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The Commerce Department has initiated both antidumping and countervailing duty investigations of certain cold-rolled steel flat products from Brazil, China, India, Korea and Russia.
The Danish conglomerate has been affected by fallen oil prices and low Asia-Europe freight rates.
Shipment volumes and, expenditures both decreased compared with June figures, but this is “in line with the seasonal patterns of the last five years,” according to the latest Cass Freight Index Report.
The U.S. Maritime Administration is trying to find maritime applications for zero emission hydrogen fuel cells, which have the potential to provide cleaner air and reduce costs for shippers.
The Malaysian shipping company increased group profits by over 27 percent in the first six months of the year despite a 1 percent dip in overall revenues.
The ocean carrier joined Evergreen Line's APG service between Asia, the Indian Subcontinent and the Middle East with the Aug. 24 sailing of the Ever Libra from Shanghai.