Carriers invoke Force Majeure as ships begin to pile up off East and Gulf coasts
NewsContainer shipping companies, including CMA CGM, Ocean Network Express (ONE), and COSCO, are invoking force majeure due to the impacts of ongoing ILA strike.
UK-based Trans-Rak International has signed a 10-year agreement with China International Marine Containers (CIMC) that will see Trans-Rak-equipped containers for car carriage produced on a newly-built production line, with an initial capacity of 10,000 units per year.
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