The parcel carrier’s expedited shipping segment will raise prices by an average of 3.9 percent in Germany, effective Jan. 1, 2017, with prices in other countries varying based on local conditions, the company said in a statement.
The total value of cross-border freight between the United States and North American trading partners Canada and Mexico slipped another 6.4 percent year-over-year in June 2016, according to the Bureau of Transportation Statistics.
The London-based shipping research and consulting firm said that as currently planned, “The Alliance” will be "at a size disadvantage," making up 24 percent of East-West capacity.
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The Atlanta, Ga.-based parcel giant announced rate increases for parcel and freight shippers, but the increases will vary by customer.
A survey conducted by American Shipper revealed that 40 percent of participants believe the most likely outcome of Hanjin’s predicament is that its assets will be liquidated and acquired by multiple carriers.
United Airlines and DHL Global Forwarding will increase the number passenger services with refrigerated cargo capacity, as well as grow available cold chain storage for temperature-controlled cargoes, the companies said in a joint statement.