WTO: 2017 World Trade Report The World Trade Organization has published its 2017 World Trade Report on trade, technology and jobs. Amendment to HLC Agreement The FMC amendment deletes Rickmers-Linie as a party to the U.S. Supplemental Agreement and to delete NPC Projects A/S and Rickmers-Linie as a joint party to the HLC Agreement. Revised Schedule […]
Danish shipping giant Maersk Line has received approval from Brazil’s Administrative Council for Economic Defense (CADE) to finalize the company’s $4.3 billion acquisition of north-south specialist carrier Hamburg Süd.
After Boeing submitted a complaint regarding Canadian aircraft producer Bombardier’s sale of its C Series jet to Delta last year, the Department of Commerce has preliminarily determined to add a 220 percent tariff to the cost of the aircraft.
If appointed, Martinez would succeed Deputy Administrator Daphne Jefferson, who has been filling in as acting administrator of the Federal Motor Carrier Safety Administration (FMCSA) following the Jan. 19 departure of previous Administrator Scott Darling.
The trend toward major lines capturing a bigger slice of the refrigerated (reefer) market is predicted to accelerate in the coming years, according to the latest edition of Drewry’s Reefer Shipping Market Review and Forecast 2017/18, published Sept. 26.
The Germany ocean carrier has taken ownership of the last of a series of 17 ultra-large vessels first contracted in 2013 by UASC, and has consequently sold three of its oldest vessels for recycling.
U.S. Surface Transportation Board (STB) Vice Chairman Daniel Elliott III on Monday revealed he will be leaving the board, effective this Saturday.
The Singapore sovereign wealth fund Temasek, which owns terminal operator PSA International, is backing logistics and trade management software provider BluJay Solutions with an investment that values the firm at $700 million.
The project will see the terminal operator and drayage appointment system provider collaborating to take unnecessary steps out of the cargo availability and appointment process.
The freight forwarder and customers broker firm will integrate Waters Shipping Co.’s staff and services at its Wilmington, N.C. branch office, CV International said in a statement.
The China-based e-commerce marketplace revealed its intentions to invest 100 billion Chinese Yuan Renminbi (U.S. $15.2 billion) over the next five years to expand its logistics network, and its plans to up its stake in Cainiao next month.
The newly formed Riyadh-based BahriBolloré, a joint venture of Bahri and Bolloré Logistics, is part of Saudi Arabia’s plan to establish itself as a global logistics gateway.
In addition to the higher monthly average for August 2017, shipments of iron ore on the Great Lakes and St. Lawrence Seaway also bettered the month’s five-year average by 6.2 percent, according to data from the Lake Carriers’ Association.
Luxembourg-based marine transport company d’Amico says that the transaction will contribute to the liquidity needed to complete the company’s fleet renewal program.
The airline’s new aircraft, which is entering commercial service this week by carrying goods from Seattle to Alaska, was converted in Tel Aviv over the course of 19 months by Israel Aerospace Industries.
DHL Supply Chain, in partnership with food conglomerate Campbell Soup Co., opened a new distribution center in Fort Worth, Texas.
The third-party logistics provider launched a 50,000-square-foot distribution center in Fremont, Calif., that will provide inventory management, fulfillment and expedited plant delivery services for companies in the Silicon Valley.
Following a positive determination of harm its section 201 investigation into solar panel imports, the International Trade Commission (ITC) will now move to the “remedy” phase, but trade groups worry about potential damage to the industry at large.
