The World Trade Organization on Tuesday said most of the participating countries in the newly expanded Information Technology Agreement have implemented their tariff commitments under the deal.
During a recent World Trade Organization’s Committee on Anti-Dumping Practices meeting, China and Russia questioned U.S. and EU measures for calculating dumping margins on their steel products.
The Hong Kong-based containership lessor in Q3 2016 took impairment charges of $202.8 million related to ten ships under 5,000 TEUs in capacity and another $18.9 million related to the bankruptcy and subsequent default of Hanjin Shipping.
Effective Nov. 1, 2016, persons and organizations importing, handling or transporting crude oil into and within Canada are no longer legally allowed to use the older, less-reliable DOT-111 tank cars, Transport Canada said in a statement.
Darien, Conn.-based short line railroad operator Genesee & Wyoming Inc. reported net income of $56.8 million on revenues of $501 million during third quarter 2016, year-over-year decreases of 10.4 percent and 8.3 percent, respectively.
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service has proposed updating its regulations to allow the import of Hass avocados from Colombia into the United States.
The all-cargo airline will commence a four-times-weekly service between London Gatwick Airport and Fort Lauderdale, Fla., as well as a three-times-weekly route from Gatwick to Oakland, Calif., starting in March 2017, the company said in a statement.
The Transportation Intermediaries Association appoints VP of education and DSV Road North America names president, while Chapman Freeborn selects chief commercial officer and the American Association of Port Authorities installs 2016-2017 chairman.
The A.P. Møller-Maersk conglomerate, which includes Maersk Line, APM Terminals, and energy related divisions like Maersk Oil, reported an underlying profit of $426 million in the third quarter of 2016, a 35.6 percent decline from third quarter 2015.
Representatives from the Pacific Maritime Association and the International Longshore and Warehouse Union met Tuesday and discussed a possible extension of their current contract, which runs through June 30, 2019.
However, the trade deal, known as the Comprehensive Economic and Trade Agreement, still must be approved by nearly 40 regional and national parliaments in Europe before it can be implemented.
Work on the project, expected to nearly double the size of the Wilmington, Calif.-based terminal operator’s facility at the Port of Oakland, could begin as early as this month, the Northern California port said in a statement.
In the final months of the Obama administration, officials at the Commerce Department’s Bureau of Industry and Security said they remain as busy as ever on the reform of the nation’s export control system.
The Danish global transport and logistics provider reported 692 million Danish krone (U.S. $102.7 million) in adjusted earnings on DKK 17.2 billion in the third quarter of 2016, year-over-year increases of 14.8 percent and 37.3 percent, respectively.
The environmental incentive program, designed for ship users who meet high efficient standards, will being Jan. 1 and participation is optional.
The national postal carrier of Argentina has tapped Deutsche Post DHL Group to provide expertise in logistics services, supply chain infrastructure, and domestic and international parcel service as part of an operational restructuring.
The global third-party logistics provider has opened a new branch office in Hanoi, Vietnam, as well as new facilities in Hong Kong and Mumbai, India, the company said in a statement.
The international oil shipping services provider reported net profits attributable to owners of the company tumbled 37.4 percent year-over-year for the first nine months of 2016, while revenues fell 13.3 percent from the same 2015 period.
Singapore Post Limited said its new Regional eCommerce Logistics Hub at the Tampines Logistics Park is its largest eCommerce logistics investment in Singapore to date.
The non-vessel-operating common carrier said a Gothenburg-to-Atlanta service will launch next month.
