Spot container rates from Shanghai to Europe, the Mediterranean and the United States all recorded modest declines since last Friday, according to the Shanghai Containerized Freight Index.
New South Korean ocean carrier SM Line will join INTTRA’s network to increase online bookings, wile INTTRA will receive expanded access in Korea via SM Line customers.
The Wilmington, Ohio-based aircraft leasing and air cargo transportation services provider’s loss resulted from charges for the warrants granted last year in connection with operating and lease agreements with Amazon Fulfillment Services.
The Danish shipping giant and Denmark-based bank are awaiting approval from the European Commission to begin operations under a new joint venture called GateTu to provide customers with payment services and solutions for digital platforms.
The electric automaker is making good on its CEO’s tweet in April by producing autonomous semi-trucks that will also “platoon,” following a lead truck in formation, according to a report from Reuters news service.
The Port of Indiana-Burns Harbor is counting on a $19.7 million federal grant, as one of the 10 FASTLANE small project grants, to aid in the expansion of the port’s cargo handling capacity, according to the NWI Times.
Austrian transport and logistics company Gebrüder Weiss has acquired Kapeller Internationale Spedition, further expanding its operations in the Tyrol region.
The Commerce Department will impose countervailing duties on U.S. imports of aluminum foil from China, after determining that Chinese exporters have received government or “countervailable” subsidies in the range of 16.56 percent to 80.97 percent.
Amended final results regarding steel nails from China The Department of Commerce is amending the final results with respect to the dumping margin assigned to SDC International Aust. PTY. Ltd. Limited exclusion order and terminated investigation The ITC has issued a limited exclusion order against intravascular administration sets from Yangzhou WeiDeLi Trade Co., Ltd. as […]
The Taiwanese ocean carrier reported revenues of $1.1 billion for the second quarter of 2017, with volumes increasing 6.8 percent year-over-year to 1.15 million TEUs, according to the company’s latest financial statement.
The U.S. Navy is looking to haul the warship back to the United States for repairs, following its June collision with an NYK Line containership in Japanese waters that claimed the lives of seven U.S. sailors.
Major retail container ports across the nation are expected to collectively experience the busiest month on record for imports in August, according to the latest monthly Global Port Tracker report by the National Retail Federation and Hackett Associates.
In negotiating the terms of the United Kingdom’s exit from the European Union, the EU may look to send a signal to other member nations that leaving the union is far more trouble than it is worth.
Gate-to-gate turn times at the mid-Atlantic port still haven’t completely returned to what is considered standard, although terminal operator Ports America Chesapeake did say that they are “returning to historical norms.”
The National Transportation Safety Board has added two additional reports that clarify the original voyage data recorder (VDR) transcript from 2016 and says it has up to four more additions for the docket by the end of the year.
Terminals at the Port of Virginia handled 234,230 TEUs last month, a 7.5 percent increased compared with the same month a year ago, despite a 2 percent dip in exports.
The software company, which provides backbone systems for forwarders and customs brokers, will use data from tariff research and compliance tool provider Digerati to guide its next generation of customs entries technology.
The U.S. Gulf Coast port is currently developing a new forest products terminal and is looking to dredge its east channel, according to Port Panama City Executive Director Wayne Stubbs.
The agreement, which is retroactive to July 2016, covers about 3,000 Canadian National Railway conductors represented by the Teamsters Canada Rail Conference – Conductors, Trainpersons and Yardpersons union.
The east-west freight rail corridor has exploded in volume, particularly from Asia to Europe, causing bottlenecks and delays as European terminals and its infrastructure cannot handle the increase in volumes, according to a report from the JOC.
