Rolf Habben Jansen said current rates are “not sustainable” given higher overall operating costs and the potential that excess ship capacity will be absorbed due to Panama Canal diversions and greenhouse gas rules.
While the domestic intermodal market may have been in turmoil for the last several years, all stakeholders look ready to support continued growth, writes Ted Prince.
Suspending the auction of its remaining leased properties may give defunct LTL provider Yellow time to work out difficulties with landlords over the leases of potentially valuable properties.
While the preferred approach by carriers is to calculate exposure to the ETS and recover costs per container in a separate surcharge, that will not be possible for Chinese exports to Europe under Shanghai Shipping Exchange regulations.
OFAC has updated its SDN List. Please visit the URL below to view this action