The president says the U.S. would implement an additional $200 billion in tariffs if China retaliates against the $50 billion already planned.
Carriers divert cargo from Felixstowe
The port has been experiencing delays from the implementation of a new terminal operating system.
Google links up with JD.com
Under the strategic partnership, Google will invest $550 million in China’s second-largest e-commerce provider.
Spot transpacific, transatlantic rates buck trend down
Despite losing ground for the second straight week on a sequential basis, container freight rates between Asia and the United States are on the rise compared with last year.
U.S. fuel prices shift downward
Prices of diesel fuel and regular gasoline have declined for the past three weeks but still are higher than a year ago.
Cerberus aims to buy WFS
New York-based private equity firm enters agreement to acquire one of the world’s largest third-party air cargo ground handlers.
Port of Cork building new container terminal
Operations are expected to commence by 2020.
Executive Moves: Houston, Great Lakes, Sweden
Port has new CCO; Cleveland company hires managers; and insurance group appoints board members.
Logistics costs rose 6.2 percent in 2017
State of the industry report sees a “steep grade ahead” with carriers in control as transportation demand outstrips supply.
Senate votes to scuttle ZTE deal
The White House is expected to work to prevent the provision from carrying over into any final bill.