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International Longshoremen’s Association and employers represented by the United States Maritime Alliance will begin full wage scale meetings in mid‐September.
Despite passing fast-track Trade Promotion Authority, the U.S. House of Representatives potentially stopped TPA in its tracks today, voting against a companion bill to help workers displaced by trade deals.
Neptune Orient Lines, parent of ocean carrier APL, is "totally focused" on returning the liner business to profitability, NOL CEO Ng Yat Chung said during a call with securities analysts.
Descartes will link trade compliance data and documentation from its Global Logistics Network to SAP's transportation management application for better shipment visibility for SAP's TM customers.
The U.S. Department of Commerce’s Bureau of Economic Analysis also revised a previous prediction of a 0.2 percent decrease in first quarter gross domestic product to a 0.6 percent increase.