The system will help increase the number of New Panamax ships that can pass through the Panama Canal from an average of five a day at present.
The two partners will coordinate their resources to provide cold chain logistics solutions.
Despite President Donald Trump’s aversion to multilateral agreements, TFA holds big benefits for US companies.
The TFA contains sweeping provisions for expediting the movement of goods, and for publishing up-to-date data about rules and regulations critical for speeding up trade facilitation.
The first quarter for Hong Kong-based Cathay Pacific is looking good, at least from a cargo perspective, following strong air freight growth in January and February.
A "technical error" could cut $112 million from federal funding for truck safety enforcement programs, raising the risk of high-cost accidents.
Spot rates each week have declined in single-digit increments since peaking in mid January.
“Working together in a cartel ... does not fly with the Commission.”
SM Line is entering an already crowded market.
Nagoya is Japan’s third-largest container port for foreign trade and Yokkaichi is ninth.