FASA

The 15,262-TEU containerships caught fire in the Arabian Sea Tuesday, leaving one crew member dead, two receiving urgent medical treatment, and four still missing.

The German mail and logistics company posted revenues of 60.4 billion euros for the year, rising 5.4 percent from 2016, despite encountering headwinds from currency effects.

The logistics company added one office each in China, Manila, Lithuania and Serbia.

Although small enterprises are particularly unaccustomed to the demands of international shipping, a new digital ecosystem of cross-border tools is helping retailers with duties and visibility.

The 15,226-TEU Maersk Honam experienced a serious fire in one of its cargo holds Tuesday, leaving four crew members still missing.

U.S. Customs and Border Protection on Tuesday released its E-Commerce Strategy that recommends changes in data acquisition approaches as part of the agency’s counterfeit targeting efforts.

Senate Majority Leader Mitch McConnell, R-Ky., said during a Tuesday press conference how there is a lot of concern among Senate Republicans that President Trump’s proposed tariffs on steel and aluminum imports “could metastasize into a larger trade war.”

Chainalytics and Drewry have partnered on the Ocean Buying Group, a project that allows small and mid-size shippers to pool their volume to increase buying power with carriers.

The Commerce Department has found evidence that silicon metal imports from Australia, Brazil and Norway are being dumped on the U.S. market at less than fair value.

The Commerce Department has determined that U.S. imports of polytetrafluoroethylene (PTFE) resin, a substance generally used as a non-stick coating for pans and other cookware, from India are receiving export performance-based subsidies from the Indian…