Jacques R. Saadé, founding president of the CMA CGM Group, passed away Sunday, June 24, 2018 at the age of 81.
Ship collision video hits YouTube
China Steel Innovator rammed into Evergreen’s Ever Laden at Taiwan port.
Council: Commerce should find way to revive Ex-Im
The Trade Finance Advisory Council recommended that the Trump administration consult with the Export-Import Bank to utilize ex officio members to get it fully functioning.
Governmental Notices for June 16 through 22, 2018
The following governmental notices may be of interest to our members and the trade: CBP’s current Bulletin containing Notice of Availability of the Bog Creek Road Project Draft Environmental Impact Statement, the Accreditation and Approval of NMK Resources, Inc. (Thorofare, NJ) as a Commercial Gauger, and a Comment Request, as…
UPS, Teamsters agree on contract terms
The tentative “handshake” deal averts what could have been the largest labor strike in the United States in more than 20 years.
Trump pushing private USPS, air traffic control
A sweeping Office of Management and Budget report proposes converting the Postal Service into a privately held corporation and spinning off air traffic control functions from the FAA.
ONE signs U.K. intermodal rail contract
Freightliner cites environmental benefits of deal with Japanese carrier.
Commerce secretary leading trade trip to Africa
About 20 companies will visit Ethiopia, Kenya, Côte D’Ivoire and Ghana next week as part of the President’s Advisory Council on Doing Business in Africa.
U.S., China could reach deal in August to stay tariffs
Analyst also says such an agreement could foreshadow a more hawkish U.S. approach to trade during the 2020 election season.
FedEx shares drop despite earnings growth
Traders on Wall Street apparently were unimpressed by FedEx’s earnings beat, selling the stock down 6.4 percent from Monday’s closing price.