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United Arab Shipping Co.will be exempt from the Federal Maritime Commission's “controlled carrier” requirement that it provide 30 days’ notice of any reduction in its published tariff rates.
Gulftainer will make its U.S. debut at Canaveral as the operator of the new box terminal.
The Port of Los Angeles will begin construction this summer on a two-year project to upgrade and expand berths and backlands at the Yusen Terminals LLC container terminal.
Australian logistics and stevedoring firm Asciano, parent of Patrick Stevedoring, has confirmed it received a purchase offer of $6.8 billion from Brookfield.
BPO arrangement allows the express giant, which has been targeted for acquisition by FedEx, to focus on its core activities and customers service.
While many airfreight carriers around the globe saw a slowdown in growth, Middle Eastern cargo lines reported a drastic increase in airfreight volumes.