The Federal Maritime Commission said Friday it concluded its review of the proposed OCEAN Alliance, allowing the new ocean carrier alliance to take effect Monday, although it is not expected to commence operations until around April 2017.
FedEx Express entered into an agreement with Korail Networks to utilize the Korea Train eXpress network to transport time-and temperature-sensitive healthcare shipments.
The Danish liner carrier has resumed service to Iran after a five-year absence and just a year and a half after the Maersk Tigris was fired upon by the Iran Revolutionary Guard Corps Navy.
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APM Terminals appointed A.P. Moller Shipping Services Chief Executive Morten Engelstoft to succeed current CEO Kim Fejfer, who will be taking up a new role at APM Holding A/S, according to a statement from the company.
At 11:00 a.m. EST, the National Hurricane Center issued a public advisory that said the Category 3 hurricane was 55 miles north/northeast of Cabo Lucrecia, Cuba and about 105 miles south of Long Island, Bahamas.
October is projected to be the second-busiest month this year for import volumes at the nation's major container ports, according to the latest monthly Global Port Tracker report from the National Retail Federation and Hackett Associates.