Mediterranean Shipping Co. and Hapag-Lloyd are scheduled to launch a new loop between Europe and the East Coast of South America at the end of September that will deploy nine vessels with an average capacity of 9,000 TEUs.

Elizabeth Erin Walsh was sworn Thursday as the Commerce Department’s new assistant secretary for global markets and director general of the U.S. and Foreign Commercial Service.

The Chicago O’Hare International Airport’s second phase of its Northeast Cargo Center opened Thursday as cargo volumes at the airport continue to soar.

South Korea on Thursday agreed to lift its ban on imports of U.S. poultry products and added a temporary measure to allow U.S. fresh eggs to enter the country duty free.

The state legislature voted to award the Taiwanese technology firm a $3 billion package to build a 2 million square-foot facility in Wisconsin.

Although spot container rates declined from Shanghai to Europe, the Mediterranean and the U.S. East Coast since last Friday, rates from Shanghai to the U.S. West Coast experienced a slight increase, according to the Shanghai Containerized Freight Index.

The U.S. government has entered a new agreement with Colombia that will ease some of the previous requirements on U.S. paddy rice exported to the South American country, according to the U.S. Department of Agriculture.

The Thailand-based container shipping line posted a net profit of 163 million Thai baht (U.S. $5 million) for the second quarter of 2017 on revenues of THB 2.8 billion.

U.S. solar panel manufacturers SolarWorld and Suniva say their days are numbered without relief from a flood of cheap imports China and Taiwan.

Jacksonville, Fla.-based ocean carrier TOTE Inc. says the launch of the proposed new loop is dependent primarily on acquiring two things: newbuild vessels for the trade and a Hawaii marine terminal from which to operate.