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Members of the Transpacific Stabilization Agreement are recommending two $600 general rate increases and a $400 peak season surcharge.
Container derivatives broker at Freight Investor Services in London cites reports that Maersk is cutting rates to Europe.
The third-party logistics provider also cut its first quarter loss in half.
The White House said the trade agreement between the United States and 11 other nations will go a long way to remove costly tariffs for U.S. exporters.
Rhode Island Governor Raimondo is trying to raise $1.1 billion for bridge repairs by tolling commercial vehicles.
Global trade compliance director of pharmaceutical company Merck spoke to the AAEI annual conference about the complexity of valuation and country of origin requirements on non-sale materials.