CaroTrans, a non-vessel operating common carrier and ocean freight consolidator, is expanding its partnership with Craft Multimodal in the East Coast of South America (ECSA) trade.
CMA CGM has launched a direct service between Asia and the Red Sea. Dubbed REX 2, it replaces the REX 1 service, which had been operated under a vessel-sharing agreement (VSA) with APL until its cessation at the end of June.
DHL has inaugurated a direct flight from the U.S. to Australia. According to the company, the new, twice-weekly route improves transit times into the major Australian metropolitan areas of Sydney, Melbourne and Brisbane by at least one day. Shipments picked up on Friday in the U.S. will be delivered by Monday in all of Australia's major cities.
Low U.S. interest rates, positive economic indicators and an increasing demand for prime, well-located logistics property are some of the elements bringing focus to U.S. industrial assets such as warehouses and distribution centers, according to Tim O'Rourke, executive vice president at Jones Lang LaSalle.
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