American Shipper

Why are share prices and tanker freight rates going in opposite directions?

“With ongoing challenges posed by the coronavirus, there is real concern about these fees being assessed when there are equipment issues beyond the control of the shipper or motor carrier,” 67 trade associations told the Federal Maritime Commission.

While operations across the country have not been interrupted, visitors should stay away.

Some port terminals will be closed Tuesday in honor of Teddy Gleason even though the former ILA president wasn’t born on St. Patrick’s Day.

Investors appear increasingly worried that the coronavirus will spark a global recession with no quick bounceback.

ILA leader says presidential candidate has been a longtime friend and supporter of the union.

The Commerce Department’s Bureau of Industry and Security said the 24 companies and individuals added to the Entity List pose a U.S. national security and foreign policy risk.

Coronavirus has strained supply chains and had a huge impact on the movement of freight.

“The American public should be aware of bogus home testing kits for sale either online or in informal direct to consumer settings,” U.S. Customs and Border Protection said.

The Office of Foreign Assets Control added Russian oil company overseas affiliate TNK Trading International in Switzerland to the Specially Designated Nationals and Blocked Persons List.

Ports on East and West coasts do expect cargo surge as manufacturing ramps up in China following coronavirus-caused shutdowns.

The Commerce Department’s Census Bureau and Bureau of Industry and Security believe an upcoming proposed rulemaking may resolve the regulatory confusion for required export data.

American Association of Port Authorities and Women’s International Shipping & Trading Association among organizations canceling meetings.

As the world reels from coronavirus, crude-tanker owners are raking in massive returns.

“Right now, I believe most ocean carriers and marine terminal operators are acting responsibly and fairly in these challenging conditions,” FMC Commissioner Daniel Maffei said.

Coronavirus is having an impact on many industries. One of those impacted is the global seafood industry.

Charters between Germany and China rise as logistics provider readies for “whatever happens” in coming weeks.

Coronavirus left containers scattered in the wrong ports. Liner companies are trying to get them back into position.

Airlines are getting hammered by falling demand and now will lose much of the trans-Atlantic market entirely for a month as the U.S. bans travel from Europe.

“As an industry representing brands and retailers, we do not tolerate forced labor in our supply chains,” said five large U.S. apparel and footwear associations.