The non-vessel operating common carrier and ocean freight consolidator said the new service will launch Dec. 12 and will provide 22-day transits from Gdynia to New York.
Jon Ross, a former American Shipper editor who is an expert on the air cargo industry, pointed out how various market fundamentals, along with UPS’ Boeing order, echo the general consensus that the air cargo market is about to pick back up.
Oakland Bulk & Oversized Terminal (OBOT) has sued the City of Oakland in federal court after facing strong opposition from environmentalists and others that oppose coal exports through a bulk handling terminal OBOT wants to build.
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Datamyne provided American Shipper with statistics illustrating how some non-vessel-operating common carriers pulled U.S. import volume from Hanjin ships prior to August, while others ramped up their use of the financially stricken carrier.
The South Korean ocean carrier filed for recognition of its Korean insolvency proceeding in the United States Friday in the U.S. Bankruptcy Court for the District of New Jersey and the court ordered a hearing on the request for Tuesday.
Judge John Sherwood of the U.S. Bankruptcy Court for the District of New Jersey moved to recognize receivership proceedings in South Korea for the now insolvent ocean carrier Hanjin Shipping.