FASA

The Dubai-based port terminal operator handled 52.3 million TEUs across its global portfolio during the first nine months of 2017, signaling a recovery in global trade, said DP World Group Chairman and Chief Executive Officer Sultan Ahmed Bin Sulayem.

The U.S. government has launched a new initiative to ensure that developing countries benefiting from product-specific duty-free access to the U.S. market are in compliance with the eligibility requirements of the Generalized System of Preferences (GSP).

Despite impacts from Hurricane Harvey in August, Port Houston’s year-to-date container and cargo volumes remained strong as the U.S. Gulf Coast port moves forward with its $700 million modernization plan.

The Eastern Canada port terminal will purchase three new ship-to-shore cranes and increase reefer capacity by 25 percent within 12 months, according to Halterm International Container Terminal CEO Kim Holtermand.

The Interagency Committee on Trade in Timber Products, which was stood up as part of the U.S.-Peru Trade Promotion Agreement, has ordered CBP to block shipments from Inversiones Oroza after determining the company is engaged in illegal logging.

The expansion of airfreight services to Rickenbacker International Airport in Columbus, Ohio, is a result of Trinity Logistics moving its East Coast hub to the airport to cater to its clients in retail, defense and healthcare, the company said.

The same free, two-day shipping offered to home-based consumers is now available to businesses in the U.S. and Germany through Amazon Business’s new Business Prime Shipping subscription.

Proponents of project labor agreements (PLAs) say they help keep infrastructure development works on time and on budget, as well as benefiting the community through local hiring requirements, but detractors say they make projects more expensive.