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Members of the Transpacific Stabilization Agreement are recommending two $600 general rate increases and a $400 peak season surcharge.
Container derivatives broker at Freight Investor Services in London cites reports that Maersk is cutting rates to Europe.
Chicago-based SEKO has expanded in recent years into a full-service logistics provider with transportation, warehousing, supply chain, home delivery and e-commerce capabilities.
White House now believes it has the leverage it needs to seal the massive 12-nation Trans-Pacific Partnership trade deal.
The Port of Los Angeles will begin construction this summer on a two-year project to upgrade and expand berths and backlands at the Yusen Terminals LLC container terminal.
The International Chamber of Shipping complained protectionist policies could limit access to U.S. oil and gas exports.