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The TPP agreement, which includes the United States and 11 other countries in the Pacific Rim and the Americas, covers a range of industries and promises to reduce or eliminate tariffs and quotas on numerous products.
The ECT City Terminal, the oldest container terminal at the Port of Rotterdam, closed its doors last week as a result of not being able to handle the increases in scale in container shipping.
The United States imported 3.02 million net tons of steel in August and 28.02 million net tons during the first eight months of 2015, year-over-year decreases of 18.5 percent and 2.2 percent, respectively.
The U.S. Coast Guard and ship operator TOTE Maritime have scheduled press conferences for this afternoon to announce any new information on last week's disappearance of the Florida-Puerto Rico cargo vessel.
The trucking industry will need to hire 890,000 new drivers, an average of 89,000 per year, in order to keep pace with demand, according to a new report from the American Trucking Associations.
The Cincinnati, Ohio-based transportation and logistics firm opened an office in Daytona Beach, Fla. last week.