The commission said it has “reasonable grounds” to suspect the carriers engaged in collusive practices to fix incremental cargo rates from Asia to South Africa.
The head of the largest freight brokerage in North America told American Shipper this week that capital fueling acquisitions and new technology will push his company and industry as a whole.
The International Transport Workers’ Federation criticized the U.S. Customs and Border Protection (CBP) saying it was told by CBP that it had concerns crew could try and jump ship due to the Hanjin situation.
Registration takes less than 1 minute.
Officials at the Port of Virginia said they can expand barge service to help liner carriers streamline port networks, but the Port of Baltimore said it has advantages that appeal to carriers and shippers.
The Itasca, Ill.-based third-party logistics provider has added a 50,000-square-foot warehouse on the border of Shenzhen in southeastern China, 30 minutes away from the Port of Hong Kong and 45 minutes from Hong Kong International Airport.
The London-based shipping research and consulting firm said carriers can’t cut costs fast enough in an industry where revenues may be $50 billion below what they were in 2014.