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MSC container ship
China’s rejection of the P3 alliance dealt a blow to the idea of a mega-alliance, but the aftermath has paved the way for a variety of smaller vessel-sharing agreements to enter the market.

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Ocean carrier rate revision roundup for July 18
Multiple carriers have announced general rate increases on several trade routes to take effect in August.
Spot rates from Shanghai to Northern Europe sank 5.5 percent to $1,230 per TEU this week.
Instability in the spot rate market continued this week, as spot rates from Shanghai to northern Europe, the Mediterranean and both coasts of the United States sank yet again...
The spot rate from New York to Rotterdam sat at $1,307 this week, down 19.7 percent year-over-year.
Spot rates from Shanghai to Rotterdam, the Netherlands, eroded this week, losing 35 percent of the gains it garnered in the last two weeks.
Matson in Hawaii
Matson's expedited service allows it to stand out from most larger carriers in the eastbound trans-Pacific and is shoring up profits for the Jones Act line.
Port Everglades' new intermodal transfer facility.
Port Everglades’ new intermodal transfer facility is up and running, and officials are hoping it will keep the Florida port competitive with other destinations in the Southeast.
Drewry’s benchmark spot rate from Hong Kong to Los Angeles rose to $1,900 per 40-foot container this week.
Attempts by the trans-Pacific carriers to institute a two-tiered July general rate increase fell just short of realization...
Logistical changes that focus on making high-density lanes for core trucking customers could be at the center of the trucking industry’s attempts to quell imbalance and driver shortages.
Chiquita
A new five-year deal will keep Chiquita in Delaware until 2019.
The price per metric ton for high-sulfur bunker fuel fell 4.2 percent this week, while low-sulfur spot prices per metric ton increased 1.3 percent.
Spot prices for high- and low-sulfur bunker fuel have declined steeply for the past several weeks on the heels of political unrest in the Middle East.
Growth in the United States 3PL market will outpace last year’s 3.2 percent expansion, according to consulting firm Armstrong & Associates’ new predictions.