The Ocean Network Express – the joint container business of NYK, MOL and “K” Line – will use Union Pacific to handle all intermodal shipments for vessels calling U.S. West Coast ports.
Intermodal pricing increased another 5.4 percent for the month compared with the same 2017 period, the 17th consecutive monthly year-over-year increase, according to the latest Cass Intermodal Price Index.
President Donald Trump signed off on tariffs covering $50 billion-$60 billion worth of products from China shortly before 1:00 p.m. today.
U.S. Trade Representative Robert Lighthizer named several countries that could potentially be excluded from steep U.S. tariffs on steel and aluminum, and discussed progress on the North American Free Trade Agreement.
President Donald Trump on Tuesday asked Congress to extend Trade Promotion Authority by three years to July 1, 2021.
Port terminals operated by the South Carolina Ports Authority (SCPA) handled 168,480 TEUs of containerized cargo for the month, a 4.2 percent year-over-year decline, as the authority began construction on the Charleston Harbor Deepening Project.
An over 2,000-page bill to keep the government funded through Sept. 30 included language to renew the U.S. Generalized System of Preferences (GSP), which lapsed Dec. 31, 2017.
The Northwest Seaport Alliance’s year-over-year increase in international container volumes in February offset a decline in domestic container traffic.
Michael Khouri, acting chairman on the U.S. Federal Maritime Commission, attended the Fourth Japan-U.S. Maritime Bilateral Meeting and met with regulators at the Japan Fair Trade Commission this week.
The new loop will link South China and Japan with Southeast Asia, utilizing four vessels averaging 4,754 TEUs.
The Israeli ocean carrier will drop a call at Halifax on its ZIM Container Service Pacific loop, but will launch a feeder service, dubbed the Canada Florida Express, which will call the Canadian port, as well as Miami and Kingston.
The American Trucking Associations’ (ATA) seasonally adjusted For-Hire Truck Tonnage Index slipped 2.6 percent compared with the previous month, but remained 5.7 percent higher than in February 2017.
Volkswagen Group Logistics will charter the two roll-on/roll-off vessels capable of handling 6,500 vessels each from Siem Car Carriers AS.
CSX appoints a new vice president and controller, while Volga-Dnepr hires commercial director.
A Trump administration review found that the country’s government is forcing unfair technology and intellectual property transfers from U.S. companies, which allows the White House to impose trade remedies pursuant to a 1974 statute.
Hufbauer discussed potential implications of President Donald Trump’s Section 232 tariffs on aluminum and steel, the status of the NAFTA renegotiation, and the chances that the Trump administration could withdraw from the WTO.
The Memphis-based parcel giant reported a net income of $2.07 billion in the third quarter of its fiscal 2018 year, up a whopping 257 percent from the same period last year, thanks in large part to an estimated $1.53 billion reduction in tax liability.
National security experts have detailed the links between groups like Hezbollah and ISIS with transnational criminal organizations.
KeepTruckin’s latest venture capital infusion has kept momentum rolling in the hotter-than-hot freight-matching technology market.
