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A tie-up between Singapore's Neptune Orient Lines, parent of liner company APL, and CMA CGM of France would combine the third and thirteen largest container carriers worldwide.
The Transpacific Stabilization Agreement's 15 members plan a $1,200-per-FEU rate hike on Asia-U.S. West Coast trade Jan. 1 and want a minimum rate of $1,700 per FEU to the U.S. West Coast in 2016-17 contracts.
United States gross domestic product (GDP) grew 2.1 percent in the third quarter, according to the Commerce Department's second estimate, but truck tonnage remains relatively flat amid weak industrial and manufacturing output.
A first in nation pest was discovered Nov. 12 inside a container of ceramic tile from Italy at the Baltimore Seaport.
The global supply chain services and solutions provider introduced two new multimodal hubs located in Kuala Lumpur, Malaysia and Ho Chi Minh City, Vietnam.
The online e-commerce giant plans to deploy different unmanned aircraft systems for its planned 30-minute UAS delivery service depending on the environment.