Port of Corpus Christi strives for more funding as business booms
The Texas port has pushed for more funding for its channel project as the booming energy industry in the area continues to grow.
The Texas port has pushed for more funding for its channel project as the booming energy industry in the area continues to grow.
Some say the current drop off in ocean freight rates is indicative of weakening fundamentals caused by persistent overcapacity, while others argue it’s just part of typical seasonal demand swings, […]
The United States and South Korea also reached agreements on investor-state dispute settlement and trade remedy processes, in addition to changed automotive trade disciplines.
The board of the Diamond State Port Corp., which oversees the Port of Wilmington, is scheduled to consider Gulftainer’s proposal April 6, John Haroldson, director of marketing and trade development […]
The prime minister’s office billed the revamped regulations being developed as a brace against trans-shipment and other illicit foreign trade practices.
Imports of steel to the United States stood at 2.36 million net tons in February, an 18 percent decline from the previous month and a 13 percent year-over-year drop, according […]
United States gross domestic product (GDP) increased at an annual rate of 2.9 percent in the fourth quarter of 2017, according to the “third” estimate from the Department of Commerce, […]
The Global Shippers’ Alliance also expressed concerns over “de-globalization” during its general assembly in Hong Kong on Monday and Tuesday, pointing out how the percentage of gross domestic product depending […]
Fleets have reacted to concerns about the driver shortage by raising pay, improving benefit packages, and offering other enticements to recruit and retain drivers, said Bob Costello, American Trucking Associations’ […]
The State Department added Katibat al-Imam al-Bukhari and nine associated aliases to its list of Specially Designated Global Terrorists.
The cargo divisions of Delta Air Lines and partner Air France/KLM have placed their cargo operations into a single warehouse at the Seattle-Tacoma International Airport.
Thanks to its merger with UASC last May, Hapag-Lloyd has strengthened its presence on routes between Asia and North Europe, and now has the strong fleet it needs to prosper, […]
The United States’ request for World Trade Organization consultations over allegedly unfair Chinese intellectual property policies coincided with tariffs proposed last Thursday by President Trump.
The Taiwanese ocean carrier turned a profit in 2017 amid significant increases in consolidated revenues and volumes as it encountered tailwinds from a recovering shipping market.
The Dubai-based port terminal operator will establish the Democratic Republic of the Congo’s first deep-water port, with the first phase of construction starting this year and taking about 24 months […]
The port terminal operating arm of Chinese state-run conglomerate COSCO Shipping reported a net profit of $512.45 million for the full year in 2017, a 183.2 percent increase from the […]
The United States and South Korea agreed to the provision as part of their modifications of the U.S.-Korea Free Trade Agreement, which originally entered force on March 15, 2012.
The International Trade Commission (ITC) will conduct investigations under Section 337 of the Tariff Act of 1930 on whether imports of those goods violate United States intellectual property law.
Teamsters employed with the East Moline, Ill.-based less-than-truckload carrier voted to ratify a new contract that will remain in place through March 5, 2021.
The CMA CGM subsidiary will use space on an existing loop between Asia, Mexico and the West Coast of South America, effective April 6.
Steel and aluminum imports from countries with which the United States has a free trade agreement with are likely not exempt from tariffs ordered earlier this month, according to Lou […]
The United States and South Korea have agreed in principle to a set of amendments on the six-year-old deal, South Korea’s trade minister said Monday.
Pricing on routes between Shanghai and the rest of the world fell another 4.3 percent last week, continuing a steady decline that began in early February, according to the Shanghai […]
A litany of Ways and Means Republicans criticized the Trump administration’s approach to a Commerce Department-led investigation into steel and aluminum imports that found such imports could harm United States […]
Negotiators from the International Longshoremen’s Association (ILA), the labor union representing dockworkers at U.S. East and Gulf Coast ports, and the United States Maritime Alliance (USMX) spent Thursday and Friday […]
The review was characterized as a response to indications that imports have been increasing over the past two years, a trend the European Union said could be exacerbated by recently […]
Shipment volumes for the month jumped 5.9 percent from January and 11.4 percent compared with February 2017, while expenditures grew 5.2 percent sequentially and 14.3 percent year-over-year, according to the […]
The Consumer Product Safety Commission will host stakeholders in May to examine issues related to products that connect to the Internet, including newly posed ‘non-traditional’ safety matters that could fall […]
The U.S. International Trade Commission is scheduled to make its final decision on this petition for the antidumping duty investigation, filed by North American Steel & Wire/ISM Enterprises of Pennsylvania, […]
Ross Roggio of Stroudsburg, Pa., and his firm Roggio Consulting Co. were charged with conspiracy to illegally export firearm parts and tools to Iraq for manufacturing M4 rifles.
The advocacy group said it wants the Senate to complete the confirmation process for four outstanding nominees to the U.S. Export-Import Bank board as soon as possible.
The Consumer Product Safety Commission has requested comments on draft guidelines for determining the age appropriateness of toys be sent before June 11.
