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Members of the Transpacific Stabilization Agreement are recommending two $600 general rate increases and a $400 peak season surcharge.
U.S. Naval Forces Central Command has begun accompanying U.S.-flagged maritime traffic in the Strait of Hormuz.
Container derivatives broker at Freight Investor Services in London cites reports that Maersk is cutting rates to Europe.
Together with Dynamex, the two units will offer final mile delivery in more than 70 markets.
Analysts see no let up in rate volatility as big ship deliveries continue.
Port of Dammam terminal operator International Ports Services set a record for the first four months of 2015.