Long Beach terminal said to have multiple suitors China’s COSCO Shipping is being forced to sell the facility as part of its acquisition of container carrier Orient Overseas Container Line this summer. By Chris Dupin, Published a day ago
New York/New Jersey seeks to add dockworkers More longshoremen are needed because of retirements, cargo growth. By Chris Dupin, Published a day ago
China resumes U.S. soybean purchases The move fulfills a key agreement reached during a meeting with the U.S. delegation on the sidelines of the G20 summit earlier this month. By Brian Bradley, Published a day ago
Challenges brewing in liner carrier industry An economic downturn, coupled with trade volatility and fuel cost challenges will bog down carriers’ earnings in the coming quarters. By Hailey Desormeaux, Published 2 days ago
Adviser: Economy can sustain shocks amid tensions Deputy National Economic Council Director Clete Willems during a speech Thursday emphasized the structural economic reforms the U.S. wants to see in China. By Brian Bradley, Published 2 days ago
Cost, operational challenges hinder port automation The port sector has been much slower to adopt automation programs than comparable industries, according to a new report from McKinsey & Co. By Ben Meyer, Published 2 days ago
XPO lowers 2019 earnings expectations Stock in the roll-up trucking and third-party logistics provider has lost nearly half its value in the fourth quarter of 2018. By Ben Meyer, Published 2 days ago
Tariffs help ports reach records but slowdown looms The Port of Charleston is expecting an unusually late slack season as a result of retailers front-loading cargoes ahead of increases in tariffs. By Ben Meyer, Published 3 days ago
Inspection tech, new laws help curb opioid imports CBP Commissioner Kevin McAleenan tells Senate Judiciary Committee his agency would need at least $300 million annually to increase scanning at ports of entry. By Brian Bradley, Published 3 days ago
USDOT awards $1.5 billion in transportation grants Transportation Secretary Chao says the funding will support road, rail, transit and port infrastructure projects across the country. By Chris Dupin, Published 3 days ago
Commentary: Russia-Ukraine tension may affect trade Bluewater Reporting closely monitors geopolitical events because of the potential effect on the ocean liner shipping industry. By Alexander Ullmann, Published 3 days ago
Spared by earthquake, Port of Alaska still needs rehab Built in the 1960s, the port needs more than $1 billion to replace old docks and remove what it says was earlier botched construction work. By Chris Dupin, Published 4 days ago
FedEx stock tumbles after rating downgrade Bank of America Merrill Lynch said it dropped the parcel carrier’s rating due to the “surprising” departure of the Express segment’s CEO. By Ben Meyer, Published 4 days ago
BIC alleges IP infringement of other lighters BIC Corp. is seeking a general exclusion order for imports of several different brands of lighters. By Brian Bradley, Published 4 days ago
Maersk introduces cargo insurance alternative Value Protect “can act as a substitute or as supplement to regular cargo insurance.” By Chris Dupin, Published 4 days ago
BIS eyes Chemical Weapons Convention’s impact Information will be used to prepare certification to Congress on whether chemical, biotechnology and pharmaceutical firms are harmed by the convention’s implementation. By Chris Gillis, Published 4 days ago
ITC determines Chinese aluminum hurts U.S. industry In the first government self-initiated AD/CVD case since 1985, the ITC voted 5-0 that imports of common alloy aluminum sheet from China materially injure U.S. industry. By Brian Bradley, Published 5 days ago
Moody’s downgrades Maersk rating Shipping giant retains investment grade rating, but Moody’s expects it to operate at a higher leverage. By Chris Dupin, Published 5 days ago
Commentary: Know your exports Determining the commodity jurisdiction and classification of a product is the most critical component of any export compliance program. By Paul DiVecchio, Published 5 days ago
ITC told U.S., Japan should discuss drawback, CTPAT Robust customs provisions as part of any agreement would play a crucial role in bilateral trade, industry members said during an International Trade Commission hearing. By Brian Bradley, Published 5 days ago
Long Beach terminal said to have multiple suitors
China resumes U.S. soybean purchases
Challenges brewing in liner carrier industry
