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APL said it plans to hike refrigerated container rates globally by $1,500 on Jan. 7.
"Rates are currently at
unsustainable levels, and we face the challenge of escalating
operational costs, which show no signs of abating," the Singapore-based carrier said.
APL's action follows similar decisions to hike reefer rates by other carriers, including Maersk.
Shipper group also calls on carriers to quit discussion agreements, conferences.
The U.S. Surface Transportation Board approved a joint proposal by Anacostia Rail Holdings’ Louisville & Indiana Railroad and CSX to upgrade the rail line.
Businesses large and small and across many sectors share their views on the massive West Coast port cargo delays.
The recovery of congestion laden West Coast ports significantly impacted shipment volumes and expenditures, according to the latest Cass Freight Index Report.
The port attributed the results primarily to throughput growth in oil products, LNG and container cargo.
Maersk Group and Crowley Maritime say the new company, called Ardent, will be headquartered in Houston.