Volumes of containerized cargo at the mid-Atlantic port rose 8.7 percent year-over-year to 252,230 TEUs for the month, according to the latest data from the Virginia Port Authority.
The Mexican economy minister bets there’s an 80 percent chance a “deal in principle” can be reached by early May.
President Xi’s words at the Boao Forum for Asia come after President Trump tweeted complaints about China car tariffs and threatened a second round of “Section 301” tariffs against the country.
The third-party logistics provider will seek to raise 1.3 billion Swiss francs (U.S. $1.36 billion) in an initial public offering on the SIX Swiss Exchange that also will see CEVA’s headquarters moved from Hoofdorp, Netherlands, to Baar, Switzerland.
Despite Class I railroads thriving financially in 2017, just last month, the Surface Transportation Board cracked down on the railroads over deteriorating service after hearing from concerned shippers.
AlixPartners says carriers need to address the dual challenges of rising costs and oversupply.
The Jacksonville, Fla.-based AMPORTS has vehicle terminals and processing facilities in ports on the East and West coasts of both the United States and Mexico.
Transportation and logistics companies added 9,800 jobs in March 2018 following two consecutive monthly gains in January and February, according to recent preliminary data from the U.S. Department of Labor.
The world’s largest containership lessor named Ryan Courson chief financial officer, a 29-year old who joined the company last month as senior vice president of corporate development.
The United States increased beef, pork and lamb exports during the month in terms of volumes and value compared to February 2017.
The State Department said the agreement will strengthen commercial and economic ties between the countries.
Patriot Rail Co. has appointed a new chief commercial officer, while JAXPORT has named its director of government affairs.
The “eco-friendly mega containerships” are part of the Korean carrier’s plan to grow its fleet’s carrying capacity to 1 million TEUs.
According to the European Commission, international shipping accounts for 2 percent to 3 percent of all global greenhouse gases emissions, a number that is projected to rise along with the growing world economy.
The Treasury Department’s Office of Foreign Assets Control (OFAC) on Friday added over three dozen Russian and Ukrainian individual and entity designations pursuant to a sanctions statute enacted in August.
About 2,400 sheep died from heat stress while being transported to the Middle East from Australia in August 2017, triggering an investigation by Australia’s Department of Agriculture and Water Resources, which published its findings last week.
Imports at ports tracked by the National Retail Federation’s Global Port Tracker surged 15.8 percent year-over-year to 1.69 million TEUs, but the association warned a potential tit-for-tat tariff battle with China could significantly slow cargo growth.
The U.S. Department of Commerce will impose a subsidy rate of nearly 175 percent on imports of stainless steel flanges, valued at $16.3 million in 2016.
Ship construction standards, pollution and piracy are among the agenda items to be discussed at a May 11 meeting of the State Department-led Shipping Coordinating Committee in Washington, D.C.
The Persian Gulf island will continue to accept U.S. certifications for food and agriculture exports, which totaled $76 million in 2017.
