The Eden Prairie, Minn.-based third-party logistics provider has added Oceania as a new region to its Global Forwarding division, thanks to the company’s acquisition of Melbourne-based APC Logistics.
The United States imported 2.99 million net tons of steel in August, an 8.5 percent month-over-month decline, driven down by lower volumes from Brazil and South Korea from a month prior.
Bernie Sanders, D-Vt., said he will fight the trade deal in the Senate, but Sen. Elizabeth Warren, D-Mass., hinted the deal could fly in 2017 if controversial language giving corporations the right to challenge a nation's regulations is removed.
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The Taiwanese ocean carriers have added new functions to their online systems in response to the unexpected service disruptions caused by Hanjin Shipping's insolvency.
The container leasing company said as of Sept. 2, approximately 4.8 percent of its total owned and managed fleet, in terms of TEUs, was leased to the South Korean ocean carrier.
As part of its integration with fellow state-run ocean carrier China Shipping, COSCO Holdings sold the vessels Na Xi He, Bu Yi He, Yu Gu He, Ha Ni He, and Jing Po He for a total of 90 million yuan renminbi (U.S. $13.5 million).