The states of São Paulo and Rio de Janeiro, which have the highest rates of cargo theft in Brazil, are jointly responsible for 87 percent of cargo theft in the country, according to Sensitech.
The Government Accountability Office (GAO) has recommended that U.S. Customs and Border Protection (CBP) take a more holistic approach to its compliance oversight of the nation’s sprawling foreign trade zone industry rather than on a case-by-case basis.
Status of End-Use Monitoring of Dual-Use Exports A GAO report which found that the Export Bank’s dual-use exports were in compliance with exceptions to satellites sold to Mexico and construction equipment sold to Cameroon military. Information collection request regarding import duties and/or taxes U.S. Customs and Border Protection will be submitting an information collection request […]
With operations suspended through Wednesday for many areas, and longer for others, analysts have estimated that freight rates will spike as cargo transport will be affected for up to the next month.
Amid the German ocean carrier’s merger with United Arab Shipping Co., operating results increased with a 14 percent rise in transport volumes, while overall earnings dropped due to “one-off effects related to the UASC transaction.”
At the current pace of capacity increases by major ocean carrier alliances, at least two services between Asia and Europe may need to be terminated to compensate for recent rate hikes, according to a new analysis from maritime consultant SeaIntel.
China COSCO Shipping’s port terminal operator arm’s profits attributable to equity holders of the company skyrocketed 123.7 percent year-over-year during the first half of 2017 to $384.7 million.
The Delaware River Deepening Project, which has been in the works for 25 years, will increase the depth of the shipping channel in the Delaware River from 40 to 45 feet to accommodate new and larger cargo vessels.
The North Atlantic port handled 576,947 TEUs in July 2017, an 8.4 percent increase from the same month a year ago, according to recent data from the Port Authority of New York and New Jersey (PANYNJ).
WABCO Holdings’ $145 million purchase of RH Sheppard Co., a Pennsylvania-based, privately held supplier of commercial vehicle technologies, is expected to close by the end of the third quarter.
The Maritime and Port Authority of Singapore and the Ports and Harbours Bureau of the Ministry of Land, Infrastructure, Transport, and Tourism of Japan will helm a group studying the feasibility of LNG bunkering for car carriers between the two countries.
The CMA CGM Theodore Roosevelt’s Virginia port call broke a short-lived record for ship size that was established in May, when the 13,000-TEU COSCO Development set the new high water mark in Norfolk Harbor.
Ocean carriers MOL, “K” Line and NYK Line have partnered with 11 other industry firms in an effort to a develop trade data sharing platform using blockchain technology, with three major milestones to reach between August 2017 and March 2018.
The general cargo ship Leonardo, which was built in 1975, was 114 meters long (374 feet), had a breadth of 13 meters (42.6 feet) and a deadweight of 3,348 tons before splitting apart near Kumköy, west of the Black Sea entrance to the Bosporus.
Politicians on both sides of the aisle have agreed on the importance of infrastructure improvement projects for the better part of a decade, but agreeing on how to fund such projects has been another story altogether.
GAO Report on Foreign Trade Zones The report titled, “CBP Should Strengthen Its Ability to Assess and Respond to Compliance Risks across the Program” finds that Foreign Trade Zones may not have all its risks evaluated by the U.S. Customs and Border Protection agency. Digital Customs and E-Commerce in Africa A workshop by the WCO […]
The Surface Transportation Board has been monitoring CSX’s performance since mid-July, after widespread service problems were caused by CSX’s implementation of operating plan changes.
U.S. Navy and Marine Corps divers recovered the remains of ten sailors who were aboard the USS John S. McCain when it collided with the much larger, Liberian-flagged oil and chemical tanker Alnic MC.
In an effort to lower emissions and increase efficiency, the United Kingdom will be commencing a three-phase trial to evaluate truck platooning on major roadways throughout the nation.
The fulfillment of blockchain’s potential will require social and political change, as well as for companies to relinquish their current manual processes and governments to relinquish some of their control over those processes.
