FASA

The index’s slight increase reflected how the rate boost on the Shanghai to Northwest Europe and Mediterranean trades was partially offset by modest declines on the Shanghai to U.S. trades.

The Danish ocean carrier’s plan to acquire Hamburg Süd in 2017 caps a landmark year for consolidation in the container shipping industry, noted Mario Cordero, the chairman of the Federal Maritime Commission.

Transportation and logistics companies added 8,900 positions last month, following a revised 12,200-job increase in October, according to recent preliminary data from the U.S. Department of Labor.

U.S. Rep. Bill Shuster, R.-Pa. has been selected to continue serving as the Transportation and Infrastructure Committee Chairman.

FMC Commissioner Doyle says provisions in new vessel sharing agreement could protect other members in the event of a Hanjin-like bankruptcy.

The cargo airline attributed the new record to growth in perishables traffic from Africa, U.S. inbound and outbound traffic, and volumes from Europe to the Asia Pacific.

The marine terminal operator said that effective Dec. 6, truckers will be required to make appointments to pick up container imports in order to reduce wait times by more evenly distributing truck arrivals throughout the day.

The United Kingdom shipping agent and logistics provider signed an agreement with the southeast UK port for the operation of purpose-built, 120,000-square-foot steel handling facility, construction of which has already begun.

The National Transportation Safety Board on Dec. 13 will open the docket for its investigation into the sinking of the TOTE Maritime cargo ship last October to the public, including a detailed transcript of audio from the vessel’s voyage data recorder.

The new container service will operate with five vessels averaging 4,200 TEUs and will connect ports in China, Korea and Southeast Asia with Chennai in East India, according to statements from the carriers.