The World Trade Organization (WTO) on Thursday ruled in favor of the United States when it reaffirmed that Indonesia’s import licensing regimes for horticultural and animal products are inconsistent with the global trade body’s rules.
Port of Oakland receives initial approval for long-planned logistics center
The tentative agreement, which Oakland’s port commission gave initial approval to on Nov. 9, caps nearly 15 years of planning for what the port has called its most-anticipated growth project ever.
Waymo trials take humans out of the driver’s seat
The automated car subsidiary of Google parent Alphabet Inc. started testing a fleet of self-driving vehicles on public roads in Phoenix last month without anyone behind the wheel.
NRF: Import growth at major U.S. container ports expected to slow in 2018
After a record-setting year, although import volumes at major container ports across the U.S. are not expected to decline in 2018, the rate of import growth is likely to slow considerably, according to the latest Global Port Tracker report.
SCFI drops 4.5%
Spot container rates from Shanghai to Europe declined 6.5 percent since last Friday, while rates from Shanghai to the Mediterranean fell 6.2 percent, according to the Shanghai Shipping Exchange’s Shanghai Containerized Freight Index.
Knight-Swift posts first quarterly post-merger results
Now North America’s largest provider of truckload services, Knight-Swift Transportation Holdings recorded a net income of $4.2 million on revenues of $521.6 million for the quarter, according to the newly merged firm’s most recent financial statements.
HMM posts $865.4m loss in Q3 2017
The South Korean ocean carrier said the loss was fueled by a 479.5 billion South Korean won loss in book value of 10 vessels that were sold to Korea Shipping and Maritime Transportation back in March.
Lord & Taylor Unveils “Best and Brightest” 80th Annual Holiday Windows
Last night, Lord & Taylor unveiled its 80th annual world-famous holiday windows to New York in collaboration with Hallmark Channel and Madison Square Boys & Girls Club. American country pop singer-songwriter Jessie James Decker performed and Lord & Taylor President Liz Rodbell joined the stage for the countdown and much-anticipated …
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Niki Minaj Stars in H&M’s Holiday Campaign
H&M has revealed its Holiday campaign film starring rapper Nicki Minaj alongside actors Jesse Williams and John Turturro.
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APL launches new intra-Asia loops
The ocean carrier has announced three new services between South China and the Philippines that will commence sailing by the beginning of December.