South Korean shipyards exited the business of making cranes a decade ago because of stiff compeitition from Chinese makers.
Trucking industry executives visited the White House Thursday afternoon to talk about issues that affect their businesses.
Negotiations between the United States and European Union on the Transatlantic Trade and Investment Partnership free trade agreement may still be on the table despite assumptions to the contrary, according to a report from Agence France-Presse.
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The United States Maritime Alliance, the employer group that negotiates the master contract with the International Longshoremen's Association, called the ILA’s planned work stoppage threat “disturbing.”
Federal Maritime Commission Chairman Mario Cordero says he is willing to discuss the agency's concerns with Port Authority of New York/New Jersey and OCEMA member carriers, leaving the door open for future approval of a revised agreement.
COSCO Shipping Ports Ltd. and CMA CGM Terminals Holding signed a worldwide memorandum of understanding to seek cooperation at ports worldwide, with preference being given to ports called by the Ocean Alliance.