The agency’s new field office in Hanoi, Vietnam was established to help expand America’s $2.5 billion-a-year agricultural export business to the Southeast Asian country.
The Eden Prairie, Minn.-based third-party logistics provider has appointed Robert Biesterfeld to serve as chief operating officer, effective March 1.
The Federal Maritime Commission has yet to determine if entities should receive relief from ocean carriers and terminals assessing free time penalties when the cause of exceeding contracted free time is out of the shipper or intermediary’s control.
The Treasury Department’s Office of Foreign Assets Control has added another 27 shipping companies, along with 28 vessels, to its Specially Designated Nationals List in an effort to prevent North Korea from circumventing U.S. and U.N. economic sanctions.
The Atlanta-based parcel carrier will be the first in the industry to deploy electric-powered delivery trucks that will be comparable in cost to trucks that run on conventional fuel, according to a statement from UPS.
The South Carolina Ports Authority’s container volumes sank 9.5 percent in January 2018 from 12 months prior.
The Kuwait City-based global third-party logistics provider posted a net profit of 68.5 million Kuwaiti dinars (U.S. $227.8 million) on KD 1.41 billion in revenues last year, increases of 16 percent and 14 percent, respectively.
President Donald Trump on Thursday extended the national emergency on Cuba under the International Emergency Economic Powers Act.
The airfreight division of International Airlines Group saw commercial revenues rise 8 percent to 1.08 billion euros (U.S. $2.2 billion) last year thanks to increased volumes and yields, IAG Cargo said in a statement.
The Alliance Rubber Company had petitioned for duties on rubber band imports from China, Sri Lanka and Thailand on Jan. 30.
DHL Express has opened a new cargo processing facility at Brussels Airport, which will nearly quadruple its handling capacity to 42,000 shipments per hour at this regional hub.
ITS Logistics promotes chief financial officer, while the Port of New Orleans appoints board member.
The agreement will enter into force 60 days after at least six member governments or at least 50 percent of signatories – whichever is smaller – complete national ratification procedures.
After ditching the Trans-Pacific Partnership last January, questions remain on how the Trump administration will engage with major global economies.
The U.S. Commerce Department outlined remedy options in line with Section 232 of the Trade Expansion Act of 1962, including blanket tariffs for all countries and direct quotas.
Commerce Secretary Wilbur Ross cited a ‘national security’ exception outlined in World Trade Organization rules.
American Institute for International Steel Board Chairman John Foster said problems in the U.S. steel industry have not been caused by steel produced elsewhere.
In today’s rapidly evolving e-commerce market, global trade practitioners can prepare for persistent uncertainty by focusing on technology and automation to ensure regulatory compliance, according to Joely Callaway, VP of product management at Descartes.
U.S. President Donald Trump has said as far back as May 2017 he would be open to considering raising the federal gas tax as a means of funding infrastructure investment, but questions remain as to whether Republican lawmakers would support such a move.
Among the actions called for by the brokers and forwarders group is for U.S. Customs and Border Protection to program the Automated Commercial Environment to allow for goods releases at the border.
