COSCO SHIPPING Ports signs deal with Navis
The global port operator entered into a subscription agreement for Navis’ N4 terminal operating system.
The global port operator entered into a subscription agreement for Navis’ N4 terminal operating system.
Transportation and logistics companies added 15,400 jobs for the month following a revised 11,800-job gain in January, according to recent preliminary data from the U.S. Department of Labor.
The Swiss-based freight forwarder reported net earnings of 57.5 million Swiss francs (U.S. $60.6 million) on CHF 5.53 billion in net forwarding revenues during 2017, year-over-year increases of 9.9 percent and 6.5 percent, respectively.
The Adam Smith Project recently sat down with Brenda Smith of U.S. Customs and Border Protection’s Office of International Trade to review the agency’s progress on implementing the Trade Facilitation and Trade Enforcement Act.
The Commerce Department preliminarily determined that Chinese exporters of forged steel fittings to the United States receive countervailable subsidies, and is scheduled to announced its final countervailing duty determination July 24.
The union and employers revealed Friday they will resume master contract discussions, saying that issues and concerns regarding automation, which caused the talks to come to a halt in December, have been “adequately addressed.”
Lars Jensen, chief executive officer of Seaintelligence Consulting, said that although consolidation among the largest carriers is likely coming to an end, smaller, niche carriers are just getting started.
The new Eagle Express X (EEX) service, scheduled to launch in July, will offer 11-day transits from Shanghai to Los Angeles, which BlueWater Reporting shows is faster than any other liner service.
Building on a successful trial run in the Port of Los Angeles, GE Transportation is launching a second pilot at the Port of Long Beach that seeks to digitize and harmonize disparate data flows to increase visibility, efficiency and cargo velocity.
The International Trade Administration determined revocation of the countervailing duty order will lead to continued harm.
The largest port on the U.S. East Coast handled 585,864 TEUs during the month, the most of any January in port history, according to the most recent data from the Port Authority of New York and New Jersey (PANYNJ).
The mid-Atlantic port saw throughput of containerized cargo fall 0.7 percent year-over-year in February 2018 following a 3.5 percent decline in January caused in part by the loss of workdays due to severe winter weather.
Total U.S. freight rail volumes grew 3.3 percent for the month following a 0.1 percent uptick in January, according to the latest data from the Association of American Railroads (AAR).
Global air cargo demand soared 8 percent for the month, but recently announced U.S. import tariffs on steel and aluminum could bring volumes back down to earth, according to the International Air Transport Association (IATA).
President Donald Trump signed proclamations late Thursday afternoon for global tariffs of 25 percent on steel and 10 percent on aluminum to take effect March 23.
President Donald Trump signed proclamations late Thursday afternoon for global tariffs of 25 percent on steel and 10 percent on aluminum to take effect March 23.
White House Press Secretary Sarah Sanders made the statement Wednesday as President Trump prepares to finalize duties on steel and aluminum “by the end of the week.”
It’s hard to go anywhere these days without hearing about the magical powers of blockchain, but logistics practitioners should understand how the technology is actually unique.
Senate Majority Leader Mitch McConnell, R-Ky., said during a Tuesday press conference how there is a lot of concern among Senate Republicans that President Trump’s proposed tariffs on steel and aluminum imports “could metastasize into a larger trade war.”
The German mail and logistics company posted revenues of 60.4 billion euros for the year, rising 5.4 percent from 2016, despite encountering headwinds from currency effects.