The U.S. International Trade Commission concluded that proposed modifications to the U.S.-Chile Free Trade Agreement's rules of origin involving certain yarn-based fabrics will have minimal effect on U.S. industry and trade.
The U.S. Export-Import Bank and the Eastern and Southern Africa Trade and Development Bank signed a memorandum of understanding to expand trade opportunities between the United States and sub-Saharan Africa.
Oslo, Norway-based Xeneta, a global benchmarking and market intelligence firm with a focus on the containerized ocean freight industry, has opened its first U.S. office in New York City.
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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.
A bankruptcy court in Newark, N.J. will hear requests for modifications as Hanjin Shipping’s biggest shareholder, Korean Air Lines, has postponed a decision to provide cash to the carrier.
Third-party logistics providers like Expeditors International of Washington have traditionally benefitted from disruptions in direct shipper/carrier relationships, according to a recent client note from William Blair Equity Research.