The total value of cross-border freight between the United States and North American trading partners Canada and Mexico slipped another 6.4 percent year-over-year in June 2016, according to the Bureau of Transportation Statistics.
The Commerce Department has determined that several Indian manufacturers of welded stainless pressure pipe are dumping their product on the U.S. market.
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.
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Third-party logistics providers like Expeditors International of Washington have traditionally benefitted from disruptions in direct shipper/carrier relationships, according to a recent client note from William Blair Equity Research.
Carriers may seek to "turn the table" on shippers who drove hard bargains, but an upturn in rates may be short-lived.
The world’s two largest container shipping carriers, Maersk Line and MSC, are beefing up their presence on the transpacific trade in the wake of Hanjin Shipping filing for receivership in Korea last week.