Port Newark Container Terminal is entering a new phase of construction that will boost its annual handling capacity to over 2 million TEUs by 2019 in anticipation for incraesed volumes.
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.
Although overall cargo tonnage through the port inched up a modest 1.7 percent in 2017 from a year prior, container tonnage rose 10.9 percent.
Pioneering Sea-Land executive John R. Pyron was tasked in 1968 with convincing American shippers to use the country’s first commercial container service in the transpacific, and the company and trade never looked back.
The White House and the United Kingdom yesterday released similar statements condemning Russia for perpetrating the June 2017 cyber attack that affected operations at Maersk Line, APM Terminals and FedEx, among others.
The Chinese e-commerce giant has entered into agreements with investors – including Hillhouse Capital, Sequoia China, China Merchants Group, and Tencent, among others – for the financing of its supply chain and distribution subsidiary, JD Logistics.
The Senate Finance Committee on Thursday approved Deputy U.S. Trade Representative nominees C.J. Mahoney and Dennis Shea.
The European Union’s international trade in goods surplus narrowed 28 percent to 25 billion euros (U.S. $31.1 billion) last year, as a 7.7 percent increase in exports was offset by 8.2 percent import growth.
Textainer Group Holdings Ltd. and CAI International both improved profits in 2017 compared to the prior year.
Four members of the Coalition for Fair Trade of Hardwood Plywood have petitioned the Commerce Department to investigate imports of Chinese hardwood plywood with face and back veneers for dumping and countervailable subsidies.
Short-line and regional railroad operator Genesee & Wyoming has entered into a strategic partnership with short-haul and drayage trucking platform provider Cargomatic.
House Transportation and Infrastructure Committee member Alan Lowenthal, D-Calif., told American Shipper that Trump’s plan resembles a “skeleton” with “no meat on it,” in contrast with the House Sustainable Energy & Environment Coalition’s plan.
The World Trade Organization isn’t perfect, but it has been largely effective, and the Trump administration, through U.S. Trade Representative Robert Lighthizer, seems to be advocating for self-policing trade relationships.
The U.S. House of Representatives passed H.R. 4979 Tuesday under an expedited floor procedure, which would renew the Generalized System of Preferences program through 2020.
The two-year Bipartisan Budget Act of 2018 will increase caps on discretionary federal spending by $296 billion, including $165 billion for the Department of Defense, plus provide an additional $90 billion in disaster relief funds.
The Commerce Department has initiated antidumping and countervailing duty investigations into imports of large diameter welded pipe from Canada, China, Greece, India, South Korea and Turkey.
President Donald Trump said Monday during an infrastructure meeting that he plans to implement the tax on countries that “take advantage of the United States,” but a senior administration official seemingly downplayed the words later in the day.
The Department of Homeland Security is proposing $1.6 billion to drive construction of 65 miles of new southern border walling, and $1.9 billion for Coast Guard recapitalization to “secure maritime borders and approaches.”
The Campaign for Accountability (CfA) alleges that Heath Hall, who recently resigned as deputy administrator of the Federal Railroad Administration (FRA), violated criminal law by making false claims about receiving outside income while in office.
The Guidance Out of Darkness (GOOD) Act, cleared by the Senate Homeland Security and Government Affairs Committee on Wednesday, would require agencies to post every guidance document on regulations.gov.
