The U.S. International Trade Commission concluded that proposed modifications to the U.S.-Chile Free Trade Agreement's rules of origin involving certain yarn-based fabrics will have minimal effect on U.S. industry and trade.
The U.S. Export-Import Bank and the Eastern and Southern Africa Trade and Development Bank signed a memorandum of understanding to expand trade opportunities between the United States and sub-Saharan Africa.
Oslo, Norway-based Xeneta, a global benchmarking and market intelligence firm with a focus on the containerized ocean freight industry, has opened its first U.S. office in New York City.
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Electronics manufacturer Samsung said in court filings that "cargo owners are being held hostage," while Maher Terminals said it "is not required to extend free credit to Hanjin, and should not be forced to."
However, individual terminals at the ports of Los Angeles and Long Beach will negotiate directly with chassis leasing companies over compensation for storing chassis and providing services to lessors.
U.S. Customs and Border Protection (CBP) Commissioner Gil Kerlikowske told customs brokers and forwarders Tuesday that members of a key trade facilitation program, known as CBP’s Customs-Trade Partnership Against Terrorism program, need “enhanced benefits.