The maritime information provider and creator of the famed Baltic Dry Index will work closely with shipbrokers and end-users to create new freight rate benchmarks and indices to be launched later this year, according to Baltic Exchange CEO Mark Jackson.
The Trump administration has nominated Richard Ashooh of New Hampshire as the assistant secretary of export administration in the Commerce Department’s Bureau of Industry and Security.
The Philadelphia Regional Port Authority has rebranded the Northeast U.S. port to PhilaPort in wake of increased investments and port expansions.
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U.S. exporters of beef and liquefied natural gas will soon have access to China's burgeoning market, as a result of the U.S.-China Comprehensive Economic Dialogue.
The Global Port Tracker, which is produced by Hackett Associates for the National Retail Federation, is projecting year-over-year volumes increases at the nation’s major retail container ports in the coming months.
The Consolidated Appropriations Act, 2017 (H.R. 244), which was passed by the U.S. House of Representatives Wednesday by a 309-118 vote, will boost funding for the Department of Defense and Homeland Security.