The Eden Prairie, Minn.-based third-party logistics provider has added Oceania as a new region to its Global Forwarding division, thanks to the company’s acquisition of Melbourne-based APC Logistics.
The United States imported 2.99 million net tons of steel in August, an 8.5 percent month-over-month decline, driven down by lower volumes from Brazil and South Korea from a month prior.
Bernie Sanders, D-Vt., said he will fight the trade deal in the Senate, but Sen. Elizabeth Warren, D-Mass., hinted the deal could fly in 2017 if controversial language giving corporations the right to challenge a nation's regulations is removed.
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The South Korean carrier said certain providers have been charging its customers more than what it would have charged to transport cargo and has tried to intervene, taking its concern up with the Federal Maritime Commission.
The Massachusetts Port Authority said the Conley Terminal will be upgraded with an additional berth and three new cranes, while the Boston Harbor will be dredged to accommodate 12,000-TEU vessels.
Judge John Sherwood of the U.S. Bankruptcy Court for the District of New Jersey moved to recognize receivership proceedings in South Korea for the now insolvent ocean carrier Hanjin Shipping.