The Israeli ocean carrier will launch its ZNP loop in April 2017, connecting ports in Southeast Asia and China to Vancouver, Canada.
Hong Kong Air Cargo Terminals Ltd. handled a total of 1.65 million metric tons of airfreight for the full year in 2016, a record for the terminal operator and a 1.7 percent improvement from the previous year.
The Memphis, Tenn.-based integrator moved up the previously announced appointment of David Bronczek as president and chief operating officer from the beginning of 2018 to Feb. 1, 2017, the company said in a statement.
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The container freight market is strengthening as carriers begin some 2017 negotiations, and Drewry said some shippers could see contract rates rise 20-40 percent in worst case scenarios.
The global freight forwarder will use CargoSphere’s ocean freight Rate Mesh network to drive access to more current, accurate rates and quicken its quoting capability to customers.
Ford Motor Co. canceled plans for an auto plant in Mexico as President-elect Donald Trump made it clear he intends to pursue a strategy of economic nationalism.