The world’s largest ocean carrier has projected Mexico’s container trade will grow 6 percent this year as the country continues to be fueled by various economic tailwinds.
Lawmakers push bill to codify export control reform
The Export Control Reform Act of 2018 would formally authorize the executive branch to administer export controls, thus increasing congressional oversight.
Cabinet officials set to testify next week in House trade hearings
U.S. Trade Representative Robert Lighthizer and Commerce Secretary Wilbur Ross will testify before the House Ways and Means Committee in separate hearings.
OECD raises global outlook, warns against ‘trade tensions’
Broad-based economic expansion is accelerating thanks to “robust” investment growth and increases in international trade, but risks remain in the form of rising trade tensions, according to the Organisation for Economic Cooperation and Development (OECD).
GAO says ACE ‘key functions’ in use, despite some issues
The Government Accountability Office recommended that U.S. Customs and Border Protection work with partner government agencies to finalize an Automated Commercial Environment (ACE) work plan.
AB InBev, APL, and K+N partner on blockchain trial
The consortium of companies, which also includes Accenture and a European regulatory agency, used a blockchain solution on 12 shipments to test its robustness.
Seaspan’s fleet size soars nearly 30% from GCI acquisition
Seaspan is increasing the size of its fleet by 29 percent through the acquisition of the remaining 89 percent of Greater China Intermodal Investments it did not already own.
Port of Oakland posts strong import growth in February
The California port handled 14.9 percent more loaded import containers in February from 12 months prior, reaching 174,902 TEUs.
Executive Moves: 300cubits and Cargojet
300cubits adds to advisory board and Cargojet appoints new board chairman.
IATA launches online tool for dangerous air cargo transport compliance
The International Air Transport Association has launched a new online air cargo tool, dubbed Dangerous Goods AutoCheck, to assist airlines, handlers, third-party logistics providers and shippers comply with dangerous goods requirements.