The prime minister’s office billed the revamped regulations being developed as a brace against trans-shipment and other illicit foreign trade practices.
AIIS: U.S. steel imports ‘plummet’ in February
Imports of steel to the United States stood at 2.36 million net tons in February, an 18 percent drop from the previous month and a 13 percent year-over-year decline, according to the latest data from the American Institute for International Steel (AIIS).
ICS seeks compromise on CO2 strategy
Without compromise, there is a risk of no agreement on a meaningful strategy to cut down on carbon dioxide emissions, the International Chamber of Shipping said.
Delta, Air France/KLM share Seattle warehouse
The cargo divisions of Delta Air Lines and partner Air France/KLM have placed their cargo operations into a single warehouse at the Seattle-Tacoma International Airport.
State Dept. designates global terrorist
The State Department added Katibat al-Imam al-Bukhari and nine associated aliases to its list of Specially Designated Global Terrorists.
Updated KORUS includes new customs, currency and pharma text
The United States and South Korea also reached agreements on investor-state dispute settlement and trade remedy processes, in addition to changed automotive trade disciplines.
Commerce ups U.S. Q4 2017 GDP growth estimate
United States gross domestic product (GDP) increased at an annual rate of 2.9 percent in the fourth quarter of 2017, according to the “third” estimate from the Department of Commerce, down from 2.5 percent from its previous projection.
Hapag-Lloyd’s future looks bright after strong 2017
Thanks to its merger with UASC last May, Hapag-Lloyd has strengthened its presence on routes between Asia and North Europe, and now has the strong fleet it needs to prosper, according to Hapag-Lloyd CEO Rolf Habben Jansen.
Gulftainer to take over Delaware’s Port of Wilmington?
The board of the Diamond State Port Corp., which oversees the Port of Wilmington, is scheduled to consider Gulftainer’s proposal April 6, John Haroldson, director of marketing and trade development at the port told American Shipper.
GSA: Rising protectionism, red tape threaten global economy
The Global Shippers’ Alliance also expressed concerns over “de-globalization” during its general assembly in Hong Kong on Monday and Tuesday, pointing out how the percentage of gross domestic product depending on cross-border flows has declined.