Old Dominion drives up earnings, revenues in 2017
The Thomasville, N.C.-based less-than-truckload carrier recorded a net income of $463.77 million on revenues of $3.36 billion in 2017, up 56.8 percent and 12.3 percent year-over-year, respectively.
The Thomasville, N.C.-based less-than-truckload carrier recorded a net income of $463.77 million on revenues of $3.36 billion in 2017, up 56.8 percent and 12.3 percent year-over-year, respectively.
The Southwestern Louisiana port will move forward with dredging its west barge basin after the port authority’s board approved a $1.3 million dredge contract with Coastal Dredging Co.
The cargo operation of Delta Air Lines expanded Pharma 4 to eight additional destinations, giving it 49 pharma stations worldwide, in addition to nine approved facilities in Europe that are operated with partner airlines.
Michael Watson, who became an associate administrator in the U.S. Department of Agriculture’s Animal and Plant Health Inspection Service, was promoted from a deputy position in which he was overseeing Marketing and Regulatory Programs Business Services.
The position has remained vacant since David Mills left the post at the end of the Obama administration.
Danish shipping giant A.P. Møller-Maersk narrowed its overall loss to $1.16 billion for 2017, a year in which it divested its energy businesses and acquired container carrier Hamburg Süd.
The U.S. goods and services deficit jumped 12.1 percent to $566 billion in 2017, its highest level since 2008, according to the most recent data from the Commerce Department’s Bureau of Economic Analysis (BEA).
The requests from the European Union and China for consultations on tariffs from the United States on solar cells are the first step in the World Trade Organization (WTO) dispute process and follow similar requests by Taiwan and South Korea.
The True Incorporation Transparency for Law Enforcement (TITLE) Act would require disclosure of beneficial ownership during a company’s incorporation process in the United States.
U.S. Secretary of Homeland Security Kirstjen Nielsen discussed with Canadian Public Safety and Emergency Preparedness Minister Ralph Goodale how their countries can expand preclearance to facilitate lawful trade and travel across the northern border.
United Kingdom International Trade Secretary Liam Fox appointed Antony Phillipson to serve as the nation’s trade commissioner for North America.
Jianhua “Jeff” Li had received payments totaling over $1.1 million in sales proceeds from his participation in a scheme to smuggle counterfeit Apple iPhones and iPads from China into the United States.
Following a Senate Finance Committee meeting with President Donald Trump, Sen. Tim Scott, R-S.C., is clearing the way for a committee vote on nominations for the U.S. Ambassador to the World Trade Organization and a deputy U.S. Trade Representative.
China is the top buyer of U.S. sorghum, with the U.S. shipping 4.76 million tons of a total of about 5 million tons imported by China in 2017, Reuters reported.
The U.S. Senate on Monday confirmed Andrei Iancu’s appointment as Under Secretary of Commerce for Intellectual Property and Director of the U.S. Patent and Trademark Office by a vote of 94-0.
Competitor University Loft Co. alleged in a whistelblower lawsuit filed under the False Claims Act that Home Furnishings Resource Group evaded anti-dumping duties on wooden bedroom furniture imports by misclassifying it as non-bedroom furniture.
The Arizona senator lifted his hold on President Donald Trump’s nomination of Gregg Doud as chief agricultural negotiator.
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service is adding phytosanitary requirements for certain fresh citrus imports from Colombia, which should allow importation of such fruits to resume.
The Owner-Operator Independent Drivers Association had requested the exemption from the electronic logging device mandate for small trucking businesses with “exemplary” safety records back in November.
The logistics software provider, which has made fast inroads into the food producer and commodity trading markets, will now offer users tools to quickly assess carrier metrics.