CaroTrans International, Inc., a global non-vessel operating common carrier and ocean freight consolidator, has entered into a partnership with LEO Global Logistics Group in Thailand.
Kerry Logistics Network Ltd., a logistics services provider operating in Asia, has completed its acquisition of a majority stake in Apex Maritime, a non-vessel operating common carrier based in South San Francisco, Calif.
Ocean freight rates for cargo moving under contracts on the major East-West trade routes fell by another 18 percent between February and May, according to Drewry's Benchmarking Club, a closed user group of multinational retailers and manufacturers who closely monitor their contract freight rates.
Still confused about what shippers must do to comply with that new regulation on the weighing of loaded containers at ports? You've got plenty of company.
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