The ocean carrier introduced a new loop connecting Hong Kong, China and Vietnam, deploying one 1,200-TEU vessel.
The sweeping $1.3 trillion omnibus spending package signed by President Trump Friday, which contains funding for various landside and waterside projects, tripled the budget for the Transportation Investments Generating Economic […]
China appears to have suggested it would retaliate against tariffs ordered by President Trump, as well as a separate string of generally global tariffs on steel and aluminum Trump called […]
President Donald Trump signed off on tariffs covering $50 billion-$60 billion worth of products from China shortly before 1:00 p.m. Thursday.
Office of Management and Budget (OMB) Director Mick Mulvaney told reporters President Trump would sign the $1.3 trillion spending package passed by Congress on Friday, but Trump says he is […]
A high-rise condominium complex overlooking the Port of Miami that is currently being built has a very extensive construction supply chain.
The 15,262-TEU containership, which caught fire earlier this month, killing five crew members, is expected to arrive at the Middle Eastern port in a few weeks.
Multiple companies at the SCOPE Supply Chain & Procurement Summit in Chicago this week discussed disruptions in their supply chains, along with what they are doing to combat disruptions.
Ocean freight rates from Asia to the U.S. West Coast are following a similar pattern to last year, when early gains were followed by sustained declines after the Chinese New […]
The Soo Locks, which allow vessels to traverse the 21-foot drop between Lake Superior and Lake Huron, will open Sunday after being closed since Jan. 15.
U.S. tariffs imposed on steel and aluminum imports will have a limited impact on most international bulk trades, but could hinder containerized shipping, BIMCO Chief Shipping Analyst Peter Sand said.
Domestic truckload rates jumped 6.5 percent for the month compared to February 2017, following year-over-year increases of 6.5 percent and 6.2 percent, respectively, in January and December, according the latest […]
The Ocean Network Express – the joint container business of NYK, MOL and “K” Line – will use Union Pacific to handle all intermodal shipments for vessels calling U.S. West […]
Intermodal pricing increased another 5.4 percent for the month compared with the same 2017 period, the 17th consecutive monthly year-over-year increase, according to the latest Cass Intermodal Price Index.
President Donald Trump signed off on tariffs covering $50 billion-$60 billion worth of products from China shortly before 1:00 p.m. today.
U.S. Trade Representative Robert Lighthizer named several countries that could potentially be excluded from steep U.S. tariffs on steel and aluminum, and discussed progress on the North American Free Trade […]
President Donald Trump on Tuesday asked Congress to extend Trade Promotion Authority by three years to July 1, 2021.
Port terminals operated by the South Carolina Ports Authority (SCPA) handled 168,480 TEUs of containerized cargo for the month, a 4.2 percent year-over-year decline, as the authority began construction on […]
An over 2,000-page bill to keep the government funded through Sept. 30 included language to renew the U.S. Generalized System of Preferences (GSP), which lapsed Dec. 31, 2017.
The Northwest Seaport Alliance’s year-over-year increase in international container volumes in February offset a decline in domestic container traffic.
Michael Khouri, acting chairman on the U.S. Federal Maritime Commission, attended the Fourth Japan-U.S. Maritime Bilateral Meeting and met with regulators at the Japan Fair Trade Commission this week.
The new loop will link South China and Japan with Southeast Asia, utilizing four vessels averaging 4,754 TEUs.
The Israeli ocean carrier will drop a call at Halifax on its ZIM Container Service Pacific loop, but will launch a feeder service, dubbed the Canada Florida Express, which will […]
The American Trucking Associations’ (ATA) seasonally adjusted For-Hire Truck Tonnage Index slipped 2.6 percent compared with the previous month, but remained 5.7 percent higher than in February 2017.
Volkswagen Group Logistics will charter the two roll-on/roll-off vessels capable of handling 6,500 vessels each from Siem Car Carriers AS.
CSX appoints a new vice president and controller, while Volga-Dnepr hires commercial director.
A Trump administration review found that the country’s government is forcing unfair technology and intellectual property transfers from U.S. companies, which allows the White House to impose trade remedies pursuant […]
Hufbauer discussed potential implications of President Donald Trump’s Section 232 tariffs on aluminum and steel, the status of the NAFTA renegotiation, and the chances that the Trump administration could withdraw […]
The Memphis-based parcel giant reported a net income of $2.07 billion in the third quarter of its fiscal 2018 year, up a whopping 257 percent from the same period last […]
National security experts have detailed the links between groups like Hezbollah and ISIS with transnational criminal organizations.
KeepTruckin’s latest venture capital infusion has kept momentum rolling in the hotter-than-hot freight-matching technology market.
The technology firm has introduced Skylark, a cloud-based, high-precision global navigation satellite system service for autonomous vehicles.
