At a briefing in Washington, D.C., Singapore's ambassador to the Unites States Ashok Kumar Mirpuri said trade is what plugs in smaller economies and opens selling opportunities for United States firms.
A CSX freight train carrying hazardous materials went off the rails along a busy route in Northeast Washington, D.C. early Sunday morning, spilling sodium hydroxide and forcing the suspension of service on the Metro’s Red Line.
More than 100 neopanamax ships have already made reservations to transit the waterway's new larger locks following the historic inauguration and first voyage, according to the Panama Canal Administration.
Registration takes less than 1 minute.
BB&T freight analyst Tom Albrecht told the LeanLogistics user conference Tuesday that there's no single driver of loose capacity in domestic transportation markets.
The South Korean shipping conglomerate is also considering sale of its tanker business as part of its "self-rescue" plan to increase liquidity and improve its finances, according to local media reports.
Ports covered by the Global Port Tracker handled 1.54 million TEUs in February, a 3.7 percent increase from January, according to the National Retail Federation and Hackett Associates.