The Federal Maritime Commission said Friday it concluded its review of the proposed OCEAN Alliance, allowing the new ocean carrier alliance to take effect Monday, although it is not expected to commence operations until around April 2017.
PierPass, whose members consist of the 13 container terminals at the ports of Los Angeles and Long Beach, held a workshop last Thursday to evaluate extended gate options.
Geneva-based Mediterranean Shipping Co. has confirmed it is looking to buy the now insolvent South Korean shipping company’s 54 percent stake in the Southern California container terminal.
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The Bonn, Germany-based parcel carrier said it will impose a 4.9 percent general average price increase for its U.S. account holders, effective Jan. 2.
The Eden Prairie, Minn.-based third-party logistics provider opened a new global forwarding office in Vancouver, British Columbia.
U.S. beef export volumes in August, which were the highest since October 2014, rose 26.9 percent from August 2015 thanks to increased beef exports to Hong Kong, Korea, Japan and Mexico.