Federal Maritime Commissioner William P. Doyle said SM Line plans on launching a transpacific service and eight intra-Asia services.
Infrastructure investment may be much more important for U.S. exports than FTAs
India’s move to demonetize its currency might harm export reputation
Will trade action save the under-pressure U.S. aluminum industry?
As Washington contemplates import penalties, retailers focus on innovations
CEOs of importers will be forced to consider public and private ramifications of their strategies
President-elect Donald Trump warned German automakers of a 35 percent tariff on imports from Mexico if they continue producing cars there instead of building them in the United States.
Alain Bédard, chairman, president and chief executive officer of TFI International, formerly known as TransForce, said the acquisition diversifies the company into the medical last mile business.
The United States and Paraguay recently negotiated the Trade and Investment Framework Agreeement, establishing a platform for the two countries to discuss a range of bilateral economic issues.
President Obama has designated Missouri Democrat Rhonda Schnare Schmidtlein chairman of the U.S. International Trade Commission for a term that will expire June 16, 2018.
The port handled a record 2.65 million TEUs in 2016, a 4.2 percent jump from 2015, with increases in both imports and exports.
The new pool is scheduled to launch Monday and will be managed by Consolidated Chassis Management on behalf of the North American Chassis Pool Cooperative.
The Canadian port handled 10 percent more cargo in 2016 and opened a new container terminal in the Viau sector in November.
The Institute of International Container Lessors appoints new chairman, Dayton Freight promotes three employees to service center positions, and Page International names director of sales.
Judge John Sherwood decided to confer with the South Korean court before making a decision about Hanjin’s sale of its 54 percent stake in Total Terminals International to 46 percent minority owner Terminal Investment Ltd.
Drewry’s investment research arm said it believes CMA CGM of France is best positioned among the major carriers to be a perfect suitor for Orient Overseas (International) Limited, the parent company of Hong Kong-Based OOCL.
E-commerce growth, products no longer being fully built at just one facility, and “building to order” replacing “building to stock” have resulted in a more complex supply chain.
The Georgia Ports Authority and the South Carolina Ports Authority signed an agreement in 2015 to develop the Jasper Ocean Terminal, which will be jointly owned and operated by both port authorities.
Sean Monahan, a 30-year supply chain practitioner and partner with A.T. Kearney, said that uncertainty on growth rates, trade flows, transportation rates, fuel costs, technology and other factors will make decisions hard for supply chain professionals.
The Shanghai Containerized Freight Index’s increases on the Shanghai to U.S. trades were partially offset by declines on the Shanghai to Europe/Mediterranean trades.
