The U.S. Federal Maritime Commission has received 10 ocean transportation intermediary license applications and changes for review.
Executive Moves: Consolidated Chassis Management and SEKO
Consolidated Chassis Management names new president, and SEKO Logistics hires chief commercial officer.
Tesla delays all-electric semi truck release due to Model 3 ‘bottlenecks,’ Hurricane Maria
The electric automaker will focus on solving current production issues with its Model 3 car, along with Hurricane Maria relief efforts in Puerto Rico, before releasing its long-awaited semi truck, Tesla CEO Elon Musk said in a tweet last week.
ITC: U.S. awash in laundry machine imports
The U.S. International Trade Commission (ITC) has unanimously determined that large residential washing machines are being imported into the United States at such increased quantities that they have caused serious injury to domestic producers.
NAFTA trade totals $89.2b in July
Cross-border trade between the United States and its partners in North American Free Trade Agreement (NAFTA) experienced its ninth straight month of year-over-year growth in July 2017, according to data from the Bureau of Transportation Statistics (BTS).
U.S. trade deficit shrinks in August
The U.S. trade deficit in August totaled $42.4 billion, slightly lower than analyst expectations and a 2.7 percent drop from July, according to recent data from the Department of Commerce.
Diana Containerships to sell seven vessels
The Athens-based ship owner has entered into an agreement with an undisclosed third party to sell up to seven of its containerships for a total value of $104 million, according to a statement from the company.
AAR: U.S. rail traffic up 0.7% in September
Eight of the 20 carload commodities tracked by the Association of American Railroads (AAR) were on the rise in September 2017 compared to the same period a year prior, according to recent data from the association.
Port of Houston could lower tariff charges due to Hurricane Harvey
A meeting of the Port Commission of the Port of Houston Authority on Wednesday revealed that Executive Director Roger Guenther has the authority to lower tariff charges, according to the Houston Chronicle.
U.S. aims to ‘improve outcomes’ of KORUS
The White House moved forward this week to further talks with South Korea to amend the free trade agreement between the two countries, known as KORUS.