The new Qatari seaport will help “circumnavigate Arab sanctions” that previously shunted Qatar’s global trade, according to multiple media sources.
China Merchants acquires 90% of Brazil’s Paranagua port
The acquisition of a 90 percent stake in TCP Participações S.A., the operator of the second largest port in Brazil, will cost the China Merchants Port Holdings $920 million as the Chinese company looks to kickstart its expansion into South America.
NYFW SS18 Breaking Trends: Tom Ford, Sachin & Babi
Accessories Magazine’s daily dispatch of the latest looks coming down the Spring/Summer 2018 runways, all filtered through the accessories lens.
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USDOT makes $500m in TIGER grants available
The U.S. Transportation Department on Wednesday said $500 million is now available in the Transportation Investment Generating Economic Recovery program for state and local infrastructure projects.
Cloud Logistics integrates Truckstop.com rate index
The integration gives transportation management system provider Cloud Logistics’ users access to lane- and equipment-specific rate benchmark data to incorporate in spot quote decisions.
Vietnam resumes U.S. distillers grain imports
Vietnam will once again start accepting imports of U.S. distillers dried grains (DDGS), after it had suspended these shipments in December 2016 due to a detection of quarantine pests.
Executive Moves: Saddle Creek and FlexiVan
Saddle Creek Logistics Services hires vice president of business development; and FlexiVan appoints president and chief operating officer, and executive vice president and chief commercial officer.
U.S. steel makers speak up for solar panel import relief
The Steel Manufacturers Association, a trade group that represents 30 of the largest steel producers across North America, has asked the U.S. government to help protect the country’s last solar panel manufacturers from a surge of cheap imports.
Denmark looks to scrap registration fees for merchant vessels
Currently, when registering a ship in Denmark, a one-time fee of one per thousandth of the value of a ship is charged, plus a mortgage registration fee, representing one per thousandth of the value of the deposit.