American Shipper is gathering feedback from shippers, carriers, and others to better understand perspectives on how well the Federal Maritime Commission is doing as chief U.S. regulator of the shipping industry.
Ocean carriers Maersk Line, MSC, CMA CGM and Hapag-Lloyd announced new freight rates.
The Salt Lake City, Utah-based automobile motor manufacturer plans to have its Nikola One truck, a zero-emissions electric drivetrain powered by high-density lithium batteries, in production by 2020, the company said in a statement.
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The joint container venture between Japan’s ‘Big 3’ will have a fleet capacity of 1.38 million TEUs, making it the sixth largest in the world, and when their 23 new ships are delivered, the merged operation will become the fifth largest carrier.
Danish ocean carrier Maersk Line said the acquisition of Hamburg Süd would boost its share of the world container fleet from 15.7 percent to 18.6 percent, and increase its capacity from 3.14 million TEUs to 3.76 million TEUs.
The new container service will operate with five vessels averaging 4,200 TEUs and will connect ports in China, Korea and Southeast Asia with Chennai in East India, according to statements from the carriers.