WTO: Global merchandise trade on the rise
The latest readings of the WTO’s World Trade Outlook Indicator suggest that global merchandise trade growth will remain above trend as we enter the third quarter of 2017.
The latest readings of the WTO’s World Trade Outlook Indicator suggest that global merchandise trade growth will remain above trend as we enter the third quarter of 2017.
Effective Aug. 23, Miami-based ocean carrier Seaboard Marine will begin offering two weekly sailings to Costa Rica, with the first providing three-day transit to Puerto Limon, departing from PortMiami each Wednesday with cargo availability Monday mornings.
During the month, Mexico was the leading market for U.S. pork and lamb exports in terms of volumes and value, while Japan was the top market for U.S. beef exports, according to data compiled by the U.S. Meat Export Federation for the USDA.
The Honolulu-based ocean carrier will begin accepting Tahiti shipments with a vessel departure from Honolulu on Aug. 22 and the first arrival at Tahiti’s capital city on Sept. 4.
The deal authorizes Crowley to charter space to King Ocean in the trade from the U.S. East Coast to Trinidad, and authorizes King Ocean to charter space to Crowley in the trade from the U.S. East Coast to St. Lucia and Barbados.
The Bonn, Germany-based parcel carrier and third-party logistics provider has also formed a partnership with Shanghai Pharma of China to facilitate improvements to the company’s logistics infrastructure and a global expansion.
Determination of MSG from China The Department of Commerce is reviewing 27 companies that export MSG from China. Determination of steel nails from UAE The Department of Commerce finds that revocation of the antidumping duty order on steel nails from the UAE would be likely to lead to continuation or recurrence of dumping. Supplemental schedule […]
A Federal Maritime Commission complaint lodged by Port Elizabeth Terminal & Warehouse alleges the port is asking the company to vacate hundreds of thousands of square feet of warehousing space in order to help a competitor expand.
Sixty-seven percent of International Longshore and Warehouse Union members voted in favor of the extension, according to balloting results from all longshore locals within the states where ILWU members voted.
In an email last week, CSX CEO Hunter Harrison apologized for the delays plaguing customer freight, citing employee resistance to planned transitions.
A spill of propyl acetate from a “K” Line containership at the Port of Long Beach injured 12 longshoremen and one firefighter Sunday morning, Southern California port has confirmed.
During the month, the United States exported $194.4 billion in goods and services, up 1.2 percent from May, as the weakened U.S. dollar makes U.S. goods less expensive, and therefore more desirable, overseas.
Sulfur and petroleum fires from the 32-car derailment in Hyndman, Pa. last week have been extinguished, but the incident is still causing freight to be rerouted and delayed in the area, according to CSX.
U.S. Gulf Coast ports are expected to benefit more than East Coast ports in the near term, and to the detriment of West Coast ports, according to a recent report from JLL.
The global logistics provider saw net profits jump 12.1 percent year-over-year to $55.6 million for the second quarter, stating that much of the growth was contributed by the company’s infrastructure group.
The union representing workers at the Jakarta International Container Terminal called the strike on Aug. 3 and say the labor action could last until Aug. 10.
A new trade pact between the United States and China announced July 19 should increase exports of U.S.-grown rice through the West Coast, according to officials at the Port of Oakland.
The Justice Department on Friday filed permanent injunctions against three New York companies and their owners to stop importing and selling potentially dangerous toys until certain measures are taken by these firms to clean up the problem.
The master of a multi-purpose cargo vessel was arrested on Friday in New Zealand for exceeding the alcohol limit for a seafarer, according to Maritime New Zealand.
The Qatar-based company is expanding its operations within Oman to include warehousing and third-party logistics services since having transferred its transshipment hub to Sohar, Oman.