Testifying Thursday before a House Energy and Commerce subcommittee, Trump administration officials pushed for passage of the Foreign Investment Risk Review Modernization Act of 2017.
The comments from the Maersk Group CEO come amid a precipitous drop in container freight rates that could threaten carrier profitability in 2018.
The Parliamentary Transport Committee has requested industry input for its review of potential effects on freight transport operations and infrastructure as the country splits from the European Union.
The less-than-truckload motor carrier posted an on-time delivery rate of 99 percent during the quarter as well as higher net income and revenues.
The annual growth rate of 2.3 percent in the first quarter is down from 2.9 percent the previous quarter.
The Class I railway increased net income, revenues and volumes during the quarter from the prior 2017 period.
The trucking and logistics company’s operating revenues for the first quarter of 2018 surged 20.6 percent year-over-year to $156.7 million.
A logistics powerhouse in Africa, the French company allegedly “provided discounted communications advice” in Guinea and Togo in exchange for licenses to operate container ports.
An industry association elects 2018-19 officers and Air Partner appoints interim chief financial officer.
Former CIA director Mike Pompeo gets the nod in a 57-42 vote.
The airline delivers enough limes for 1 million margaritas
The Southern California Chapter of the Construction Management Association gives the port two prizes for recently completed projects.
An unsolicited proposal outlines a vehicle for carrying passengers between the ballpark and Los Angeles Union Station
Proprietary mini tankers can fill up fleets in Texas and California
Expansion of all-cargo services is designed to support pharmaceutical, aerospace and automotive customers.
Lufthansa IT experts help equip the unit load device with new functions
Yusen Logistics will manage all inbound, storage, picking and value-added activities
The Kampala location will focus on the surge of industrial projects in East Africa.
China featured prominently in the Special 301 Report for the 14th consecutive year.
The U.S. Postal Service and Customs and Border Protection have been ramping up efforts to stop shipments of fentanyl, which largely arrive in the United States from China.
