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Appropriateness of detention and demurrage charges must be addressed on a case-by-case basis, says World Shipping Council.
French ocean carrier will commence transatlantic operations on a new joint pendulum service with Hamburg Sud and UASC this month.
Ocean carriers look to launch their new joint service between the United States East Coast, Central America and South America in late June or early July.
Pasha Group acquired Horizon Line's Hawaii trade lane operations, while Matson took over the ocean carrier’s Alaska business.
The benefits of upsizing are beginning to plateau and require more infrastructure investment, according to a new report by the OECD's International Transport Forum.
Rates on routes from Shanghai to the United States, on the other hand, rebounded from last week, according to estimates from the Shanghai Shipping Exchange.