Registration takes less than 1 minute.
Spot container rates between Asia and Europe last week hit a six-month high, according to data from the Shanghai Shipping Exchange's Shanghai Containerized Freight Index.
"In second half of 2015, international trade still won’t be cheerful," CSCL said in its most recent financial statements, pointing to the massive influx of new capacity in the ocean liner industry.
Ocean carriers Maersk Line and CMA CGM issued general rate increases.
The FedEx unit of the Air Line Pilots Association has approved a new tentative contract agreement, which must now be voted upon by the express carrier’s 4,000 eligible pilots.
HighJump, a provider of supply chain management solutions, has acquired Wesupply, a U.K.-based premier business-to-business supply chain solutions supplier.
The Port of Rotterdam Authority signed an agreement with the Medan, Indonesia-based port company to conduct a feasibility study on the construction of a new deep water port in Kuala Tanjung.