CMA CGM adds Halifax to India-USEC ‘Indamex’ service
The Port of Halifax has been without a direct call from the Indian subcontinent since a rival service from Mediterranean Shipping Co. ended in June.
The Port of Halifax has been without a direct call from the Indian subcontinent since a rival service from Mediterranean Shipping Co. ended in June.
Experts say the number of blanks and reduction in available capacity on the trans-Pacific and Asia-Europe trade lanes are likely to increase as the week-long holiday draws closer.
Authorities in Pakistan have imposed fuel supply restrictions akin to pandemic-era enforcement measures, while Bangladesh’s economic mainstay — the textile and garment sector — has seen factories shut or curtail production lines.
The investigation comes at a time of heightened vigilance over U.S. port facilities and maritime security.
Formerly SVP of cocoa enterprise, Zakaria Dahkoun took over the role in August as the company sees better supply security for the key ingredient.
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Four major factors would need to align for the container shipping industry to truly blunt the overcapacity anticipated to worsen over the next two years, writes analyst Lars Jensen.
The demand surcharges, which also include higher fees for China-to-U.S. volume, will take effect as parcel shippers gear up for peak season.