President Obama has taken a full-court press approach to promoting the benefits of the now finalized Trans-Pacific Partnership with the goal to win over the American public.
USTR outlines trade benefits of TPP
After completing the long-awaited Trans-Pacific Partnership agreement on Monday, the Obama administration now faces its next challenge: promoting the trade pact to Congress and voters.
TNT stock price falls following earnings warning
Just prior to announcing the board of TNT Express had approved its sale to FedEx, the company issued an investor alert warning shareholders that third quarter 2015 profits would be “materially lower” than in the third quarter of 2014.
TIACA: Refugee crisis causing cargo delays in Europe
A massive influx of refugees fleeing the war in Syria has resulted in increased wait times at border crossings and reduced volumes for trucking carriers, according to the International Air Cargo Association.
Japanese lines restructure intra-Asia loops
Ocean carriers NYK and “K” Line will split their joint MET/Jaseco-5 service into two loops, while NYK will separately terminate its PHX2 string and adjust its PHX1 service.
Port of Catoosa taps Barnhart for temporary crane service
The inland river port in Northeast Oklahoma established an agreement with Barnhart Crane & Rigging Co., which will place a crane at the port for a limited time while the port’s main dock undergoes a renovation project.
AA Cargo enhances temperature-control program
The cargo segment of American Airlines will implement Envirotainer’s RKN e1 and RAP e2 containers to its lineup of healthcare shipping solutions starting Nov. 1.
Executive Moves: ConAgra Foods and SAL
ConAgra Foods appoints chief supply chain officer, while heavy-lift ship operator SAL names project department head.
NTSB begins investigation into El Faro disappearance
As the U.S. Coast Guard continues to search for survivors, experts say the now-likely loss off the TOTE Maritime cargo ship could be the worst disaster involving a U.S. flag vessel in decades.
APMT’s new terminal in Lazaro Cardenas receives first cranes
The terminal operator took delivery of the three ship-to-shore container cranes and two rail-mounted cranes for the APM Terminals’ new TEC2 terminal at the Port of Lazaro Cardenas, which is scheduled to commence operations in 2016.