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Parcel giant will begin offering express delivery, contract logistics and freight forwarding services in the Southeast Asian nation.
Daewoo Shipbuilding will build more mega-ships for the Danish ocean carrier, according to recent media reports.
U.S. rates dropped, but transpacific carriers plan significant rate increases in June and July.
French ocean carrier will commence transatlantic operations on a new joint pendulum service with Hamburg Sud and UASC this month.
Container volumes at the Port of Baltimore decreased 8.8 percent compared to April 2014, according to the latest figures from the Maryland Port Administration.
A fire broke out on the Marshall Islands-flagged Purple Beach, causing the crew to evacuate due to toxic gas and fears of explosion.