The Russian cargo airline launched its new Houston-Abu Dhabi freight service this week.
U.S. President Barack Obama held an open forum with young entrepreneurs on the economic benefits of the 12-country Trans-Pacific Partnership free trade agreement yesterday in Ho Chi Minh City, Vietnam.
However, the International Maritime Organization's Maritime Safety Committee said there should be no delay in the implementation of the verified gross mass rule.
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Shippers should think about supplying container weight data to ocean carriers ahead of the July 1 start date if they ship cargo that transfers to a second vessel in another port.
Federal Maritime Commissioner William P. Doyle praised the statement from ocean carrier group OCEMA, but noted officials "still need to address an important liability issue for the shippers" in order to implement new verified gross mass requirements.
Maritime consultancy Drewry found that approximately 80 percent of shippers won’t shift any volume from ocean to air to avoid disruptions caused by the verified gross mass rule scheduled to go into effect July 1.