U.S. Customs and Border Protection is still working with its Commercial Customs Operations Advisory Committee in finalizing new requirements for the Customs Trade Partnership Against Terrorism.
The containership lessor also said there may be opportunities for consolidation in the fragmented containership chartering business.
Shipment volumes for the month slid 1.7 percent from December, but were up 12.5 percent compared with January 2017, while expenditures fell 1.8 percent sequentially, but rose 14.2 percent year-over-year, according to the latest Cass Freight Index Report.
The Japanese shipping company will restructure April 1, which happens to be the same day its container shipping joint venture with “K” Line and NYK, referred to as the Ocean Network Express, is scheduled to commence operations.
Intermodal equipment provider and chassis pool operator TRAC Intermodal is expanding and improving the quality of its chassis fleet in the region in preparation for an expected surge in U.S. resin exports, the comapny revealed Thursday.
Former Maersk executives launch a new blockchain- and sensor-backed container registry and initial coin offering as crypto creeps further into the container shipping industry.
South Korea’s Hyundai Merchant Marine (HMM) has confirmed it will reenter the Asia-North Europe lane after a one-year hiatus as a vessel operator and order new ultra-large containerships this year that will likely be deployed in the trade once delivered.
The German ocean carrier increased its operating result, revenues and volumes from 2016 figures, largely thanks to its acquisition of United Arab Shipping Co., which closed May 24, 2017.
Mike Toohey, CEO of Waterways Council, Inc., said several elements of President Donald Trump’s plan, including the proposed decrease of federal dollars, will be “non-starters” in terms of gaining industry support.
The global third-party logistics provider managed to increase earnings, revenues and volumes during the year, in addition to closing on various acquisitions.
United States gross domestic product (GDP) increased at an annual rate of 2.5 percent in the fourth quarter of 2017, according to the “second” estimate from the Department of Commerce, down from 2.6 percent in previous projections.
The total value of cross-border trade between the United States and its partners in the North American Free Trade Agreement (NAFTA) rose 7.4 percent year-over-year to $93.5 billion for the month, according to the Bureau of Transportation Statistics (BTS).
The International Trade Commission must now make final determinations on the Commerce Department’s findings that Chinese producers of aluminum foil are receiving unfair subsidies and dumping the product in the U.S. market.
The global third-party logistics provider introduced WMx, a cloud-based, mobile software platform that creates a single solution for warehouse integration.
NC Ports hires director of carrier and trade development, Dayton Freight Lines names regional vice president of operations, and the University of Denver appoints supply chain studies faculty member.
The U.S. meat industry voiced concerns about supply chain upheaval with Mexico if renegotiation talks on the North American Free Trade Agreement break down.
The wave of new freight forwarding software is starting to zero in on underserved segments, like smaller forwarders and those in overlooked developing markets.
Several industry media outlets have reported that CMA CGM has placed an order for 12 newbuild container vessels that will be capable of running on liquified natural gas (LNG), but the French ocean carrier has declined to comment.
The American Apparel & Footwear Association has called on the Federal Trade Commission to clarify apparent ambiguity in the commission’s rules on the labeling of goods sold in the United States and to provide a clearer definition of “materials.”
Third-party logistics provider CEVA Holdings posted a loss of $197 million in 2017 compared with a $159 million loss the year before, according to the company’s most recent financial statements.
