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“Every participant in the supply chain will have a role to play” in solving congestion issues, according to a new report from carrier group World Shipping Council.
The ocean carrier’s new China East Coast Express 2 will connect ports in China and Southeast Asia with the United States East Coast via the Suez Canal.
Investment bank's transportation and logistics group found the six publicly traded forwarders split among those focused on margin and those struggling with IT and cultural issues.
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.