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Ocean carrier APL announced its joint ACX/NAE service with Maersk subsidiary SeaLand will drop its call at Miami in favor of a call at Port Everglades.
The industry research and analytics firm forecast more than 30 percent growth in trade between North America and Europe and China and Vietnam.
The intra-America subsidiary of Danish container giant Maersk Line will purchase 350 TEUs per week on ships belonging to the French ocean carrier, according to a filing with the Federal Maritime Commission.
Saverco NV, a controlling shareholder of Antwerp-based cargo ship and aircraft lessor CMB, will seek to purchase all outstanding shares of CMB.
Rates from Shanghai to Northwest Europe and the Mediterranean have increased dramatically in the past two weeks, but rates from Shanghai to the United States have fallen three weeks in a row.
Weak trade has limited growth opportunities for airfreight carriers, but trade is expected to improve in the second half of the year, according to the International Air Transport Association.