The Chinese firm is now largest shipping company in the world and controls the fourth largest container fleet after Maersk Line, Mediterranean Shipping Co. and CMA CGM.
Industry chimes in on SOLAS container weight regulations
Ahead of Thursday’s Federal Maritime Commission hearing on verified gross mass reporting requirements for containers, the ocean shipping industry still unclear on so many details of how the rule will be enforced.
Report: New ocean carrier “mega-alliance” planned
CMA CGM plans to bring the merged COSCO-CSCL into a new vessel sharing alliance on the major east-west trades that would rival the 2M Alliance of Maersk Line and Mediterranean Shipping Co., according to a report from industry analyst Alphaliner.
CargoSmart: Vessel arrival delays growing at major North American ports
The analysis focused on the ports of Los Angeles, Long Beach, New York-New Jersey and Savannah to gather information on vessel arrival delays, berth times and the size and number of vessels calling each of these ports.
Port of Virginia’s volumes inch up in January
The port handled 192,844 TEUs for the month, a 0.4 percent increase from January 2015, with truck volumes and ship calls up 1.2 percent and 1.8 percent year-over-year, respectively.
Scheduled U.S. cargo flights to Cuba on horizon
The United States and Cuba entered an agreement on Tuesday to reestablish scheduled air cargo and passenger services between the two countries.
FWI: U.S. cargo thefts decline in volume, value in 2015
A total of 754 cargo thefts were reported in the United States during 2015, with an average loss value per incident of $184,101, year-over-year declines of 6 percent and 21 percent, respectively.
SHIFT Freight expands service network
The less-than-truckload carrier expanded operations into additional states and added a liftgate service for pickups and deliveries.
Corning partners with K + N
The third-party logistics provider will handle the logistics for Corning Incorporated’s customers out of a new distribution center in Yangshan, Shanghai.
CP to seek declaratory order from Surface Transportation Board
Calgary-based Canadian Pacific railway last week launched a new website compiling details of and arguments for its proposed acquisition of number four U.S. railroad Norfolk Southern Corp.