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The UPS Worldwide Express Freight service, designed for urgent, time-sensitive and high-value international heavyweight shipments, added eight new origin countries and five new destination countries to its network.
Federal Maritime Commissioner Richard Lidinsky noted shippers diverted cargo to Canadian and Mexican ports to avoid port congestion on the United States West Coast.
San Francisco-based Fleet, started by a former shipper, has launched an online marketplace for small and midsized shippers to review and rate freight forwarders.
Georgia Ports Authority said TEU volumes in Savannah have climbed almost 17 percent in the past 12 months.
Foreign Minister Sameh Shoukry said Monday that Egypt is capable of protecting the new waterway that runs alongside the existing canal.
Meanwhile, maritime consultant Drewry said it believes the sale of G6 Alliance member APL's parent company Neptune Orient Lines is unlikely at this time, despite the line being a "habitual loss maker."