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Daewoo Shipbuilding will build more mega-ships for the Danish ocean carrier, according to recent media reports.
Container derivatives broker at Freight Investor Services in London cites reports that Maersk is cutting rates to Europe.
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.
The International Longshore and Warehouse Union said 82 percent of its members voted in favor of ratification.
Trade Promotion Authority, a bill that grants the president authority to conclude trade deals without congressional interference, moved forward in the Senate Thursday morning.
Together with Dynamex, the two units will offer final mile delivery in more than 70 markets.