Tag: Container Carriers

Federal Maritime Commission Approves Shipping Alliance

Federal Maritime Commission Approves Shipping Alliance

              Following a tumultuous year marked by lagging shipping volumes, industry consolidation and the bankruptcy declaration of Hanjin Shipping, U.S. federal regulators have approved an alliance between four of the world’s largest container carriers. The four carriers in question are CMA CGM of France, China’s Cosco Group, the Orient… Read more »