The companies said they wanted to work with the Trump administration to tackle challenges they face in protecting designs, patents and trade dress, but that increasing tariffs on U.S. companies […]
The U.S. Justice Department said Vladimir Nevidomy is facing a maximum of 5 years in prison for conspiring to illegally export military-grade night vision and ammunition primers to Russia, with […]
Singapore-based port terminal operator PSA International increased its earnings 5.1 percent to 1.23 billion Singapore (U.S. $936.3 million) in 2017, as revenues and container volumes climbed 7.8 percent and 9.8 […]
The U.S. Commerce Department is scheduled to announce its final determinations on stainless steel flange shipments from China and India by June 5.
The annualized driver turnover rate at both large and small truckload (TL) carriers fell during the final quarter of 2017 compared with the previous three-month period, but rose when compared […]
Domestic container carriers ramped up capacity by adding vessels, containers and manpower to carry cargo for emergency relief and rebuilding efforts.
With low post-Lunar New Year volumes resulting in skipped sailings on transpacific services, some terminals at the Southern California seaports of Los Angeles and Long Beach are closing during daytime […]
Jakob Stausholm, chief finance officer, chief strategy and transformation officer, and registered director of the A.P. Moller – Maersk will resign from the company by the end of the month, […]
Ocean Network Express CEO Jeremy Nixon said the three major consortia that dominate the deep-sea container trades may undergo a period of “setting down.”
The logistics and transportation services provider snapped up Summit Northwest Corp and Freight Force and has no plans on letting up on its acquisition spree.
Lt. Gen. Todd Semonite, commanding general for the U.S. Army Corps of Engineers, told lawmakers he expects to complete five chief’s reports and recommend changes to two private sector-sponsored projects […]
A FedEx worker suffered minor injuries when a device inside a parcel exploded early Tuesday morning at a distribution center in Schertz, Texas, according to statements from local law enforcement.
A Hapag-Lloyd containership struck a Gold Star Line vessel on Monday while berthing in Karachi.
The Senate confirmed Kevin McAleenan to serve as commissioner of U.S. Customs and Border Protection by a vote of 77-19 on Monday.
Sens. John McCain, R-Ariz., and Jeanne Shaheen, D-N.H., asked U.S. Trade Representative Robert Lighthizer to back an elimination of the catfish inspection program before the World Trade Organization’s consultation stage […]
President Donald Trump has shifted Ann Begeman out of the acting chair role at the Surface Transportation Board to become chair.
The Green Bay, Wis.-based national trucking company completed its conversion to a company-owned and managed chassis fleet by buying over 15,000 intermodal container chassis over the last four years.
Trade associations from the U.S. Chamber of Commerce to the National Retail Federation and even the International Monetary Fund have joined the chorus of voices warning against the imposition of […]
The U.S. Treasury Department sanctioned five Russian entities and 19 people in an effort to punish those allegedly involved in interfering in recent U.S. elections or causing cyber attacks that […]
The interim final rule from the Bureau of Industry and Security (BIS) set forth the guidelines that entities and individuals should follow in requesting product exclusions from U.S. tariffs on […]
The acquisition of Peruvian logistics provider Cosmos Agencia Maritima (CAM) extends DP World’s reach in Latin America and continues the firm’s diversification into third-party logistics offerings.
Now by far the largest truckload carrier in the United States, Knight-Swift Transportation Holdings has made its first acquisition since its merger in fall 2017, purchasing Richmond, Va.-based Abilene Motor Express […]
Canada requested that the World Trade Organization (WTO) form a dispute panel to adjudicate its challenge over U.S. antidumping and countervailing duties on Canadian softwood lumber, a Canadian government spokesperson […]
The parcel and express carrier has begun to expand its U.S. market presence by offering a new delivery program that caters to urban e-commerce retailers and shoppers.
The port terminal operator subsidiary of conglomerate C.K. Hutchison Holdings Co. posted an annual container throughput of 84.7 million TEUs last year, 4 percent more than in 2016, and expects […]
The U.S. Department of Agriculture and its counterpart in the South Korean government have reached an agreement on how to minimize the trade impacts when future cases of highly pathogenic […]
According to the members of the 2M Alliance vessel sharing agreement, Maersk Line and MSC, a reduction in the number of port calls in its services connecting Asia with Europe […]
Olso, Norway-based feeder specialist MPC Container Ships has agreed to acquire five vessels from Simatech ranging in size from 1,201 TEUs to 1,440 TEUs and another 1,350-TEU vessel for a […]
The nearly 800 workers of Air Express International (AEI), a U.S. subsidiary of DHL Global Forwarding and Deutche Post-DHL of Bonn, Germany, have overwhelmingly approved a new national contract.
By handling of more than 87,000 Ford vehicles in 2017, the Port of Portland, Ore., maintained its top position for West Coast auto exports.
European over-the-road transportation provider Freightex has been folded into Coyote Logistics, as parent UPS expands its services across the continent.
The U.S. Federal Maritime Commission has received 22 ocean transportation intermediary license applications and changes for review.
Individuals knowing of a reason why an applicant should not receive a license should contact the Office of Transportation Intermediaries.
The U.S. Federal Maritime Commission has received 22 ocean transportation intermediary license applications and changes for review.