MSC has shuttled its planned imposition of a port congestion surcharge on the West Coast.
Ocean carriers are postponing congestion surcharges proposed in reaction to the ongoing ILWU and PMA labor discussions impacting West Coast ports.
The government has allowed limited private participation in rail infrastructure for a decade and is now seeking $1 billion.
U.S. steel imports rose 12.7% in October, month-over-month, to 4.4 million net tons, driven by volume increases from Brazil, South Korea and Turkey.
The Commerce Department this week has determined that automobile and light truck tires from China are subsidized by the Chinese government.