Teamsters employed with the East Moline, Ill.-based less-than-truckload carrier voted to ratify a new contract that will remain in place through March 5, 2021.
The CMA CGM subsidiary will use space on an existing loop between Asia, Mexico and the West Coast of South America, effective April 6.
Steel and aluminum imports from countries with which the United States has a free trade agreement with are likely not exempt from tariffs ordered earlier this month, according to Lou Abad, principal for KPMG Trade and Customs Services.
The United States and South Korea have agreed in principle to a set of amendments on the six-year-old deal, South Korea’s trade minister said Monday.
Pricing on routes between Shanghai and the rest of the world fell another 4.3 percent last week, continuing a steady decline that began in early February, according to the Shanghai Shipping Exchange’s Shanghai Containerized Freight Index (SCFI).
A litany of Ways and Means Republicans criticized the Trump administration’s approach to a Commerce Department-led investigation into steel and aluminum imports that found such imports could harm United States national security.
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.
