Jimmy Lyons, director and chief executive officer for the port authority, said volumes at the Pinto terminal “are skyrocketing as the ThyssenKrupp rolling mill continues to ramp production.”
The Coalition for Sugar Reform has asked the Senate Agriculture Committee to abolish antiquated aspects of the country’s sugar trade policies in the proposed 2012 Farm Bill, especially U.S. subsidies for domestic producers. The coalition said these subsidies “distort free markets through an intrusive, big government regime that dictates sales quotas to individual […]
The Coalition for U.S.-Russia Trade advocates proposed legislation for the graduation of Russia from the Jackson-Vanik amendment to the 1974 Trade Act, enabling Congress to approve permanent trade relations with Russia.
California’s Port of Stockton has added 5,825 feet of new track in a public-private partnership with Union Pacific Railroad and Metro Ports. The $1.2 million addition to the east port interchange tracks forms a loop that will allow inbound and outbound trains to operate without interfering with operations at the port’s east complex. The improvement will […]
The United States, Japan and European Union on Tuesday requested World Trade Organization consultations to settle an increasingly nasty dispute over China’s restrictions on exports of various rare earth metals, tungsten and molybdenum. These metals are used heavily in the electronics industry. China reportedly controls more than 95 percent of these metal inputs. […]
President Obama on Tuesday signed legislation that clarifies the Commerce Department’s ability to apply countervailing duties on subsidized imports from non-market economies, including China. “This administration is committed to ensuring that American companies can compete—and win—in the global marketplace, and that includes protection from unfair trade subsidies,” said Commerce Secretary John Bryson, in […]
The Secor Group, a Washington-based logistics services firm, has appointed Lisa Beranich as vice president of business development in its Government Services division. Previously, she was with the Graebel Cos. and Move Management, Inc., where she was involved with federal government clients like the State Department.
Research and Markets has added John Wiley and Sons’ Handbook of Integrated Risk Management in Global Supply Chains to its offering. The book aims to be a primary reference for research on integrated risk management, modern applications, and management best practices. “The set of the normal business risks is expanded as firms are now often facing […]
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service is seeking comments on a proposal to complete efforts to modernize the country’s import rules related to bovine spongiform encephalopathy (BSE), or “mad cow” disease.
A WTO Appellate Body rejected claims that the United States provided massive trade-distorting subsidies to Boeing and affirmed a dispute settlement panel’s March 2011 finding that most of the programs challenged by the EU were not subsidies.
Inchcape Shipping Services has announced a three-year plan to expand its logistics and supply chain business in Canada. “Economic stability in Canada, a rich resource base, a safe banking system and Ottawa’s business friendly fiscal policy makes Canada an attractive region for expansion,” said Claus Hyldager, the group chief executive officer of ISS. The Canadian operation will […]
The Alliance Norfolk, carrying autos and military equipment, was caught in a heavy storm off Malta with 70-knot winds and heavy swells when cargo on its main deck broke loose and a fire began on Saturday night, local time.
Columbia Coastal Transport is improving its coastal container-on-barge service between Norfolk, Va., and Baltimore by doubling the frequency of service to two sailings per week and adding a weekly call in Philadelphia. “We want to provide our customers with more flexibility in these ports by increasing weekly sailings and expanding service into Philadelphia,” said Bruce […]
The liner carrier Mediterranean Shipping Co. said this week it is increasing rates on European exports to the Far East, West Africa and the Caribbean. The increases are: $50 per TEU from Europe to the Far East from April 1. $75 per 20-foot container and $150 per 40-foot container from Northern Europe to […]
The liner carrier Hamburg Süd said Monday it plans to raise its U.S Gulf Coast export rates to the east coast of South America from April 15. The increases are $150 per 20-foot container and $300 per 40-foot container.
The marine terminal operator and stevedore contractor Metro Ports has appointed Troy Gouger to general manager of West Gulf operations. Gouger joined Metro Ports from Ceres Gulf, where he worked for more than a decade and served most recently as its general manager of the West Gulf. Gouger began his career with Fairway Terminal Corp. […]
Buchanan, Michigan-based XPO Logistics has initiated a public offering of 6 million shares of its common stock, subject to market and other conditions. XPO said it expects to grant the underwriters a 30-day option to purchase an additional 900,000 shares of common stock. Morgan Stanley & Co., Deutsche Bank Securities, and Jefferies & Co. are […]
A potential strike by mechanics, baggage handlers and cargo agents against Air Canada is on hold after Canada’s labor minister, Lisa Raitt, referred the labor dispute, and another one involving the pilots’ union, to the Canadian Industrial Relations Board. Last week, the International Association of Machinists and Aerospace Workers union announced plans for workers […]
COSCO Container Lines said it will seek rate increases on the trade from the Far East to the Indian Subcontinent from April 15. The increase is $400 per TEU and applies to freight moving from China, Hong Kong, Taiwan, Macao, the Philippines, Vietnam, Thailand, Malaysia, Singapore, Indonesia, Korea, Brunei, Cambodia, Myanmar and Bangladesh […]
Calls at Kaohsiung and Keelung are new, while American Shipper affiliate ComPair Data notes that a week on the 35-day rotation will be spent shuttling boxes between Singapore and the Malaysia ports of Tanjung Pelepas and Kelang.
