FASA

The Taiwanese ocean carrier turned a profit in 2017 amid significant increases in consolidated revenues and volumes as it encountered tailwinds from a recovering shipping market.

The United States’ request for World Trade Organization consultations over allegedly unfair Chinese intellectual property policies coincided with tariffs proposed Thursday by President Donald Trump.

Pricing on routes between Shanghai and the rest of the world fell another 4.3 percent last week, continuing a steady decline that began in early February, according to the Shanghai Shipping Exchange’s Shanghai Containerized Freight Index (SCFI).

Shipment volumes for the month jumped 5.9 percent from January and 11.4 percent compared with February 2017, while expenditures grew 5.2 percent sequentially and 14.3 percent year-over-year, according to the latest Cass Freight Index Report.

The Consumer Product Safety Commission will host stakeholders in May to examine issues related to products that connect to the Internet, including newly posed ‘non-traditional’ safety matters that could fall in the commission’s purview.

The U.S. International Trade Commission is scheduled to make its final decision on this petition for the antidumping duty investigation, filed by North American Steel & Wire/ISM Enterprises of Pennsylvania, by May 7.

Ross Roggio of Stroudsburg, Pa., and his firm Roggio Consulting Co. were charged with conspiracy to illegally export firearm parts and tools to Iraq for manufacturing M4 rifles.

The review was characterized as a response to indications that imports have been increasing over the past two years, a trend the European Union said could be exacerbated by recently ordered U.S. steel tariffs.

The U.S. and South Korea have agreed in principle to a set of amendments on the six-year-old deal, South Korea’s trade minister said Monday.