The report by the United States Trade Representative outlines whether China is following its World Trade Organization commitments and how the U.S. is working to get the country to abide by its promises.
DB Schenker consolidates European logistics operations
The German logistics provider says the consolidation will provide more seamless service and lower costs for customers.
Transportation stocks take a tumble in 2015
The Dow Jones Transportation Average closed at $7,566.70 on Monday, Dec. 28, down nearly 18 percent compared to December 2014.
U.S. durable goods orders flat in November
New orders for manufactured durable goods grew $0.1 billion to $238.8 billion in November following a revised increase of 2.9 percent in October.
BIS proposes revised guidance for certain export penalties
The Bureau of Industry and Security has published a proposed rule to revise its guidance on charging and penalty determinations to settle administration enforcement cases involving alleged export control violations.
Peel Ports acquires Great Yarmouth Port Company
The U.K.-based port operator acquired Great Yarmouth Port Company Limited from International Port Holdings.
Port of Koper’s car shipments on the rise
The Slovenian port handled a record number of vehicles during 2015 and expects to see even stronger results in 2016 due to new businesses and regular connections with the Far East.
China Merchants Group to acquire freight forwarder Sinotrans
The Chinese government’s Assets Supervision and Administration Commission of the State Council has approved a reorganization of the two shipping companies that “aims to achieve economies of scale and synergies.”
Southern Calif. drayage company ordered to pay $6.9m in driver misclassification case
Fred Potter, head of the Teamsters port division, predicts the port trucking industry will have to convert from an independent contractor model to one of employee drivers.
Newark, N.J. seeks to maximize revenues for port
The city released a “Request for Expressions of Interest and Information (RFEII) for Maximizing Economic Benefits” and is looking at the possible use of Newark Port land by a private owner.