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Container derivatives broker at Freight Investor Services in London cites reports that Maersk is cutting rates to Europe.
Officials at the Cuban Interest Section in Washington have held at least 30 meetings with companies interested in doing business in the island nation.
Attendees at Gartner's Supply Chain Executive Summit were urged to be realistic, but ambitious about investments and end goals in supply chain-related IT.
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.