American Shipper

Drewry says economic fundamentals are likely to win out over tariffs and trade war fears.

Congestion, delays and bad weather created “a perfect storm” and led to $5.6 million net loss.

The multimodal transportation service provider plans to use proceeds from a potential sale toward new service lines, existing businesses and technology.

Hapag-Lloyd says inland transportation severely delayed because of extreme conditions.

Revenues growth of 17.7 percent attributed to yield improvement, higher shipments and tonnage, and increased fuel surcharge revenues.

The purchase of Panatlantic Logistic builds on two acquisitions in the sector last year.

Growth in North America attributed to higher fuel prices, lack of truck capacity and strong economic performance.

The purchase price for the flatbed carrier specializing in the transport of steel, aluminum and other metal products was $53.8 million.

The UPS Store will pack and send furniture and decor sold through online marketplace.

The Italian port concession would be the 21st marine terminal in the Turkish company’s portfolio.

Firms shed 1,300 jobs during July, but June hiring figures were revised upward.

Arbitrator finds government attempted to evade contractual obligations.

Foreign ministry charges the United States “has repeatedly betrayed the consensus reached by negotiations and accelerated the trade war unilaterally again.”

Increase on tariffs proposed across $200 billion worth of Chinese products from 10 percent to 25 percent designed to pressure China to “stop the retaliation against U.S. workers.”

Sen. Jerry Moran said lawmakers are “anxious to have answers as to when this might come to an end.”

The European Union said it will not allow the United Kingdom to continue benefiting from its customs procedures and duty collection once it exits the EU customs union.

Sen. Rob Portman objects to “misuse of the Section 232 statute to impose tariffs on automobiles and auto parts and its impact on Ohio jobs and the U.S. economy as a whole.”

The National Defense Authorization Act includes several provisions to reform reviews by the Committee on Foreign Investment in the U.S. as well as export controls.

With no acquisition and integration costs weighing down profits, XPO Logistics has delivered net income growth for nine consecutive quarters.

The Hong Kong-based containership leasing giant’s net earnings shot up 140.5 percent.