Wednesday, October 22, 2014 Top StoryCKYHE alliance to enter U.S. marketThe CKYHE Alliance — comprised of China Ocean Shipping, Kawasaki Kisen Kaisha ("K" Line), Yang Ming Marine Transport, Evergreen Marine Corp, Hanjin Shipping and Evergreen Marine Corp — announced this week it would extend its arrangement to U.S. trade in the first quarter of 2015. "In US trade, CKYHE will follow the same pattern of cooperation that the alliance members have successfully used in trade between Asia and Europe, as well as the Mediterranean, during the past year," the alliance said in a statement. The expanded cooperation will allow carriers greater operational flexibility, permitting them to offer broader port coverage, increased frequency of sailings and stable transit times. After receiving regulatory approval, the container carriers will come up with a target implementation date in the spring of next year. For more of the Taipei Times story: taipeitimes.com More Newswire stories China Shipping and Alibaba create global shipping logistics platform Port of Tacoma cargo volume up 20 percent Israel Corp to spin off Zim container line to Kenon Holdings Cargo ship crew stranded and low on food
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