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.
Watco launches international ocean, airfreight forwarding unit
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.
GRI Roundup: Maersk Line, CMA CGM, Hapag-Lloyd and MOL
Ocean carriers Maersk Line, CMA CGM, Hapag-Lloyd and MOL announced “Freight All Kinds” and general rate increases on various trades.
Special Coverage: Hanjin’s insolvency creates widespread economic problems
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.
U.S. Ex-Im Bank expands relationship with Africa’s PTA bank
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.
Xeneta opens New York City office
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.
SeaLand adds call in Southern California
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.
SMC³ adds visibility, execution APIs to its platform
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.
Port of Boston undergoes various upgrades
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.
Hanjin arranges for container return, while FMC examines fees charged by MTOs
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.