CMA CGM seeks Suez return for India-USEC lane amid renewed Middle East tensions
The service had switched over to the Suez route in January before halting in early March when the Middle East war broke out.
The service had switched over to the Suez route in January before halting in early March when the Middle East war broke out.
Strong demand was offset by a sharp drop in transshipment volume as constraints in container handling infrastructure was exposed in the port’s performance.
The new ships are set to carry offshore wind components and Chinese-manufactured industrial cargoes including Battery Energy Storage Systems.
More than 180 warehouse employees will be impacted by the closure set for Nov. 15, however, production operations will continue.
The funding will result in four additional advanced semiconductor manufacturing facilities, bringing the company’s total in the U.S. to 12, the National Institute of Standards and Technology said.
Research by a technology vendor to global forwarders found that CargoWise’s major pricing model change last fall hasn’t yet resulted in major cost increases.
Asia-East Coast spot rates remain elevated with capacity limitations on the trade lane and a second round of restrictions on Panama Canal transits.
Asia-East Coast spot rates remain elevated with capacity limitations on the trade lane and a second round of restrictions on Panama Canal transits.
The partnership adds to various last-mile upgrades the retailer has deployed in recent months.
The prices of bunker fuel in Singapore have shot up in the two weeks since the US air strikes on Iran intensified, and ocean carriers aim to pass on the costs.