The Federal Maritime Commission said Friday it concluded its review of the proposed OCEAN Alliance, allowing the new ocean carrier alliance to take effect Monday, although it is not expected to commence operations until around April 2017.
FedEx Express entered into an agreement with Korail Networks to utilize the Korea Train eXpress network to transport time-and temperature-sensitive healthcare shipments.
The Danish liner carrier has resumed service to Iran after a five-year absence and just a year and a half after the Maersk Tigris was fired upon by the Iran Revolutionary Guard Corps Navy.
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The South Korean carrier said certain providers have been charging its customers more than what it would have charged to transport cargo and has tried to intervene, taking its concern up with the Federal Maritime Commission.
The South Atlantic port handled 330,846 TEUs in August, up 5 percent from August 2015 and port officials anticipate more container business in the coming years due to GPA’s “Mid-American Arc” initiative.
Guido De Ciccio, senior vice president, Operations Western Region at Canadian Pacific, is retiring after 40 years with the Calgary-based Class I railroad, CP said in a statement.