The U.S. Federal Maritime Commission has received eight ocean transportation intermediary license applications and changes for review.

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

Meanwhile, the European Commission Competition Directorate has set a “provisional deadline” for a decision on CMA CGM’s purchase of APL parent Neptune Orient Lines for this Friday, April 29.

The Shanghai Shipping Exchange’s Shanghai Containerized Freight Index fell from a reading of 472.07 last week to a reading of 457.70.

The agreement between Rickmers and Bahri includes port calls on the U.S. East and Gulf coasts, as well as ports in Saudi Arabia, Egypt, Jordan, Kuwait, the United Arab Emirates, Iraq and Yemen.

The Swiss-based third-party logistics provider broke ground on a multi-purpose logistics center in Contern, Luxembourg.

The Federal Railroad Administration released data illustrating how there are 15 crossings across the United States where at least 10 incidents occurred over the last decade.

With only 10 weeks to go until the container weight verification rule goes into effect globally, surveys show shippers and LSPs are still mostly unprepared to comply.

The ocean carrier posted revenues of $6.1 billion for 2015, a 16.8 percent increase compared to 2014.