The settlement was agreed to just as a judge was preparing to issue a verdict in the case, with both sides saying that all parties have agreed not to appeal.
A.P. Moller-Maersk to hire 200 AI, big data engineers
The Danish shipping giant is beefing up its cyber security, automation and big data analytics by hiring “world-class talent” for its India-based digital technology center, according to local media outlet The Hindu.
ITC recommends duties on Chinese hardwood plywood imports
The U.S. International Trade Commission (TC) on Friday voted 4-0 to apply antidumping and countervailing duties on imports of Chinese hardwood plywood entering the United States.
Transglory launches new service between Tunisia and China
The new shipping service is expected to help Tunisia recover its regional market position and enhance China’s presence on the African continent, according to Barcelona-based freight forwarder Transglory.
CMA CGM taps Total for LNG fuel supply
The two French companies agreed that Total will supply 300,000 tons of liquified natural gas (LNG) per year for 10 years for CMA CGM’s nine newbuild mega-vessels.
FMC reviews 15 OTI license applications
The U.S. Federal Maritime Commission (FMC) has received 15 ocean transportation intermediary license applications and changes for review.
Executive Moves: NFI, Swissport International and InstaFreight
NFI names senior vice president of global logistics; Swissport International appoints VP head of group communications; and InstaFreight names managing director.
CBP reminds customs brokers of 2018 triennial status reports
Licensed customs brokers can begin turning in their 2018 triennial status reports on Dec. 15, with a final deadline for submissions of Feb. 28, 2018, U.S. Customs and Border Protection (CBP) said in a statement.
USTR: No ‘meaningful progress’ to curb excess steel capacity
The Office of the U.S. Trade Representative, which participated in the G20’s second meeting of the Global Forum on Steel Excess Capacity in Berlin this week, expressed overall disappointment at the international effort to curb excess steel capacity.