The U.S. Export-Import Bank will extend financial assistance to exporters and financial institutions located in the Texas Gulf coast and Louisiana, as well as Florida, which were negatively impacted by the two recent hurricanes, the agency said.
U.S. Lumber Coalition: Cheap Canadian softwood imports harm domestic producers
The trade association on Tuesday told the International Trade Commission (ITC) its members are financially harmed by imports of Canadian softwood lumber, but Canada’s largest lumber producer begs to differ.
NTSB schedules meeting to determine cause of El Faro sinking
The National Transportation Safety Board (NTSB) is scheduled to meet on Dec. 12, 2017 in Washington, D.C. to determine the probable cause of the October 2015 sinking of the TOTE Maritime cargo vessel El Faro.
Port of Rotterdam Authority makes $3.57m available for barge congestion solutions
The port has struggled with bottlenecks and long wait times for inland cargo for months, leading the port authority to meet with stakeholders to open up funds and discuss solutions.
Global Ship Lease extends CMA CGM time charters
The containership owner signed time charter extensions with CMA CGM for two 2,207-TEU vessels.
Amber Road ramps up for PGA data mandates
The global trade management software provider has focused recent enhancements on allowing users to more easily adapt to fast-changing data requirements of CBP’s Automated Commercial Environment (ACE) single window initiative.
Commerce finds subsidies in Chinese tool chest imports
The Commerce Department has determined that Chinese-made tool chests and cabinets that are imported into the United States receive unfair subsidies from the Chinese government.
Tigers commences China-Germany rail service
Launched earlier this summer, the rail service connects full-container-load (FCL) and less-than-container-load (LCL) cargo from Germany to China via a 16-day transit time, according to Hong Kong-based logistics company Tigers.
FMC reviews 18 OTI license applications
The U.S. Federal Maritime Commission has received 18 ocean transportation intermediary license applications and changes for review.
Executive Moves: NFTC, Tiger Cool Express and Prince Rupert Port Authority
The National Foreign Trade Council (NFTC) appoints new board chairman, Tiger Cool Express names chief executive officer and the Prince Rupert Port Authority’s president and CEO retires.