Eight spots now are available daily to provide additional capacity.
U.S. trade deficit falls in March
A delegation in Beijing last week worked on “improving China’s protection of intellectual property and identifying policies that unfairly enforce technology transfers.”
Container industry could face feeder vessel shortage
SeaIntel says if charter rates for feeders increase, the pricing spread between services calling direct port-port pairs and transhipment products could widen.
CEVA kicks off IPO
Stock in the third-party logistics provider began trading on the SIX Swiss Exchange on Friday at an initial price of 27.50 Swiss francs per share.
Self-driving technology hits speed bumps
Multiple accidents have put automated cars and trucks in the hot seat.
Census writing routed export transaction rules
The bureau received 53 formal comments in response to an advance notice of proposed rulemaking for transactions in which a foreign buyer contracts with a U.S. agent to facilitate exports from the United States.
Capacity in most modes ‘extraordinarily tight’
According to the latest Cass Freight Index Report, the continued growth of shipments “is yet another data point confirming that the strength in the U.S. economy continues to accelerate.”
United, Lufthansa cargo joint venture takes flight
The cooperative effort allows the two carriers to manage sales and bookings for standard and express shipments between Europe and the U.S.
U.S. Customs hopes to set e-comm standards
A two-page proposal that will be considered in June could postpone the release of a final World Customs Organization framework for another year.
Invoicing, payment inefficiencies cost $34.4 billion
Drewry study says manual processing and “cash against documents” are costly for liners, forwarders and NVOCCs.