For customs valuation purposes, the use of the transfer pricing method to calculate transaction value faces an uncertain future in the EU, as a European Court of Justice ruling could inhibit companies’ ability to make post-importation corrections.
Trucker Tools picks up $4.4 million investment
The freight-matching solutions provider will use the new funding to accelerate product development and implementation.
SGL takes majority stake in Malian 3PL
Danish company aims to better serve customers moving goods through West African ports.
Jamaica creates Special Economic Zone Authority
Prime minister wants to “show off our prowess in business, finance, trade and commerce” and logistics.
UPS, Teamsters reach five-year Freight labor pact
Threatened strike averted with agreement hammered out before Aug. 1 deadline.
Yilport seeks port concession in Taranto
The fast-growing Turkish port operator seeks to handle multipurpose terminals in southern Italy port.
Multipurpose shipping multilayered
The market outlook is improving, although earnings are not rising at the same pace as rates and demolitions are outstripping newbuilds.
Imports peak at Port of Oakland in June
Ports says volume could be a sign of strong peak season or shippers may be getting jump on tariffs.
Japan reopening borders to U.S. lamb
For the first time in nearly 15 years, Japan will allow imports of sheep and goat meat from the United States.
2M Alliance scaling back Asia-North Europe trade
Seasonal market reductions blamed for service suspension.