U.S. Customs and Border Protection is ready to follow through on President Trump’s directives to whittle down the number of regulations on the books, but CBP Acting Commissioner Kevin McAleenan assured that facilitating trade flows will remain a priority.
Lower Mississippi River could gain new container port
Plaquemines Port Harbor & Terminal District and American Patriot Holdings, LLC want to build a container port and river vessel to move containers to and from ports on the Mississippi and Illinois rivers.
FMC provides date for new rule amending service contracts, NSAs
The U.S. maritime regulator said its final rule amending requirements for service contracts and NVOCC service arrangements, announced earlier this month, will become effective May 5, 2017.
Special Coverage: Ocean freight invoicing errors
Freight invoicing errors are bleeding shippers, NVOs and even carriers, one small cost at a time.
MOL acquires stake in Malaysian logistics company
Japanese ocean carrier Mitsui O.S.K. Lines has purchased a 20.9 percent share in PKT Logistics Group, a provider of end-to-end logistics solutions, including freight forwarding, customs brokerage, contract logistics, haulage, and distribution.
Yusen merges Turkish subsidiary with İnci Lojistik
Yusen Logistics Turkey has merged with İnci Holding subsidiary İnci Lojistik to form a new joint venture company, Yusen İnci Lojistik, which will begin operations on April 1, 2017, the companies said in a joint statement.
Commerce ups U.S. Q4 2016 GDP estimate
United States gross domestic product increased 2.1 percent in the fourth quarter of 2016, according to the “third” estimate from the Department of Commerce, up from a previous estimate of 1.9 percent.
Yang Ming losses double in tumultuous 2016
The Taiwanese ocean carrier reported a loss of 14.91 billion Taiwan new dollars (U.S. $492.1 million) for the full year in 2016 compared with TWD 6.46 billion the previous year, according to the company’s latest filing with the Taiwan Stock Exchange.
APMT Mobile to gain new business
Walmart is opening an import distribution center in Mobile, Ala., which is expected to significantly boost cargo volumes at APM Terminals Mobile.
Executive Moves: Crane Worldwide and Danish Shipowners’ Association
Crane Worldwide Logistics hires vice president of global sales, while Danish Shipowners’ Association appoints director for European Union affairs.