DHL Express appoints Markus Reckling as the new chief executive for Germany, while Mitsui O.S.K. Line (MOL) names chief country representative in Turkey.
However, the Northwest Seaport Alliance said it may see lower cargo volumes for February, and volumes with Alaska are expected to decline for the full year of 2017 due to soft market conditions.
The Greek port’s box volumes declined in 2016 from a year prior amid increased volumes at the car terminal, while revenues ticked up 3.6 percent.
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The outbound cross-border eCommerce distribution center is scheduled to be built by April 2017 in Narita, Japan.
Marilee McInnis, director of international corporate affairs at Walmart, said although the retailer no longer does business with Hanjin due to the carrier’s bankruptcy, it is currently speaking with another Korean carrier regarding its shipping needs.
The contract freight rate benchmarking company warned, however, that stability will be hard to come by, and if just one or two carriers begin to drop rates and chase market share again, prices will likely fall across the board.