The Commerce Department on Tuesday recommended countervailing duties be assessed on imports of stainless steel sheet and strip from China.
State-owned China COSCO Shipping has rerouted boxes from the Port of Piraeus in Greece to Slovenia’s Port of Koper along the Adriatic Sea due to rail worker strikes.
The board of directors of Canadian Pacific Railway Limited declared a quarterly dividend of $0.50 Canadian (U.S. $0.38) per share payable Oct. 24 to shareholders of common stock.
The freight division of Emirates, which commenced import cargo flights from Dubai to Columbus, Ohio’s Rickenbacker International Airport last year, said it plans to add frequencies, services and staff to the hub.
The e-commerce giant will add an 855,000-square-foot fulfillment center in Kansas City, Kan. that will ultimately employ more than 1,000 workers, its second such facility to be slated for the area this year.
Iron ore loadings from the United States on the Great Lakes and St. Lawrence Seaway in June primarily originated from Two Harbors, Minn. (1.4 million tons), followed by Superior, Wis. (1.3 million tons) and Presque Isle, Mich. (892,722 tons).
Vessel operators Marguisa, Maersk Line, Arkas Line and ZIM, along with slot takers CMA CGM and Hapag-Lloyd, will add calls to La Spezia and Genoa to their joint WAS service between the Mediterranean and West Africa.
APM Terminals has been unwittingly entangled in a bribery scandal surrounding Guatemala’s former president Otto Perez Molina as a result of its purchase of Spanish port operator Grup TCB, according to a report from Danish news outlet Fagbladet 3F.
The $46.5 million intermodal hub in Cedar Rapids will cover 75 acres next to the Smith-Dows railyard.
Both carriers have refuted analyst reports that industry leader Maersk Line intends not just to bring Hyundai Merchant Marine into the 2M Alliance it shares with MSC, but to merge with or buy the struggling South Korean line.
The European Commission has opened two separate in-depth probes into corporate tax exemptions granted by the French and Belgian governments to ports in an effort to determine if such benefits undermine competition with other EU nations.
The United Kingdom’s decision to leave the European Union, the refugee crisis, recent terror attacks, and low inflation levels were among the reasons the Washington-based fund lowered its projection for Eurozone GDP growth in each of the next three years.
Two dozen neopanamax vessels have transited the expanded Panama Canal since it opened June 26.
The mid-Atlantic port, which will be frequented by 10,300-TEU vessels starting at the end of this month, handled 216,672 TEUs in June, a year-over-year increase of 1.5 percent.
The Seattle-based terminal operator’s new Tuxpan Marine Terminal in eastern Mexico received its first customer last Monday with the arrival of the 4,178-TEU Hammonia Venetia.
Meanwhile, beef export volumes in May rose 12.4 percent year-over-year, while beef export value fell 4.2 percent year-over-year.
Meanwhile, longshoremen at the Floridian port on Tuesday will begin offloading cargo from the MOL Majesty, a 6,724-TEU vessel that transited the Panama Canal’s new locks last week.
Chattanooga, Tenn.-based technology incubator Dynamo , which was founded in March by industry veterans to help logistics startups accelerate their business opportunities, welcomed the first 10 startups out of more than 120 applicants.
The United States saw steel export volumes in May rise 1.1 percent from April, but fall 7.7 percent from May 2015, according to the American Institute for International Steel.
USAT Logistics announces half a dozen management hires and promotions, while the Northwest Seaports Alliance names operations service center and port operations heads.
