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Last week, the world’s largest EV maker completed a long-delayed project to expand capacity at Gigafactory Shanghai, where it builds Model Y SUVs and Model 3 sedans for customers in Asia and Europe. The work incidents generally haven’t delayed cargo movement, but officials say they worry that confrontations over work disputes could escalate.
Capacity finds those opportunities, and throughout 2016, spot markets have restored 'normalcy' without generating the ripple effects that typically drive contract rates higher. If capacity isn’t nourished, it can disappear. The ocean freight industry suddenly lost one of the top ten players when Hanjin Shipping Co.
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Federal Maritime Commission in accordance with the Shipping Act and the regulations of the Commission set forth in 46 CFR Part 500. SUBSTITUTED SERVICE (ALTERNATE PORT SERVICE) This provision shall govern the transfer of cargo by trucking or other means of transportation at the expense of the Carrier.
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