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Third party logistics provider Kane Is Able says Volvo breached its warranties and the 3PL is entitled to compensation for the truck that caught fire and six remaining CNG vehicles.
The vessel Mineral Faith caused delays and tailbacks for at least ten southbound vessels after grounding Tuesday, according to a customer advisory note from Inchcape Shipping Services.
The German ocean carrier advanced its timetable on plans to launch a stock market flotation as a result of positive second quarter financial results.
An informal poll of private carriers by Stifel's transportation group found that carriers have been able to push through contract price increases in the 4 to 8 percent range despite lower than expected demand.
CMA CGM, UASC and CSCL, members of the Ocean3 Alliance, have added vessels and increased total rotation time on its Asia-North Europe AEX7/AEC8 and Asia-Mediterranean MEX loops, according to BlueWater Reporting.
A new whitepaper by American Shipper, in collaboration with the Virginia Maritime Association, tackles some of the thorny problems behind cargo delays at key U.S. ports.