The non-vessel operating common carrier and ocean freight consolidator said the new service will launch Dec. 12 and will provide 22-day transits from Gdynia to New York.
Jon Ross, a former American Shipper editor who is an expert on the air cargo industry, pointed out how various market fundamentals, along with UPS’ Boeing order, echo the general consensus that the air cargo market is about to pick back up.
Oakland Bulk & Oversized Terminal (OBOT) has sued the City of Oakland in federal court after facing strong opposition from environmentalists and others that oppose coal exports through a bulk handling terminal OBOT wants to build.
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FMC Commissioner Doyle says provisions in new vessel sharing agreement could protect other members in the event of a Hanjin-like bankruptcy.
The U.S. Commerce Department reported Friday the nation’s trade deficit in September fell 9.9 from a month prior amid stronger exports.
Federal Maritime Commission Chairman Mario Cordero said that as container carriers form new alliances and merge, they are seeking new powers, causing some nervousness among shippers.