The London-based shipping consultant reported that OOCL of Japan was the most reliable container shipping carrier in May, with an on-time performance score of 81.1 percent.
An American Shipper poll of shippers and forwarders revealed that nearly 90 percent believe at least some cargo will be delayed by the verified gross mass rule that went into effect globally today.
The United States Senate also confirmed the reappointment of Federal Maritime Commissioners Rebecca F. Dye and Michael A. Khouri, whose terms will now last until 2020 and 2021, respectively.
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The Federal Aviation Administration on Wednesday proposed two separate civil penalties against Amazon in the combined amount of $130,000 for alleged violations of federal hazardous materials regulations.
Container pricing today is more likely to be based on a carrier’s cost of providing the service and the value of a customer’s business, rather than what on what is in the box.
The economic case for the 12-nation Trans-Pacific Partnership is convincing, and in Southeast Asia, the strategic costs of not approving it are high, and rising fast, according to Bloomberg columnists Nisid Hajari and Mary Duenwald.