World’s third-largest container shipping company obtained all regulatory approvals to become a 24.99 percent shareholder in the asset-light third-party logistics provider.
Impact of trade war expected to grow over time
Briefings by Drewry and Port of Long Beach say effect this year may be mild but become a bigger issue if tariffs become more widespread.
With $400 million will come ZTE ban lift
The denial order currently prohibiting U.S. firms from exporting to the Chinese telecom giant again will be suspended once money is in escrow.
Coalition wants U.S. to take stand on Chinese racks
Commerce launches antidumping and countervailing duty investigations of imported steel products.
BluJay updates global trade network platform
Version 18.2 delivers full multimodal support, compliance enhancements for multiple countries and extended mobile capabilities.
Senate passes motion for voice in tariff decisions
The language might not gain traction in the House, where Speaker Ryan has said he doesn’t want to “hamstring” the president’s negotiating authority.
Envirotainer getting new private equity owner
Cinven will acquire supplier of temperature containers used to move pharmaceuticals by air.
Executive Moves: GSO, Paxxal, SeaCube
Swart tapped as president; Hunt named COO; and Tuthill hired as CCO.
Kuehne + Nagel opening logistics hub in Chile
Santiago facility dedicated to pharmaceutical and healthcare industry.
Los Angeles, Antwerp ports hosting hackathon
Organized under the chainPORT initiative, the competition is designed to find new technology solutions for the port and maritime industry.