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Trade data provider found volumes at East Coast ports rose 15 percent overall in the first half of 2015, benefiting from diversions by carriers from West Coast ports due to congestion issues early in the year.
Spot rates as measured by the Shanghai Containerized Freight Index fell 10.7 percent after spiking upward last week.
The Port of Oakland attributed the decline in volumes primarily to reduced exports, as import volumes grew for the fourth consecutive month.
Neptune Orient Lines, parent of ocean carrier APL, is "totally focused" on returning the liner business to profitability, NOL CEO Ng Yat Chung said during a call with securities analysts.
Descartes will link trade compliance data and documentation from its Global Logistics Network to SAP's transportation management application for better shipment visibility for SAP's TM customers.
The U.S. Department of Commerce’s Bureau of Economic Analysis also revised a previous prediction of a 0.2 percent decrease in first quarter gross domestic product to a 0.6 percent increase.