Executive Moves: OmniTRAX, MARS, Corpus Christi
Board members are charged with overseeing a privately held company, an association of shippers and a port authority.
a month ago
Shippers that have in the past relied on forwarders to afford access to multiple carriers should keep careful watch of where those forwarders’ allegiances lie, given the number of forwarders that are now captives of one carrier or another
Spot container rates from Shanghai to the U.S. West Coast totaled $1,345 per FEU as of March 15, while rates from Shanghai to the U.S. East Coast stood at $2,357 per FEU, with rates on both trades falling each week since the Jan. 18 reading, according to data from the Shanghai Containerized Freight Index.