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Longshore pension fund targets Hanjin parent for M owed NEWARK — A pension fund for longshoremen at the Port of New York and New Jersey wants permission from a federal bankruptcy court to probe Hanjin Shipping’s ties… Longshore pension fund targets Hanjin parent for M owed Journal of Commerce

Zim expands Indian inland reach Zim Integrated Shipping Services is positioning itself in India for greater access to the market and to capitalize on project cargo as the country makes large investments in infrastructure to stimulate economic growth. The Israeli container said… Zim expands Indian inland reach Journal of Commerce

Paths to slash LA-LB drayage costs emerge as transloads rise To cut down on the costly and polluting drayage of containers and relieve marine terminal congestion in the largest US port complex, retailers and importers can either move their growing import… Paths to slash LA-LB drayage costs emerge as transloads rise Journal of Commerce

Asia-Europe spot rates steady as Chinese New Year begins There was little change in the Shanghai-Europe and Mediterranean spot market this week as factories closed and the long Chinese New Year holidays got under… Asia-Europe spot rates steady as Chinese New Year begins Journal of Commerce

Trans-Pac carriers reaped far less from 2016 spot rates Containers on the Shanghai-US East Coast spot market earned container lines an average of $1,051 less per transported 40-foot-equivalent unit in 2016 compared wth the previous year, according to… Trans-Pac carriers reaped far less from 2016 spot rates Journal of Commerce

Trans-Pac spot rates to signal state of carrier discipline The spot rate is a psychological element for carriers and shippers engaged in the early stages of trans-Pacific service contract negotiations. It can serve as a base for negotiations, and rates… Trans-Pac spot rates to signal state of carrier discipline Journal of Commerce

Eimskip acquisition spree continues Eimskip’s acquisition spree continued this week with the purchase of a Belgian refrigerated freight forwarder for 16.6 million euros ($17.8 million) that expands the company’s reefer capabilities in Africa and South America. The acquisition of Mareco, which handles 32,000 twenty-foot-equivalent units annually, is… Eimskip acquisition spree continues Journal of Commerce

US-Mexico currency gap to spur LTL shipping ATLANTA — The strong US dollar and higher fuel prices will mean more less-than-truckload shipping in Mexico and across the US-Mexican border, an executive at trucking industry association and technology provider SMC3… US-Mexico currency gap to spur LTL shipping Journal of Commerce

NVO spot rates, risk to trans-Pac shippers vary widely Beneficial cargo owners that book through non-vessel-operating common carriers should be aware that spot rates can vary by as much as 30 percent, and those that seek the lowest rates have the highest risk that their cargo will be rolled or they will… NVO spot rates, […]

Chinese exporters turn to Russian ports Shippers moving goods from northeastern China to international markets are turning to Russian ports to capitalize on lower costs and shorter transit times compared to Chinese ports such as Dalian and Yingkou.  As a result, more than 20 contracts… Chinese exporters turn to Russian ports Journal of Commerce