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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DSF said it expects intra-regional trades to grow in importance at the expense of the main east-west trades.
The London-based shipping research and consulting firm said that as currently planned, “The Alliance” will be "at a size disadvantage," making up 24 percent of East-West capacity.
Japanese container carrier Kawasaki Kisen Kaisha could be targeted by Singapore-based hedge fund Effissimo, the firm’s largest shareholder as of early August, according to recent media reports.