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Non-MSP carriers worry they could lose more business under a new deal that would allow more local sourcing of food aid.
The Pacific Maritime Association voted to approve the deal in advance of the International Longshore and Warehouse Union member ratification vote Friday.
Container derivatives broker at Freight Investor Services in London cites reports that Maersk is cutting rates to Europe.
The logistics roll-up company will raise the funds in both equity and the sale of senior notes to finance current and future acquisitions.
Move opens the door for full establishment of diplomatic relations and business opportunities between the United States and Cuba.
Ocean carrier United Arab Shipping Co. will enter the transatlantic trade via partnership agreements with fellow Ocean3 member CMA CGM and Hamburg Sud.