The creation of a new envoy for the Canada-EU Comprehensive Economic and Trade Agreement (CETA) reflects the high priority the country places on signing the deal, despite recent opposition.
New Federal Aviation Administration rules for operating commercial drones took effect Monday, making it easier for businesses to use the flying robots for a variety of applications.
U.S. gross domestic product increased 1.1 percent in the second quarter of 2016, according to the “second” estimate from the Department of Commerce, following a revised increase of just 0.8 percent in the first quarter.
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However, chassis lessors oppose the West Coast Marine Terminal Operator Agreement members’ plan to implement a $5 fee on chassis that move in and out of container terminals at the ports of Los Angeles and Long Beach, saying it will cost them $29 million.
South Korea’s largest container shipping company’s transported volumes ticked up 1 percent year-over-year in the quarter to 1.17 million TEUs, container revenues tumbled 26.6 percent year-over-year to 1.35 trillion won.