A ship carrying liquefied natural gas (LNG) from the United States became the first LNG carrier to pass through the enlarged Panama Canal on Monday.
U.S. Customs and Border Protection has created a dedicated team to monitor violations of coastwise shipping rules as supporters tout the Jones Act's homeland security benefits.
Major freight railroads in the United States employed 152,426 workers as of the middle of June 2016, down 0.2 percent from the previous month and 11.55 percent year-over-year, according to data from the Surface Transportation Board.
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Ocean carrier Hyundai Merchant Marine joining the 2M Alliance - comprised of Maersk Line and MSC - has fueled speculation about Maersk’s ultimate motives, but the short term impact is a larger share on the transpacific trade, especially from Korea.
Some logistics providers remain skeptical about how well it will work for ports to weigh containers and transmit the data to carriers on behalf of shippers.
The International Monetary Fund is forecasting the global economy to increase at a 3.1 percent pace in 2016 and 3.4 percent in 2017, both down 0.1 percentage points from previous projections, following the UK’s surprise vote last month to leave the EU.