The Northwest Seaport Alliance’s year-over-year increase in international container volumes in February offset a decline in domestic container traffic.
FedEx beats on earnings, revenues in Q3 FY2018
The Memphis-based parcel giant reported a net income of $2.07 billion in the third quarter of its fiscal 2018 year, up a whopping 257 percent from the same period last year, thanks in large part to an estimated $1.53 billion reduction in tax liability.
Deeper unity needed on transnational threats, experts say
National security experts have detailed the links between groups like Hezbollah and ISIS with transnational criminal organizations.
Swift Navigation launches cloud-based GNSS service
The technology firm has introduced Skylark, a cloud-based, high-precision global navigation satellite system service for autonomous vehicles.
Commerce says steel flange imports dumped
The U.S. Commerce Department is scheduled to announce its final determinations on stainless steel flange shipments from China and India by June 5.
Florida man pleads guilty to illegal exports
The U.S. Justice Department said Vladimir Nevidomy is facing a maximum of 5 years in prison for conspiring to illegally export military-grade night vision and ammunition primers to Russia, with sentencing scheduled for May 25.
Talking Trade with Gary Hufbauer
Peterson Institute for International Economics nonresident senior fellow Gary Hufbauer spoke with the Adam Smith Project about various trade issues.
Puerto Rico’s post-hurricane operations
Domestic container carriers ramped up capacity by adding vessels, containers and manpower to carry cargo for emergency relief and rebuilding efforts.
Shoe firms urge Trump against tariffs on China
The companies fear President Donald Trump could assess tariffs on footwear pursuant to the administration’s “Section 301” investigation expected to be completed this week.
Load-matching startup snags $50m
KeepTruckin’s latest venture capital infusion has kept momentum rolling in the hotter-than-hot freight-matching technology market.