Now by far the largest truckload carrier in the United States, Knight-Swift Transportation Holdings has made its first acquisition since its merger in fall 2017, purchasing Richmond, Va.-based Abilene Motor Express for an undisclosed sum.
Canada requests WTO dispute panel in softwood case against U.S.
Canada on Thursday requested that the World Trade Organization (WTO) form a dispute panel to adjudicate its challenge over U.S. antidumping and countervailing duties on Canadian softwood lumber, a Canadian government spokesperson confirmed Friday.
MPC scoops up up 6 more feeder ships
Olso, Norway-based feeder specialist MPC Container Ships has agreed to acquire five vessels from Simatech ranging in size from 1,201 TEUs to 1,440 TEUs and another 1,350-TEU vessel for a total purchase price of $48.5 million in cash.
BIS issues rule for requesting steel, aluminum tariff exclusions
The interim final rule from the Bureau of Industry and Security (BIS) sets forth the guidelines that entities and individuals should follow in requesting product exclusions from U.S. tariffs on steel and aluminum imports scheduled to take effect Friday.
Port of Portland revs auto exports
By handling of more than 87,000 Ford vehicles in 2017, the Port of Portland, Ore., maintained its top position for West Coast auto exports.
2M alters Asia-Europe network to ‘improve reliability’
According to the members of the 2M Alliance vessel sharing agreement, Maersk Line and MSC, a reduction in the number of port calls in its services connecting Asia with Europe will give the carriers more buffer time to adjust to weather or other delays.
DHL’s AEI employees in U.S. approve new contract
The nearly 800 workers of Air Express International (AEI), a U.S. subsidiary of DHL Global Forwarding and Deutche Post-DHL of Bonn, Germany, have overwhelmingly approved a new national contract.
Union leader questions CBP border investment strategy
Anthony Reardon, the head of the union representing U.S. Customs and Border Protection (CBP) port officers, is raising concerns about the agency’s and Congress’ dedication to hiring more officers to fill understaffed ports of entry.
DHL looks to seize on potential growth in U.S. e-commerce market
The parcel and express carrier has begun to expand its U.S. market presence by offering a new delivery program that caters to urban e-commerce retailers and shoppers.
Hutchison profits rise on increased container volumes in 2017
The port terminal operator subsidiary of conglomerate C.K. Hutchison Holdings Co. posted an annual container throughput of 84.7 million TEUs last year, 4 percent more than in 2016, and expects “modest growth in global trade in 2018.”