Although exports from Japan in September fell 6.9 percent from a year prior to 5.97 trillion yen, the decline was not as sharp as analysts had projected.
The Federal Maritime Commission said Friday it concluded its review of the proposed OCEAN Alliance, allowing the new ocean carrier alliance to take effect Monday, although it is not expected to commence operations until around April 2017.
PierPass, whose members consist of the 13 container terminals at the ports of Los Angeles and Long Beach, held a workshop last Thursday to evaluate extended gate options.
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Transportation planners and industry executives briefed House lawmakers last week on progress made so far with implementing freight provisions of the FAST Act.
Christopher G. Salis, a former global vice president of SAP, along with two associates, were charged in a federal indictment Thursday for their roles in a scheme involving insider trading and money laundering.
The U.S. trade deficit surpassed analyst expectations in August, rising 3 percent from July to $40.73 billion as higher imports offset a gain in exports.