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Rates are falling on major trade routes to Europe, U.S., according to the latest figures from the Shanghai Shipping Exchange.
Fees are having "negative impact" on the fair, efficient and reliable movement of ocean cargo, according to a new report from the Federal Maritime Commission.
Lower bunker prices are a temporary windfall that won't last, according to predictions from Boston Consulting Group.
More needs to be done about these "unfair and unreasonable" fees, according to a joint letter from 94 industry organizations.
The parcel giant reported improved profitability across all business units in the first quarter 2015, thanks primarily to new pricing initiatives, revenue management and strong growth in international volumes.
The joint-venture company formed by the Public Investment Fund of Saudi Arabia and PSA International handled its first commercial containership last week.