The U.S. International Trade Commission (ITC) will prescribe a set of tariff rate quotas it believes will help stem the rising tide of large residential washers being imported into the United States at quantities that currently harm domestic manufacturers.
The Israeli ocean carrier had a net profit of $25.2 million for the quarter compared to a net loss of $37.6 million for the third quarter of 2016, thanks to increasing freight rates, higher volumes and cost utilization, president and CEO Eli Glickman said.
Previous predictions by Drewry’s Global Container Port Throughput Index have been proven correct as global container traffic will break the 200 million-TEU record, prompting analysts to up the next outlook as trade continues to grow.
APM Terminals Inland Services Africa will work with the government of Ghana and non-profit organization Amend to establish a port and logistics facility in Tema.
Through the first nine months of the year, global airfreight shipments are up 8.4 percent from the same 2016 period, according to data from Airports Council International (ACI).
The Taiwanese ocean carrier finalized the rights offering of 500 million new shares at 12 new Taiwan dollars per share, cashing in a total of NTD 6 billion (U.S. $200 million).
The two nations have agreed upon mutually-beneficial maritime developments in safety, navigation, port costs and registration, according to a report from industry news outlet Seatrade Maritime.
The Port of Savannah saw four new cranes delivered last week, bringing the port’s total crane count to 30, said the Georgia Ports Authority (GPA).
The agreement is related mainly to cargo acceptance checklists, which were traditionally paper-based and filled in manually during the transportation process, according to a joint statement from the companies.
Air Canada’s agreement with Cargojet will not be extended once it expires at the end of the year, Air Canada Cargo said in a statement.
CMA CGM names chairman of the board; DB Cargo AG appoints chief executive officer; IAG Cargo announces three new executive team appointments; and the Hong Kong Shipowners Association elects new chairman, deputy chairman and vice chairmen.
The Marseilles-based shipping firm’s board of directors appointed Rodolphe Saadé, the current chief executive officer, to succeed his father and company founder Jaques Saadé as chairman of the board of the CMA CGM Group.
Initially appointed to the U.S. Federal Maritime Commission by President Obama in 2013, Commissioner William P. Doyle says he’s proud of the work he did on U.S. West Coast dockworker labor relations, China taxation and financial safeguards for shippers.
Initially appointed to the U.S. Federal Maritime Commission by President Obama in 2013, Commissioner William P. Doyle says he’s proud of the work he did on U.S. West Coast dockworker labor relations, China taxation and financial safeguards for shippers.
Trilateral Statement on the Conclusion of the Fifth Round of NAFTA Negotiations The negotiating teams of Mexico, Canada, and the U.S., concluded the Fifth Round of the renegotiation and modernization of the North American Free Trade Agreement (NAFTA), gathering nearly 30 negotiating groups. Cold-drawn mechanical tubing from China The Department of Commerce preliminarily determines […]
Little progress was made this week on key divides in the negotiations over a new North American Free Trade Agreement (NAFTA), including rules of origin and a sunset clause, and Mexico is indicating negotiations could stretch beyond its July 2018 elections.
U.S. Customs and Border Protection’s (CBP) agricultural specialists undergo extensive training in order to identify dangerous species and diseases carried on international cargo and prevent them from entering the country.
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has placed North Korea’s government agencies in charge of maritime transport, as well as half a dozen North Korean shipping companies, on the department’s sanctions list.
The port’s 2018 budget, which is $16.7 million lower than 2017 levels, projects operating revenues of $38.22 million, an increase of 3 percent over estimated 2017 operating revenue results.
