The G-20 trade ministers have reached an agreement towards developing packages to improve cross-border trade of environmental goods and reduce global excess in manufacturing certain commodities such as steel.

Ocean carriers Maersk Line, CMA CGM, Hapag-Lloyd and MOL announced general rate increases.

The ocean carrier’s vessels operating out of the Port of New Orleans will stop at more Latin American destinations.

The Dayton, Ohio-based less-than-truckload carrier now has 49 service centers throughout the United States Midwest region.

The U.S. Federal Maritime Commission (FMC) has received five ocean transportation intermediary license applications and changes for review.

Britain’s largest container port, the Port of Felixstowe, and GB Railfreight commenced a daily intermodal service between Felixstowe and Rotherham in the South Yorkshire area of central England.

Terminal operators at the Ports of Los Angeles and Long Beach announced an increase to the Traffic Mitigation Fee, which is collected on cargo moving through terminals during peak hours.

The terminal operator has joined a group of Nova Scotia business leaders and investment company Cyrus Capital Partners L.P. in plans to build 315-acre marine container terminal on the Strait of Canso.

While Xeneta said rates could continue to fall due to the Panama Canal expansion, London-based firm Drewry said it projects freight rates will rise modestly over the next 18 months.

After a weak first quarter in 2016, east-west capacity rebounded slightly in advance of the traditional summer peak season, but overcapacity, decreased volumes and low rates continued to drive carriers into the ever-changing alliance game.