The parcel carrier’s expedited shipping segment will raise prices by an average of 3.9 percent in Germany, effective Jan. 1, 2017, with prices in other countries varying based on local conditions, the company said in a statement.
The total value of cross-border freight between the United States and North American trading partners Canada and Mexico slipped another 6.4 percent year-over-year in June 2016, according to the Bureau of Transportation Statistics.
The London-based shipping research and consulting firm said that as currently planned, “The Alliance” will be “at a size disadvantage,” making up 24 percent of East-West capacity.
The South Korean carrier said certain providers have been charging its customers more than what it would have charged to transport cargo and has tried to intervene, taking its concern up with the Federal Maritime Commission.
The Massachusetts Port Authority said the Conley Terminal will be upgraded with an additional berth and three new cranes, while the Boston Harbor will be dredged to accommodate 12,000-TEU vessels.
The less-than-truckload-technology provider, best known for supplying rate and transit time data to the industry, has added application programming interface (API) capabilities to its platform.
Matt Rose, chief executive officer of the Berkshire Hathaway-owned Class I railway, said federal regulators should consider how the sharp decline in coal traffic is affecting the nation’s railways.
Regulators in the United Kingdom ordered Amazon UK Services Ltd. to pay 65,000 British pounds (U.S. $84,288.92) for four counts of “causing dangerous goods to be delivered for carriage in an aircraft,” according to the country’s Civil Aviation Authority.
The parcel giant and unmanned aircraft manufacturer CyPhy Works have begun joint testing of drone usage for commercial package delivery in remote or difficult-to-reach locations.
The U.S. Export-Import Bank and the Eastern and Southern Africa Trade and Development Bank signed a memorandum of understanding to expand trade opportunities between the United States and sub-Saharan Africa.
The U.S. International Trade Commission concluded that proposed modifications to the U.S.-Chile Free Trade Agreement’s rules of origin involving certain yarn-based fabrics will have minimal effect on U.S. industry and trade.
Maersk Group’s intra-Americas regional carrier SeaLand said its West Coast Central America service has begun including a direct call at the Port of Hueneme in Southern California.
The Commerce Department has determined that several Indian manufacturers of welded stainless pressure pipe are dumping their product on the U.S. market.
Oslo, Norway-based Xeneta, a global benchmarking and market intelligence firm with a focus on the containerized ocean freight industry, has opened its first U.S. office in New York City.
Watco Supply Chain Services has introduced a new international division that will operate as a registered non-vessel operating common carrier and an indirect air carrier, the company said in a statement.
The effects of the South Korean carrier’s decision to file for court receivership at the end of August is being felt widespread across thousands of businesses throughout the world.
Governments at all levels are grappling with how to deal with cross-border electronic commerce. Customs administrations worldwide have raised concerns about illicit goods, undervaluation, product safety, and more. International organizations like the World Trade Organization, regional groups such as APEC, and national customs administrations are all discussing e-commerce, but the path forward is far […]
As the pace and scope of global regulation around tax avoidance strategies continues to increase, transfer pricing policy is becoming top-of-mind for multinational companies. Of particular interest is how intra-company transfer pricing and customs work together—or sometimes don’t—so I asked Sam Cicogna, my colleague and a transfer pricing expert, to help me uncover some […]
Danish conglomerate A.P. Møller-Maersk is probably best known as the parent company of the world’s largest container shipping company, Maersk Line; the world’s third largest container terminal operator, APM Terminals; and freight forwarder Damco. But the company has always had other dimensions. In recent years, the Maersk Group has narrowed its focus […]
At the beginning of August, the Canada Border Services Agency (CBSA) implemented the first phase of its Assessment and Revenue Management Project, fundamentally changing how Canadian importers do business with the agency. For businesses used to receiving a refund check from CBSA for overpayment of duties and fees, the change to credit offsets […]
