The Russian cargo airline launched its new Houston-Abu Dhabi freight service this week.
U.S. President Barack Obama held an open forum with young entrepreneurs on the economic benefits of the 12-country Trans-Pacific Partnership free trade agreement yesterday in Ho Chi Minh City, Vietnam.
However, the International Maritime Organization's Maritime Safety Committee said there should be no delay in the implementation of the verified gross mass rule.
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The National Transportation Safety Board hopes to recover the voyage data recorder and use it in the agency's investigation into why the TOTE Maritime general cargo vessel sank last fall, claiming the lives of 33 crew members on board.
Meanwhile, the European Commission Competition Directorate has set a “provisional deadline” for a decision on CMA CGM's purchase of APL parent Neptune Orient Lines for this Friday, April 29.
The French ocean carrier transported 2.9 percent more containers, but saw the average freight rate tumble 17.6 percent when compared to the first quarter of 2015.