The ocean carrier alliance will skip the Oct. 11 voyage on its North Pacific 3 (NP3) service between Asia and the Pacific Northwest in response to “expected low demand in October,” member OOCL said in a statement.
The U.S. Department of Agriculture said the nation's agricultural trade surplus is also expected to increase to $19.5 billion, up 40 percent from $13.9 billion in fiscal year 2016.
The Houston, Texas-based third-party logistics provider moved into a new 34,000-square-foot warehouse and office complex adjacent to the London Heathrow Airport in an effort to enhance its UK market presence.
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Ten empty containers fell overboard the 14,000-TEU MSC Alexandra after its collision with a tanker in the Singapore Straight Wednesday at around 23:55 local time.
Ocean carrier MSC has started investing in TRAXENS, a French start-up that produces technology for ocean container tracking.
Until now, Freightos has focused on helping forwarders quote faster, but since January, the logistics technology provider has been beta testing its China-to-United States marketplace.