FASA

The Northwest Seaport Alliance, comprised of the Ports of Seattle and Tacoma, said the August increase bodes well for the peak shipping season.

The independent containership owner and manager signed a Framework Cooperation Agreement with the Export-Import Bank of China for up to $1 billion in export credit facilities.

The sluggish iron ore trade in August resulted from high levels of steel imports, and repairs for three 1,000-foot lakers during the month.

The North American Chassis Pool Cooperative currently offers more than 8,500 chassis in three contributory gray pools: MCCP, COCP and SACP.

Jobs directly associated with port activity have increased more than 13 percent between 2012 and 2014, according to an economic impact study of the Port of New York and New Jersey.

Norfolk Southern Corp. will modify its Triple Crown Services (TCS) subsidiary to focus on the transport of auto parts, while other business will shift to the railroad’s intermodal network.

The ocean carriers, which offer liner service to Puerto Rico and Alaska, will henceforth be known as TOTE Maritime, according to a statement from the companies.

The House Energy and Commerce Committee on Thursday approved legislation to lift the nearly 40-year-old ban on crude oil exports, a move it said will boost the U.S. economy.

General Electric is bidding on $11 billion in power projects that received a line of credit from the French export credit agency and may result in more than 500 U.S. jobs going overseas.

Commerce found dumping and countervailable subsidies with Mexican sugar imports, but its hands remain tied by existing sugar trade agreements between U.S. and Mexico.