Negotiators from the International Longshoremen’s Association (ILA), the labor union representing dockworkers at U.S. East and Gulf Coast ports, and the United States Maritime Alliance (USMX) spent Thursday and Friday discussing a new six-year deal.
The review was characterized as a response to indications that imports have been increasing over the past two years, a trend the European Union said could be exacerbated by recently ordered steel tariffs by the United States.
Shipment volumes for the month jumped 5.9 percent from January and 11.4 percent compared with February 2017, while expenditures grew 5.2 percent sequentially and 14.3 percent year-over-year, according to the latest Cass Freight Index Report.
The Consumer Product Safety Commission will host stakeholders in May to examine issues related to products that connect to the Internet, including newly posed ‘non-traditional’ safety matters that could fall in the commission’s purview.
The U.S. International Trade Commission is scheduled to make its final decision on this petition for the antidumping duty investigation, filed by North American Steel & Wire/ISM Enterprises of Pennsylvania, by May 7.
Ross Roggio of Stroudsburg, Pa., and his firm Roggio Consulting Co. were charged with conspiracy to illegally export firearm parts and tools to Iraq for manufacturing M4 rifles.
The advocacy group said it wants the Senate to complete the confirmation process for four outstanding nominees to the U.S. Export-Import Bank board as soon as possible.
The Consumer Product Safety Commission has requested comments on draft guidelines for determining the age appropriateness of toys be sent before June 11.
The ocean carrier introduced a new loop connecting Hong Kong, China and Vietnam, deploying one 1,200-TEU vessel.
The sweeping $1.3 trillion omnibus spending package signed by President Trump Friday, which contains funding for various landside and waterside projects, tripled the budget for the Transportation Investments Generating Economic Recovery (TIGER) program.
China appears to have suggested it would retaliate against tariffs ordered by President Trump, as well as a separate string of generally global tariffs on steel and aluminum Trump called for.
President Donald Trump signed off on tariffs covering $50 billion-$60 billion worth of products from China shortly before 1:00 p.m. Thursday.
Office of Management and Budget (OMB) Director Mick Mulvaney told reporters President Trump would sign the $1.3 trillion spending package passed by Congress on Friday, but Trump says he is considering a veto over immigration concerns.
A high-rise condominium complex overlooking the Port of Miami that is currently being built has a very extensive construction supply chain.
The 15,262-TEU containership, which caught fire earlier this month, killing five crew members, is expected to arrive at the Middle Eastern port in a few weeks.
Multiple companies at the SCOPE Supply Chain & Procurement Summit in Chicago this week discussed disruptions in their supply chains, along with what they are doing to combat disruptions.
Ocean freight rates from Asia to the U.S. West Coast are following a similar pattern to last year, when early gains were followed by sustained declines after the Chinese New Year, according to Patrik Berglund, CEO of rate benchmarking platform Xeneta.
The Soo Locks, which allow vessels to traverse the 21-foot drop between Lake Superior and Lake Huron, will open Sunday after being closed since Jan. 15.
U.S. tariffs imposed on steel and aluminum imports will have a limited impact on most international bulk trades, but could hinder containerized shipping, BIMCO Chief Shipping Analyst Peter Sand said.
Domestic truckload rates jumped 6.5 percent for the month compared to February 2017, following year-over-year increases of 6.5 percent and 6.2 percent, respectively, in January and December, according the latest Cass Truckload Linehaul Index.
