The new warehouse is the first facility in Vietnam to provide a super frozen storage room, which reaches as cold at -58 degrees Fahrenheit.
Meanwhile, just this Friday, the Shanghai Shipping Exchange said its Shanghai Containerized Freight Index declined 6.2 percent from last Friday’s reading of 670.29 to a reading of 628.59.
William E. (Bill) Woodhour became president of Maersk Line, Ltd. (MLL) July 1 and will eventually become chief executive officer of the company, taking over from Russ Bruner, who has been president and CEO of MLL since 2014.
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The International Cargo Handling Coordination Association reminded shippers and forwarders that the container weighing rule will go into effect Friday, with no three-month grace period as some have mistakenly understood.
A collection of maritime industry groups on Monday released a supplementary set of frequently asked questions to support smooth implementation of the container weight rule scheduled to take effect Friday.