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The Shanghai Shipping Exchange shows spot rates to Europe at low of $399 per TEU.
The two agreements announced Friday will allow U.S. producers to export slaughter cattle to Mexico and expand pork shipments to Peru.
Fees are having "negative impact" on the fair, efficient and reliable movement of ocean cargo, according to a new report from the Federal Maritime Commission.
U.S. Naval Forces Central Command has begun accompanying U.S.-flagged maritime traffic in the Strait of Hormuz.
Shanghai Index shows rates have increased to the West Coast, but are still below the TSA recommendation.
Acquiring the Norwegian bulk liquid transport and logistics service provider will allow HOYER to expand its petroleum solutions business in Northern Europe.