The Morris Plains, N.J.-based industrial conglomerate’s new Connected Freight solution is designed for high-value and perishable goods.
Meanwhile, the Hamburg-based shipping company on Wednesday published a lengthy question and answer document explaining the firm’s plans to restructure its debt.
The Commerce Department had determined that imports of steel reinforcement bar, also known as rebar, from Turkey and Japan are being dumped on the U.S. market at unfair prices.
The Canadian cargo airline posted net earnings of C$2.6 million (U.S. $1.91 million) for the quarter despite revenues rising 13.3 percent to C$87.1 million compared with the first quarter of 2016.
The troubled Taiwanese ocean carrier will charter the YM Wind and YM Wreath from Seaspan and GCI Group, respectively, in an effort to grow its overall fleet while reducing average vessel age, Yang Ming said in a statement.
The Japanese postal, banking and insurance conglomerate had a net loss attributable to the company of 28.98 billion yen (U.S. $261 million), less than the 40 billion yen loss it was projecting last month.
The European Union reported an 11.3 percent increase in agri-food exports in March 2017 compared with the same 2016 period, according to recent figures from the European Commission.
The Norwegian ocean carrier will deploy the Auto Energy, the world’s largest vehicle carrier capable of running on liquified natural gas (LNG), between Southampton, U.K. and the Scandinavian region, the company said in a statement.
U.S. Trade Representative Robert Lighthizer said in a call with reporters Thursday morning the administration hopes to renegotiate the deal, rather than scrap it altogether, the Washington Post reported.
There is only a “negligible” chance of a Jan. 1, 2020 deadline for all ocean vessels to begin using low-sulfur fuel being postponed, according to Edmund Hughes, head of air pollution and energy efficiency at the International Maritime Organization.
U.S. Secretary of Transportation Elaine Chao told a Chamber of Commerce forum the nation’s transportation infrastructure is in need of repair, and the Trump administration will share its infrastructure investment plan in the next several weeks.
The U.S. Department of Justice and members of Congress are putting pressure on the Federal Maritime Commission to more closely examine ocean carrier antitrust immunity as it relates to joint contracting provisions in vessel sharing alliance agreements.
U.S. District Judge William Alsup said Uber likely knew or should have known that Anthony Levandowski took and retained possession of Waymo’s confidential files, but Waymo’s patent infringement accusations proved meritless.
In a ruling that could affect future trade negotiations, the Court of Justice of the European Union made a binding determination that the EU does not have the ability to act unilaterally to conclude a free trade agreement with Singapore.
The Pacific Coast Council of Customs Brokers and Freight Forwarders Association says Kevin McAleenan, President Trump’s nominee for commissioner of Customs and Border Protection, has earned its support over 10 years of engagement with the trade community.
The 20,170-TEU MOL Triumph docked at the HHLA Container Terminal Burchardkai (CTB) in the Port of Hamburg on Monday, making it the first vessel with capacity of more than 20,000 TEUs to ever call the German port.
The terminal operator arm of state-owned conglomerate China COSCO SHIPPING handled 8.6 million TEUs in April 2017, a sharp increase from 7.8 million TEUs in the same 2016 period.
The British International Freight Association named policy and compliance officer, while Hendry Marine Industries launched its new business development team.
Monitoring by the U.S. Federal Maritime Commission, however, shows individual ocean carriers within each vessel sharing alliance continue to “independently and vigorously compete on pricing,” according to Acting FMC Chairman Michael Khouri.
The Coalition for America’s Gateways and Trade Corridors kicked off its annual meeting in Washington, D.C., this week by highlighting 43 freight projects that need federal partnership.
