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New Balance executive says region’s importance in global sourcing won’t diminish.
Container derivatives broker at Freight Investor Services in London cites reports that Maersk is cutting rates to Europe.
French ocean carrier will develop and operate a logistics platform in the port of Mariel with the Cuban logistics company AUSA.
Pasha Group acquired Horizon Line's Hawaii trade lane operations, while Matson took over the ocean carrier’s Alaska business.
The benefits of upsizing are beginning to plateau and require more infrastructure investment, according to a new report by the OECD's International Transport Forum.
Rates on routes from Shanghai to the United States, on the other hand, rebounded from last week, according to estimates from the Shanghai Shipping Exchange.