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Suez Canal emergency response boats help put out the fire on a 13,102-TEU Hanjin vessel.
Parcel giant will begin offering express delivery, contract logistics and freight forwarding services in the Southeast Asian nation.
The 2M Alliance partners will share space with G6 Alliance member MOL on two loops between Asia and the East Coast of South America.
Pasha Group acquired Horizon Line's Hawaii trade lane operations, while Matson took over the ocean carrier’s Alaska business.
The benefits of upsizing are beginning to plateau and require more infrastructure investment, according to a new report by the OECD's International Transport Forum.
Rates on routes from Shanghai to the United States, on the other hand, rebounded from last week, according to estimates from the Shanghai Shipping Exchange.