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The ocean carrier joined the joint Hanjin, Yang Ming and TS Lines CKA service, which connects Korea and China with Australia.
Thomson Reuters global tax and trade executive pointed out that tax authorities generally want goods traded between related parties valued lower than customs authorities.
Port of San Diego appoints new head, while Globe Express Services names CEO.
Australian logistics and stevedoring firm Asciano, parent of Patrick Stevedoring, has confirmed it received a purchase offer of $6.8 billion from Brookfield.
BPO arrangement allows the express giant, which has been targeted for acquisition by FedEx, to focus on its core activities and customers service.
While many airfreight carriers around the globe saw a slowdown in growth, Middle Eastern cargo lines reported a drastic increase in airfreight volumes.