Trump’s words come after the United States and South Korea both announced that they had reached an agreement in principle to update the terms of the six-year-old deal.
The Federal Railroad Administration (FRA) has released a status report detailing progress by major freight and passenger railroads in the federally mandated implementation of positive train control (PTC) systems.
Just four years after its initial launch, on-demand shipping startup Shyp shuttered operations earlier this week, becoming the latest in a string of cautionary tales for new entrants into the shipping and logistics space.
South Korea’s largest ocean carrier revealed its planning to secure ultra-large containerships, expand service coverage, enhance cost-competitiveness and prepare for new environmental regulations.
Under the terms of the preliminary agreement, global port operator Gulftainer Group would lease the Port of Wilmington for 50 years and invest more than $580 million in the port over the next nine years, most of which would be for a new container facility.
Container volumes from Asia to the United States will grow 6.8 percent in 2018 if there is not a trade war, according to a projection from Drewry Senior Economist Mario O. Moreno.
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.
