Ocean carriers Maersk Line, CMA CGM, Hapag-Lloyd and MOL issued general rate increases on various trades.
Executive Moves: Deutsche Lufthansa and Virgin Atlantic Cargo
Deutsche Lufthansa appoints new CFO, while Virgin Atlantic Cargo names products and partnerships manager.
Honeywell acquires Intelligrated
The industrial conglomerate acquired Intelligrated, which will become part of its Sensing and Productivity Solutions business.
AirBridgeCargo launches flights to Phnom Penh
The Russian cargo airline commenced a weekly service to Phnom Penh, Cambodia from Moscow via Singapore.
Special Coverage: Pasha’s L.A. terminal goes green
The San Rafael, Calif.-based global logistics and transportation services provider is transforming its multi-use terminal at the Port of Los Angeles into a laboratory for clean energy technologies.
Former Maryland congresswoman says health has improved
Helen Delich Bentley, who represented Maryland’s 2nd District in the U.S. House of Representatives from 1985-1995 and served on the Federal Maritime Commission from 1969-1975, reported her health has improved.
Drewry: Container carrier service reliability reaches six-month high
The London-based shipping consultant reported that OOCL of Japan was the most reliable container shipping carrier in May, with an on-time performance score of 81.1 percent.
VGM poll: Shippers worried on Day 1
An American Shipper poll of shippers and forwarders revealed that nearly 90 percent believe at least some cargo will be delayed by the verified gross mass rule that went into effect globally today.
U.S.-Mexico council to focus on energy trade
The U.S. Commerce and Energy departments have started an industry advisory group, along with their counterparts in Mexico, to make recommendations to strengthen cross-border trade and investment in the energy sector.
Global Shippers’ Forum complains of ‘unjustified VGM charges’
Meanwhile, the Agriculture Transportation Coalition is asking the Federal Maritime Commission to step forward and discourage carriers and terminals from imposing fees for verified gross mass compliance in the United States.