The U.S. Federal Maritime Commission has received 34 ocean transportation intermediary license applications and changes for review.

The two bills introduced Tuesday by Sen. Bob Menendez, D-N.J., would terminate Generalized System of Preferences benefits for countries that do not meet “minimum standards” for the elimination of human trafficking and certain labor standards.

The predictive trade index is designed to help the market understand the direction of ocean freight and airfreight trade growth.

The board of commissioners of the U.S. Gulf Coast port agreed to award up to $300,000 to AECOM Technical Services LLC to evaluate a 675-acre piece of land for a second container facility, New Orleans City Business reported.

Net earnings totaled $552 million for the quarter, a sharp increase from $130.3 million for the fourth quarter of 2016, thanks to U.S. tax reform, which resulted in a $488 million reduction to deferred tax liability.

The Scandinavian port said one reason for the downturn was a long-running labor dispute between the Swedish Dockworkers’ Union and terminal operator APM Terminals.

General rate increases from Asia to the U.S. East Coast gathered traction this week, with the Shanghai-New York trade strengthening by 18 percent from last week to reach $2,869 per FEU, Drewry reported.

The interim measures, developed from working groups with participation from airport stakeholders, aim to address factors that contributed to issues like ground equipment failures that occurred during a recent storm.

Norfolk Southern CEO Jim Squires told reporters at a rail conference outside Chicago Thursday that the railroad is working towards a more “stable, resilient network” for 2018, according to a report from Reuters news service.

The Texas-based rail logistics provider will utilize blockchain technology in a new cloud-based platform titled RAILChain.