The partnership between third-party logistics provider Kuehne + Nagel and the international airline will include air-side locations and airplane parts transport through 2020.
THE Alliance details new service network
In an industry first, the vessel sharing agreement between Hapag-Lloyd, Yang Ming, NYK, MOL and “K” Line, also established an independent trustee to manage funds to be used in the event one of the carriers within the group becomes insolvent.
Senate to hold hearing on Lighthizer USTR nomination
Robert Lighthizer will testify before the Senate Finance Committee next week regarding his nomination to become the latest U.S. Trade Representative.
Port of Long Beach’s box volumes sink in February
The port attributed the 11.2 percent year-over-year decline in February’s container volumes to reduced economic activity in Asia associated with the Lunar New Year.
Judge grants Maher Terminals, GPA approval to sell Hanjin containers
Georgia Ports Authority and Maher Terminals, which operates the largest terminal at the Port of New York and New Jersey, have been granted approval to foreclose on Hanjin’s shipping containers and sell them.
FMC approves changes in service contract, NSA regulations
Federal Maritime Commission Acting Chairman Michael Khouri said the change will eliminate requirements that were obstacles to efficiency and added unnecessary costs.
Introducing TradeTracker – A new tool to track Washington’s stance on trade
TradeTracker is a new web app from the Adam Smith Project that allows trade professionals to quickly sort through government actions affecting their business.
Port of Baltimore sets record in January
The mid-Atlantic port saw general cargo volumes increase 14 percent year-over-year in January, while container tons surged 20 percent since January 2016.
Ports of Stockholm inks deal with Hutchison Ports
Stockholm Norvik Port will be operated by Hutchison Ports after its opening in 2020.
Norway to construct world’s first ship tunnel
Stretching between Bergen and Aalesund, the tunnel will provide safe passage for freight and tourist ships.