Trans-Pacific box rates poised to rise?
Asia-U.S. container rates are still not showing peak-season strength, but optimism remains.
Asia-U.S. container rates are still not showing peak-season strength, but optimism remains.
The interagency Trade Policy Staff Committee (TPSC) is accepting comments and will hold a hearing to help inform the Office of the U.S. Trade Representative’s (USTR) annual report to Congress on China’s compliance with its World Trade Organization (WTO) commitments, USTR announced in a Federal Register notice published August 14. The public hearing will be […]
The Bureau of Industry and Security (BIS) is seeking public comment on the commercial impacts of the proposed addition of five chemical families to Schedule 1 of the “Annex on Chemicals” to the Chemical Weapons Convention (CWC), BIS said in a Federal Register notice published August 13. The CWC is an international arms control treaty […]
Evergreen Marine reports a second quarter profit and says it will add 23,000 TEU ultra-large containerships to its fleet.
Editor’s note: The opinions expressed in this commentary are those of John McCown and not American Shipper or FreightWaves. The Cato Institute took issue with my recent commentary on the flaws in a 40-page study by a consultant concluding that container rates to Puerto Rico would decline 88.9% if there were no Jones Act. In […]
Transfix chief operating officer Lily Shen has added president to her title. The digital freight marketplace announced Shen’s promotion on August 14. Prior to joining New York City-based Transfix about two years ago, Shen spent nearly 20 years in Silicon Valley. She was the executive director of mobility and advanced technology for IDEO for a […]
Hyundai Merchant Marine, South Korea’s largest container carrier, said it had a smaller loss in the second quarter this year than in the same period in 2018.
Can listed shipping shares break out of their slump before the U.S.-China trade dispute is resolved?
Major U.S. drayage carrier sees Southeast ports as areas of growth in freight.
Customs and Border Protection is publishing a proposed rule to require customs brokers to collect certain information from importers to enable the brokers to verify the identity of importers, including nonresident importers, CBP said. Only a limited amount of information currently is required for customs brokers to receive power of attorney (POA), according to CBP. […]
The Environmental Protection Agency is proposing to update standards for hydrochlorofluorocarbons, including import requirements. EPA announced that its proposed updates include requiring electronic reporting for importers and exporters; improving the process for petitioning to import used substances for reuse; creating a certification process for importing used and virgin — or newly produced — substances for […]
Yang Ming had an operating profit in the second quarter but notes U.S.-China trade conflict has weakened demand for container transportation.
Amazon nears U.S. release for Prime Air drone deliveries.
Some tech goods, including cellphones, laptops and video game consoles, won’t be subject to Section 301 tariffs when a new round takes effect September 1.
But Japan’s biggest shipping line looks to restart Long Beach service after summer hiatus.
Manila, Philippines-based international container terminal operator, ICTSI (PSE: ICT) has reported a massive increase in profit and a substantial increase in revenues for the first half of 2019.
A container fire aboard the APL LeHavre comes as many liner companies are cracking down on misdeclared cargo.
Customs and Border Protection will conduct a test to examine new functionalities for de minimis entry filings in the Automated Commercial Environment (ACE) beginning no earlier than September 28, CBP announced. The ACE Entry Type 86 Test “will allow CBP to address the growing volume of Section 321 low-valued shipments resulting from the global shift […]
Barbara Spector Yeninas had the moxie to launch a business serving the male-dominated maritime industry 45 years ago. That determination has kept her going for more than four decades, although these days she’s wearing sneakers instead of stilettos.