The executive arm of the European Union has been mandated to begin negotiations with the United Kingdom following the county's "Brexit" vote to leave the union.
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.
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President Donald Trump said he will work to renegotiate terms with Mexico and Canada.
In addition to bad weather conditions, rampant overbooking by carriers in the wake of newly restructured vessel sharing alliances is at the root of the delays, according to Nicolas Vittori, overseas network manager at France-based Setcargo.
The Global Port Tracker, which is produced by Hackett Associates for the National Retail Federation, is projecting year-over-year volumes increases at the nation’s major retail container ports in the coming months.