The U.S. Department of Transportation’s Bureau of Transportation Statistics said that in September, 64.7 percent of freight between the United States and its partners in the North American Free Trade Agreement was transported by truck.
The German ocean carrier’s employees demonstrated Friday in Hamburg, seeking job protection in the wake of the announcement that the company will be acquired by Maersk Line.
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The Austin, Texas-based publisher and intelligence company said that although pirate attacks will continue to decline, maritime threats, such as militant attacks, will still pose a considerable challenge to global shipping companies.
The Israeli container carrier told American Shipper Friday it is rejecting the rumor that it has intentions to sell its global shipping operations to instead become a regional Mediterranean carrier.
Hanjin opposed Ashley Furniture’s motion for a freeze on the amounts it owes the carrier, along with a reduction in the amounts owed, saying in a court filing that if the motion was granted, its ability to reorganize would have been severely jeopardized.