Ocean carrier MSC will end its IPAK to join the EPIC 1 with CMA CGM and UASC as a vessel operator, while Hapag-Lloyd and Hamburg Sud’s ELIP service will morph into the EPIC 2, which will then be operated by CMA CGM, Hapag-Lloyd and Hamburg Sud.
Special Coverage: Panama Canal’s transit to the future
The expanded locks are expected to reshape U.S. East Coast port operations.
Maersk, MSC to reroute Asia-U.S. East Coast service through Panama Canal
The 2M Alliance carriers’ TP12/Empire will become an eastbound around-the-world service in September, instead of using the Suez Canal in both directions.
Intermodal rates fall for 18th consecutive month in June
Pricing dropped another 1.5 percent for the month compared with June 2015, according to the latest Cass Intermodal Price Index, and analysts with Avondale Partners expect this trend to continue through the rest of the year.
Port of Charleston’s FY2016 container volumes tick up
The South Carolina Ports Authority’s terminals handled 1.9 million TEUs of containerized cargo during its 2016 fiscal year, which ended June 30, a 1.4 percent year-over-year increase.
Negative truckload rate growth continues in June
Truckload pricing dipped another 1.8 percent in June 2016 compared to the same 2015 period, the fourth consecutive month of year-over-year declines, according to the latest Cass Truckload Linehaul Index.
DOT expects U.S. flights to Japan’s Haneda Airport this fall
The U.S. Department of Transportation has picked four airlines that are expected to provide new daytime flights to Tokyo, Japan’s Haneda Airport as early as this fall.
U.S. moves closer to antidumping duties for Chinese washers
The Commerce Department on Wednesday has preliminary determined that antidumping duties should be assessed on imports of large residential washing machines from China.
Dunavant establishes logistics leasing entity
The Memphis, Tenn.-based logistics company formed a new division, Dunavant Logistics Leasing Group, providing equipment throughout the Continental United States, Alaska, Hawaii and the Caribbean.
NEWS FLASH: Port of Philadelphia gains new CEO
The Philadelphia Regional Port Authority’s board of directors has named Jeff Theobald as its new chief executive officer, replacing James T. McDermott, Jr.