FASA

President Donald Trump intends to nominate Amy Karpel to serve as a commissioner on the International Trade Commission.

Intermodal pricing rose another 5 percent for the month compared with the same 2017 period, the sixteenth consecutive monthly year-over-year increase, according to the latest Cass Intermodal Price Index.

Domestic truckload pricing jumped 6.5 percent for the month compared to January 2017 following year-over-year increases of 6.3 percent and 6.2 percent, respectively, in December and November, according the latest Cass Truckload Linehaul Index.

International trade volumes ticked up 0.3 percent in December compared with the previous month, according to the latest World Trade Monitor report from the CPB Netherlands Bureau of Economic Policy Analysis.

The U.S. Treasury Department’s Office of Foreign Assets Control has sanctioned six individuals, 24 entities, and seven vessels for the illicit production, refining, brokering, sale, purchase or export of Libyan oil.

The French container carrier said its logistics facility at DP World London Gateway Logistics Park is expected to commence operations in early summer next year.

Over 1,000 local government leaders told Congress last week that heavier and longer trucks could harm the nation’s transportation infrastructure, despite companies like FedEx saying how an increased twin tractor-trailer length would reduce driving miles.

The U.S. Federal Maritime Commission has received 14 ocean transportation intermediary license applications and changes for review.

The Federal Trade Commission said the $400 million deal would violate antitrust laws by significantly reducing competition in an important market for marine water treatment chemicals and services.

U.S. Federal Maritime Commission Acting Chairman Michael A. Khouri has recently appointed Rachel Dickon to serve as the commission’s secretary and Brian Troiano to director of the Bureau of Enforcement.