FASA

Japanese ocean carrier MOL received immunity for revealing the cartel, while the fines for CSAV, “K” Line, NYK and WWL-EUKOR were reduced for their cooperation with the investigation.

The Virginia House of Delegates Committee on Appropriations and Senate Finance Committee recently released their respective two-year state budget proposals, both of which contain funding for the widening and deepening of the Port of Norfolk Harbor Chan…

BIMCO, a Copenhagen-based international shipping organization, said 2018 could be the year in which container shipping growth and demand growth come out equal.

Among the actions called for by the brokers and forwarders group is for U.S. Customs and Border Protection to program the Automated Commercial Environment to allow for goods releases at the border.

The Honolulu-based ocean carrier posted a net income of $232 million for the full year in 2017, an increase of more than 185 percent compared with the previous year, according to Matson’s most recent financial statements.

Sparx Logistics in April will start an ocean and rail service to connect Asia with Houston using the Port of Lazaro Cardenas.

The German third-party logistics provider will expand into non-traditional services for the automotive sector, including the 3D printing of replacement parts and other “additive production” support.

Schiphol Cargo, the cargo operation of Amsterdam Airport, will be merged with the Aviation and Marketing Department, effective April 1.

South Korea claimed the United States is in violation of four World Trade Organization related agreements through its use of “facts available.”