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.
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.
