The mid-Atlantic port handled 2.56 million tons of general cargo during the first quarter of 2017, up 5 percent year-over-year, primarily due to an increase in car and container throughput.
The Building and Renewing Infrastructure for Development and Growth in Employment (BRIDGE) Act is sponsored by U.S. Sens. Roy Blunt, R-Mo., and Mark Warner, D-Va.
London-based Shipamax, a participant in the logistics technology accelerator Dynamo's initial program last year, is aiming to digitize dry bulk broker processes.
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The Japanese postal, banking and insurance conglomerate had a net loss attributable to the company of 28.98 billion yen (U.S. $261 million), less than the 40 billion yen loss it was projecting last month.
U.S. Trade Representative Robert Lighthizer said in a call with reporters Thursday morning the administration hopes to renegotiate the deal, rather than scrap it altogether, the Washington Post reported.
The Commerce Department had determined that imports of steel reinforcement bar, also known as rebar, from Turkey and Japan are being dumped on the U.S. market at unfair prices.