FASA

The U.S. Export-Import Bank will extend financial assistance to exporters and financial institutions located in the Texas Gulf coast and Louisiana, as well as Florida, which were negatively impacted by the two recent hurricanes, the agency said.

The trade association on Tuesday told the International Trade Commission (ITC) its members are financially harmed by imports of Canadian softwood lumber, but Canada’s largest lumber producer begs to differ.

The National Transportation Safety Board (NTSB) is scheduled to meet on Dec. 12, 2017 in Washington, D.C. to determine the probable cause of the October 2015 sinking of the TOTE Maritime cargo vessel El Faro.

The port has struggled with bottlenecks and long wait times for inland cargo for months, leading the port authority to meet with stakeholders to open up funds and discuss solutions.

The containership owner signed time charter extensions with CMA CGM for two 2,207-TEU vessels.

The global trade management software provider has focused recent enhancements on allowing users to more easily adapt to fast-changing data requirements of CBP’s Automated Commercial Environment (ACE) single window initiative.

The Commerce Department has determined that Chinese-made tool chests and cabinets that are imported into the United States receive unfair subsidies from the Chinese government.

Launched earlier this summer, the rail service connects full-container-load (FCL) and less-than-container-load (LCL) cargo from Germany to China via a 16-day transit time, according to Hong Kong-based logistics company Tigers.