into a 10-year agreement with Host Terminals to oversee the vast majority of marine cargo operations.