The G6 Alliance has received the go-ahead from the US Federal Maritime Commission (FMC) to expand its current geographic scope to allow its members: APL, Hapag Lloyd, Hyundai Merchant Marine, MOL, NYK, and OOCL, operational...
Read MoreFrom the Journal of Commerce: With overcapacity in the trans-Pacific likely at least until 2016, carriers are facing a tough time in eastbound negotiations for service contracts that renew on May 1. Carrier executives speaking...
Read MoreContainer volumes at North American West Coast ports declined in February as factories in Asia closed for the Chinese New Year celebration. Imports dropped 8 percent, exports were down 3 percent and total containerized volume...
Read MoreGerman container shipping line Hamburg Süd felt the pinch last year as overcapacity on the main east-west trades spilled over into the north-south routes where it has traditionally concentrated its efforts, denting freight...
Read MoreExcerpts from the Journal of Commerce: The “good news” for trucking fleets spells bad news for shippers seeking carriers to move their goods, as the index reflects “unprecedented” capacity constraints, FTR said. When adjusted...
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