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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The U.S. government in 2015 issued an estimated $804 million in duty drawbacks, less than 10 percent of the amount available to shippers, but upcoming regulatory changes should attract more shippers to the longtime duty refund program.
Major container ports in the United States handled 1.63 million TEUs in July, up 3.2 percent from June and 0.7 percent from July 2015, according to the monthly Global Port Tracker report by the National Retail Federation and Hackett Associates.
Fighting global warming on several fronts, the White House recently issued new rules to rein in emissions of heavy-duty commercial vehicles, scheduled to go into effect in 2018.