After a closure that occurred this summer, the U.S. Export-Import Bank is now back in business after Congress reauthorized its charter on Dec. 3 as part of a long-term transportation bill.
U.S. transportation hiring bounces back in November
Companies in the transportation and logistics sector added 6,400 jobs in November, bouncing back from a decline in October, according to the U.S. Department of Labor.
TOTE containers washed overboard en route to Puerto Rico
The United States Coast Guard said a TOTE Maritime barge has been diverted to the Port of Palm Beach after “up to 25” containers were lost after the vessel left Port Canaveral.
UAE container terminal prepares for expansion
The Khalifa Port Container Terminal, strategically located between Abu Dhabi and Dubai, will take delivery of new equipment and increase its overall annual container handling capacity from 1.9 million TEUs to 2.5 million TEUs.
Siemens to use Amber Road for China trade management
German engineering and tech conglomerate Siemens, one of the largest foreign investors in China, will use the global trade management software provider’s tools to manage China’s General and Processing Trade program requirements.
Crowley adds 400 reefer containers to equipment fleet
The U.S.-owned and operated marine solutions, transportation and logistics company added 400 new refrigerated cargo containers to its equipment fleet to accommodate Central America’s heavy northbound reefer season, which is currently underway.
Canada prepared to retaliate for unresolved U.S. COOL issues
In response to the green light issued by the WTO on Monday, Canada warned that it’s prepared to impose import tariffs of up to $1.054 billion on numerous U.S. goods due to the United States’ failure to reform its country of origin labeling policy.
U.S. meat exports struggle in October
The United States exported 177,191 metric tons of pork and 94,524 metric tons of beef in October, year-over-year decreases of 2.8 percent and 14.0 percent, respectively.
Lakes limestone trade thrives in November
Limestone shipments on the Great Lakes totaled 3 million tons in November, a nearly 11 percent increase from November 2014.
IAG Cargo adds 26 new stations in Europe
The airline group added 26 new stations in Europe via its Vueling network, intended to open export business to companies in Europe’s smaller, provincial airports in addition to larger European hubs.