U.S. gross domestic product increased 1.4 percent in the second quarter of 2016, according to the “third” estimate from the Department of Commerce, following a revised increase of just 0.8 percent in the first quarter.
The Ottawa-based Chamber of Marine Commerce will take over the operations of the Canadian Shipowners Association.
Rep. Jaime Herrera Beutler, R-Wash., sent a letter to the heads of the Department of Transportation, Federal Railroad Administration and Pipeline and Hazardous Materials Safety Administration asking DOT to study potential methods for reducing the combustib
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Following Hanjin Shipping filing for receivership, Hyundai Merchant Marine will start up two new services, one between Korea and the U.S. and one between Korea and Europe.
Electronics manufacturer Samsung said in court filings that "cargo owners are being held hostage," while Maher Terminals said it "is not required to extend free credit to Hanjin, and should not be forced to."
The latest round of funding for freight forwarder Flexport shows early stage venture capital groups are nowhere near burned out on logistics technology startups.