The move seeks to solve a core problem that underpins the industry’s slow pace in digitalizing processes.
With the help of Microsoft, Maersk Line plans to roll out customer software applications in the third quarter that will help beneficial cargo owners track containers and manage cargo.
Trading in Yang Ming stock on the Taiwan Stock Exchange was suspended last week.
Work is already under way to develop the scope of the Baltic’s freight market information services.
Carriers control the physical transport of containers, so any supply chain solution needs to have their support.
Although the alliance changes that reshuffled carrier alliances from four to three took effect April 1, the impact is only slowly emerging on routes across the globe.
Under the agreement, the French carrier’s subsidiary CMA Terminals will operate the facility for 15 years.
Installation of the new Tideworks Technology system at San Juan follows the rollout of the system last September at Crowley’s Port Everglades, Florida terminal.
There are signs potential negative effects of the new alliances on transshipment and tariffs may be overstated, according to the CEO of HPH Trust.
Yang Ming has managed to beat the market on the trans-Pacific eastbound in the first quarter as the carrier tries to restore shipper confidence following its recent share trading suspension.