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A fire broke out in a container onboard the United Arab Shipping Co. vessel Alula in the early hours of Friday morning as it arrived at Waltershof harbor, according to a statement from the city of Hamburg, Germany.
The 2M Alliance carriers will join the members of the CKYHE Alliance in offering service through the intermodal gateway in Northern British Columbia.
President Obama on Wednesday announced his intent to nominate T.F. Scott Darling III to administrator of the Transportation Department’s Federal Motor Carrier Safety Administration.
Saverco NV, a controlling shareholder of Antwerp-based cargo ship and aircraft lessor CMB, will seek to purchase all outstanding shares of CMB.
Rates from Shanghai to Northwest Europe and the Mediterranean have increased dramatically in the past two weeks, but rates from Shanghai to the United States have fallen three weeks in a row.
Weak trade has limited growth opportunities for airfreight carriers, but trade is expected to improve in the second half of the year, according to the International Air Transport Association.