U.S. Customs and Border Protection’s post-9/11 supply chain security program is ready for an update, but the industry has remained concerned about implementing changes.
Port of Long Beach thrives in 2017
The Southern California port handled a record 7.54 million TEUs in 2017, surpassing the previous record of 7.31 million TEUs set in the pre-recession year of 2007.
Canada expected to make NAFTA auto proposal this week
Canada is expected to propose that content percentages under the revised trade deal account for “a whole host of things” not directly related to manufacturing, according to Jerry Dias, president of Unifor, a union representing Canadian auto workers.
North American rail coalition urges NAFTA negotiators to stay at the table
Railroad industry associations from the United States, Canada and Mexico sent a rare joint letter to their respective trade negotiators as the latest round of discussions over a new North American Free Trade Agreement (NAFTA) got underway in Montreal.
CN earnings pick up steam in Q4 2017
Montreal-based Class I railroad Canadian National (CN) saw its net income spike 156 percent for the quarter to $2.61 billion Canadian (U.S. $2.11 billion) compared with the same 2016 period, boosting full-year 2017 earnings 51 percent to C$5.48 billion.
Norfolk Southern posts $3.9b net income for Q4 2017
The Class I railway also reported operating revenues of $2.7 billion for the quarter, up 7 percent year-over-year, as overall volumes ticked up 5 percent thanks to intermodal, coal and merchandise growth.
Höegh adds calls to Baltimore, Jacksonville
The car carrier will add calls to the ports of Jacksonville, Fla. and Baltimore in March.
Crowley assists in power restoration on island near Puerto Rico
The Jacksonville, Fla.-based shipping company provided ocean transport, trucking, delivery coordination, port services and freight forwarding of breakbulk supplies and utility-related equipment to the island of Vieques.
CNC Line, APL to commence Asia container loop
The two subsidiaries of French ocean carrier CMA CGM will begin offering a weekly service between China and Southeast Asia in February.
Lufthansa Cargo among investors in forwarding marketplace Fleet
The platform, which allows shippers to compare rates and services among 500 freight forwarders, will use a $10 million investment to expand operations and functions.