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An executive of the ocean carrier commented on the seldom-used route after the Chinese general cargo ship Yong Sheng finished a round trip voyage between China and Europe by sailing through the Arctic waters of the Northeast Passage.
The third-party logistics provider opened a new warehouse outside Jakarta, Indonesia, which will provide storage and handling services, primarily for automotive parts and materials.
The third-party logistics company will manage spare parts logistics services on behalf of the German automobile and motorcycle manufacturing company.
The U.S. Gulf port also expects to benefit from continuing population migration to Texas and the expansion of Panama Canal, which is scheduled to be completed in April 2016.
Meanwhile, a Federal Aviation Administration task force released its recommendations regarding a registration program for unmanned aircraft systems that will affect the use of drones in both commercial and recreational settings.
Box volumes at the largest U.S. East Coast port were up 11 percent year-over-year in October, driven primarily by a 9.8 percent spike in loaded import containers.