Ocean carriers CMA CGM, Hapag-Lloyd, MOL, OOCL and Hamburg Sud issued general rate increases on several trade routes.
FCA announces fines for 18 additional parcel carriers
The French Competition Authority has ordered a total of 20 companies to pay nearly $740 million in fines for alleged anti-competitive behavior in the French parcel delivery sector.
Charleston harbor deepening officially enters pre-construction phase
The U.S. Army Corps of Engineers has agreed to conduct the design and engineering phase of the project, and the $1.1 trillion omnibus bill passed by Congress on Friday includes funding to dredge the harbor to 52 feet.
U.S.-Mexico agreement to remove air transport restrictions
The bilateral agreement on passenger and cargo aviation, which took two years to negotiate, is designed to increase opportunities for carriers by opening new routes between the neighboring countries.
Customs brokers, freight forwarders oppose Port of Long Beach proposal to reduce container free time
Changes to free time policies “must be carefully considered” and should not come until after a planned overhaul of appointment systems, the Los Angeles Customs Brokers & Freight Forwarders Association said in a letter last week to the Port of Long Beach.
Hanjin terminates Asia-Oceania loop, joins existing service
Ocean carrier Hanjin will terminate its CKA loop between Asia and Oceania and will join a loop connecting Japan, Korea and China with Australia in February.
Truckload rates see modest growth in November
Truckload pricing grew 1.6 percent for the month compared to November 2014, the ninth consecutive monthly increase, according the latest Cass Truckload Linehaul Index.
Intermodal rates continue 10-month decline
Rates dropped another 2.4 percent in November compared to last year, the tenth consecutive month prices have fallen, according to the latest Cass Intermodal Price Index.
Global Alliance for Trade Facilitation launched
A business-led coalition has started the Global Alliance for Trade Facilitation to help developing countries meet their obligations under the World Trade Organization’s Trade Facilitation Agreement.
Executive Moves: South Carolina Ports Authority, Port of Manatee, Port of Tacoma and IACSC
South Carolina Ports Authority names carrier and shipper veteran to VP of HR, while the ports of Manatee and Tacoma and the IACSC install board leaders.