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The ocean carrier’s new China East Coast Express 2 will connect ports in China and Southeast Asia with the United States East Coast via the Suez Canal.
Investment bank's transportation and logistics group found the six publicly traded forwarders split among those focused on margin and those struggling with IT and cultural issues.
“Every participant in the supply chain will have a role to play” in solving congestion issues, according to a new report from carrier group World Shipping Council.
The logistics roll-up company will raise the funds in both equity and the sale of senior notes to finance current and future acquisitions.
Move opens the door for full establishment of diplomatic relations and business opportunities between the United States and Cuba.
Ocean carrier United Arab Shipping Co. will enter the transatlantic trade via partnership agreements with fellow Ocean3 member CMA CGM and Hamburg Sud.