The ZIM operated Seven Star Service between Asia and the U.S. East Coast will be suspended for the winter slack season, but the Israeli carrier will join the G6 Alliance’s SVS on the trade as a vessel provider, dubbing it the Seven Star Winter Service.
The nonprofit organization said Wednesday it broke ground on what will become the largest distribution hub for humanitarian medical aid in the United States.
The head of the largest freight brokerage in North America told American Shipper this week that capital fueling acquisitions and new technology will push his company and industry as a whole.
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Edward Greenberg, the association’s general council, said the Federal Maritime Commission’s revision would offer "much needed flexibility" to non-vessel-operating common carriers when including rate and surcharge changes in their service arrangements.
Various media reports have speculated the sale of South Korean liner carrier Hanjin Shipping, viewing COSCO and Maersk Line as possible buyers.
A bankruptcy court in Newark, N.J. will hear requests for modifications as Hanjin Shipping’s biggest shareholder, Korean Air Lines, has postponed a decision to provide cash to the carrier.