FASA

The planned Nov. 2 rate hike will be FedEx’s second in nine months, according to multiple media reports.

The European port received three ship-to-shore gantry cranes built by Shanghai Zhenhua Heavy Industry Co., Ltd., which will be operated at Berths 8 and 9.

The parcel and logistics giant will offer direct access to its global service network, customs brokerage and management services to customers in the Jiangsu, Shandong, Zhejiang, Guangdong provinces, and the Chongqing Municipality.

The third-party logistics provider adjusted its United States less-than-container-load export system, cutting up to 14 days from the total transit times offered by other operators, according to a statement from CEVA Logistics.

Absolute Worldwide Logistics has acquired Shipmymachinery.com, an online web portal specialized in equipment over-the-road transportation.

The Turkish Steel Exporters’ Association are meeting with federal government officials and industry experts in Washington this week with plan to improve U.S.-Turkish steel trade relations.

The Israeli carrier will add a westbound Ashdod call and remove a westbound Port Kelang call on its joint EMX loop with OOCL, and will add Xingang and Qingdao calls to its AME loop.

The U.S. Government Accountability Office said in a report issued Friday CPFA requirements have increased the overall cost of shipping food aid by an average of 23 percent from April 2011 through fiscal year 2014.

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

Cargo 2000 appoints new executive director, while CHAMP Cargosystems names CFO.