Hong Kong-based third-party provider Kerry Logistics Network’s full year profits jumped 13 percent to $2.12 billion Hong Kong (U.S. $269.6 million) as revenues rose 28 percent from the previous year.
The trucking group expressed support for a bill introduced by Rep. Brian Babin, R-Texas, that would allow drivers to take one rest break per shift for up to three straight hours without counting against the 14-hour, on-duty allowance.
The $126.7 million Mason Mega Rail Terminal at the Port of Savannah “will open a new corridor for American commerce to and from the Midwest” Georgia Gov. Nathan Deal said.
The multinational oil and gas company is planning to seek a new 30-year lease with upgrades from the port authority in the next five years.
TOTE Inc.’s president and chief executive officer announces retirement, as well as the Global Shippers’ Forum’s secretary general.
The White House released a list of objectives for a new infrastructure investment bill that reiterated President Trump’s objective of streamlining the project permitting process, but was scant on details of how the plan would be funded.
The White House made the announcement Thursday, after concluding an out-of-cycle eligibility review for two other beneficiaries under the African Growth and Opportunity Act (AGOA), pursuant to a March 2017 petition by a used clothing organization.
The agency will collect comments from stakeholders on costs, benefits, risks, and challenges to adopting positive train control systems through May 7.
The president tweeted Thursday morning that the e-commerce giant is taking advantage of USPS and isn’t paying its fair share of taxes.
Without compromise, there is a risk of no agreement on a meaningful strategy to cut down on carbon dioxide emissions, the International Chamber of Shipping said.
The international freight forwarding organization is working with paperless trade solutions provider essDOCS to digitize bills of lading and house bills of lading.
The containership owner and operator, which was established in 2017, closed out the year with a fleet of 41 vessels, 29 of which had been taken over by the end of the year, and has no plans on letting up.
Container volumes at the Port of Jacksonville in North Florida jumped 25 percent year-over-year to 100,346 TEUs in February 2018, thanks in large part to a 35 percent increase in shipments to and from Puerto Rico.
The Alcohol, Tobacco, Firearms, and Explosives Bureau proposed a rulemaking that would classify bump stocks as machineguns, and narrow bump stock registrations to importers, manufacturers and gunmakers.
The Commerce Department will investigate whether laminated woven sack imports from Vietnam are being dumped in the United States or if producers in the Southeast Asian nation are receiving unfair subsidies.
Norfolk Southern (NS) promotes vice president strategic planning and vice president industrial products; Port of New Orleans adds to board of commissioners; and CSAFE Global names new CEO.
The Texas port has pushed for more funding for its channel project as the booming energy industry in the area continues to grow.
Some say the current drop off in ocean freight rates is indicative of weakening fundamentals caused by persistent overcapacity, while others argue it’s just part of typical seasonal demand swings, but it’s likely a bit of both.
The United States and South Korea also reached agreements on investor-state dispute settlement and trade remedy processes, in addition to changed automotive trade disciplines.
The board of the Diamond State Port Corp., which oversees the Port of Wilmington, is scheduled to consider Gulftainer’s proposal April 6, John Haroldson, director of marketing and trade development at the port told American Shipper.
