The United States trade deficit increased 5.3 percent ($1.9 billion) in April 2016 compared with March, but has shrunk 4.8 percent year-over-year during the first four months of the year.

The world’s food-import bill is set to drop below $1 trillion in 2016 due to declines in grain prices and lower freight rates that have more than compensated for increased imports, according to a report from the United Nations.

The Green Brook, New Jersey-based energy storage startup offers grid-scale lithium-ion battery systems encased in specialized shipping containers that can be stacked like Legos as a cheaper alternative to traditional power delivery models.

South Carolina Council on Competitiveness hires logistics industry director, while XPO Logistics appoints HR chief and ICS elects new chairman.

The U.S. Fish & Wildlife Service will prohibit interstate commerce in elephant ivory, while the airline industry says it will also endeavor to reduce illegal wildlife trafficking.

Under the three-year deal with global aluminum manufacturer RUSAL, annual cargo volumes could reach 10,000 TEUs, according to Danish ocean carrier Maersk Line.

Continued weighing at port facilities might provide a convenient way for exporters to comply with the upcoming International Maritime Organization verified gross mass container weight regulations due to go into effect at the beginning of next month.

The parcel giant announced today that after the official post-closing acceptance period, FedEx owns 98.45 percent of all TNT Express stock and will commence a statutory buy-out for the remaining shares in third quarter 2016.

The third party logistics provider closed on its purchase of Apex Maritime, a top three non-vessel operating common carrier in terms of Asia-U.S. import volumes, according to trade data firm Datamyne.

The Gulf Coast port’s Napoleon Avenue Container Terminal transported 99,568 TEUs in March and April combined, which is more than it has transported during any two months in the port’s history.