The U.S. International Trade Commission has started an investigation into the probable effect of providing duty-free treatment to currently dutiable U.S. imported goods from Canada and Mexico.
Import and export operations at the Brazil seaport have been halted due to strong winds and rains, negatively affecting refrigerated cargo for many local and international shippers, reports Reuters news service.
The nation’s trade deficit in goods and services stood at $47.6 billion in April, a 5.2 percent increase from March, surpassing the $46.5 billion deficit projection of economists polled by financial news outlet MarketWatch.
The Canadian government will provide C$867 million (U.S. $643.1 million) in federal loans and loan guarantees to the country’s forestry industry as it battles U.S. countervailing duty measures against softwood lumber shipments bound for the United States.
A joint endeavor by DP World Australia, DB Schenker, Hamburg Sud, and wine producer IUS has resulted in the successful completion of a 8,100-kilometer trial run of new, military-grade TBSx3 blockchain technology.
The newly formed MPC Capital subsidiary has acquired two 2,834-TEU containerships in addition to the seven vessels purchased late last month.
The Federal Aviation Administration has proposed a $435,000 civil penalty against United Airlines for allegedly operating a plane that was not in airworthy condition.
Darien, Conn.-based short line and regional railroad operator Genesee & Wyoming has completed its acquisition of the shares of Atlantic Western Transportation, parent company of the Heart of Georgia Railroad.
The Atlanta-based parcel giant also unveiled plans to spend $180 million constructing a new package processing hub outside of Phoenix, Ariz.
The number of containerships deployed between Asia and the U.S. West Coast with capacity for 13,000 TEUs or more has nearly doubled since the start of 2017, but carriers are still hesitant to introduce mega-ships on the trade.
President Donald Trump’s decision to withdraw the United States from the Paris Climate Agreement on Thursday has U.S. industry organizations worried about the impacts on future international trade.
The Bentonville, Ark.-based retail giant started testing the delivery service, which will utilize in-store employees as drivers, at three stores in the United States.
Logistics systems provider Descartes Systems Group has acquired the assets of Progressive Computer Services, known as PCSTrac, for $11.25 million.
The fiscal year budget will help the port stay “laser-focused on targeted infrastructure improvements, technology solutions and strategic resource use,” according to Port of Los Angeles Executive Director Gene Seroka.
Although the Shanghai Containerized Freight Index rose on trades from Shanghai to North Europe to the Mediterranean, it declined on routes to the United States.
The maritime shipping analyst is now predicting container volumes at ports around the world will grow 4.6 percent in 2017, up from a previous prediction of 2-3 percent annual growth.
The Pacific Northwest port is is finishing up the final two segments of the West Vancouver Freight Access project, as well as looking ahead to a revamp of Vancouver’s Terminal 1 facility for public commercial use.
According to PIERS Data, South Korean ocean carrier Hyundai Merchant Marine handled 13,186 TEUs per week on the Asia to U.S. West Coast trade in April 2017, up 73 percent from 7,604 TEUs per week the previous year.
After a 13 month free fall, truckload rates grew 1.3 percent in April 2017 compared to the same 2016 period, according to the latest Cass Truckload Linehaul Index.
Built in collaboration with Alpha Ori Technology, the two ‘AL-SAFE’ vessels delivered by Hanjin Heavy to Global United in Korea have been certified as safe by Lloyd’s Register’s cyber notations.
